Concurrent Investment Advisors LLC Sells 153 Shares of Aercap Holdings N.V. $AER

Concurrent Investment Advisors LLC lessened its holdings in Aercap Holdings N.V. (NYSE:AER) by 3.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,078 shares of the financial services provider’s stock after selling 153 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Aercap were worth $477,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fiduciary Alliance LLC lifted its holdings in Aercap by 0.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider’s stock valued at $2,727,000 after buying an additional 93 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares during the period. Signaturefd LLC increased its position in shares of Aercap by 1.8% during the first quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider’s stock worth $595,000 after acquiring an additional 102 shares during the period. Citizens National Bank Trust Department raised its stake in shares of Aercap by 0.8% during the second quarter. Citizens National Bank Trust Department now owns 13,965 shares of the financial services provider’s stock valued at $1,634,000 after acquiring an additional 104 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of Aercap by 8.0% in the first quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider’s stock valued at $160,000 after purchasing an additional 116 shares during the period. 96.42% of the stock is currently owned by institutional investors.

Aercap Price Performance

Shares of NYSE:AER opened at $120.39 on Friday. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $126.27. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. The company has a market cap of $22.49 billion, a PE ratio of 7.49, a price-to-earnings-growth ratio of 2.41 and a beta of 1.40. The company’s 50 day moving average is $120.83 and its 200 day moving average is $113.27.

Aercap (NYSE:AER) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, topping the consensus estimate of $2.75 by $0.08. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the prior year, the firm posted $3.01 EPS. The business’s quarterly revenue was down 3.6% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. On average, sell-side analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 13th. Aercap’s dividend payout ratio is currently 6.72%.

Wall Street Analyst Weigh In

AER has been the subject of a number of research reports. Zacks Research raised shares of Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Barclays boosted their price target on shares of Aercap from $115.00 to $131.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Morgan Stanley increased their price objective on shares of Aercap from $111.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, July 17th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. Finally, Susquehanna increased their target price on Aercap from $130.00 to $134.00 and gave the company a “positive” rating in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $122.57.

Aercap Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.