Aercap Holdings N.V. $AER Shares Sold by Vinva Investment Management Ltd

Vinva Investment Management Ltd reduced its position in Aercap Holdings N.V. (NYSE:AER) by 52.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 1,909 shares of the financial services provider’s stock after selling 2,067 shares during the period. Vinva Investment Management Ltd’s holdings in Aercap were worth $224,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. 59 North Capital Management LP lifted its stake in Aercap by 40.6% in the first quarter. 59 North Capital Management LP now owns 5,209,534 shares of the financial services provider’s stock valued at $532,258,000 after buying an additional 1,504,620 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Aercap by 25.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,873,872 shares of the financial services provider’s stock valued at $336,243,000 after acquiring an additional 575,320 shares during the period. Ninety One UK Ltd increased its holdings in shares of Aercap by 44.8% in the 2nd quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock valued at $327,006,000 after acquiring an additional 864,348 shares during the period. Ameriprise Financial Inc. raised its position in Aercap by 1.9% in the 1st quarter. Ameriprise Financial Inc. now owns 1,950,255 shares of the financial services provider’s stock valued at $200,278,000 after purchasing an additional 36,398 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in Aercap by 2.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,814,146 shares of the financial services provider’s stock worth $185,352,000 after purchasing an additional 49,537 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Analyst Ratings Changes

AER has been the subject of a number of research reports. Cowen reaffirmed a “buy” rating on shares of Aercap in a report on Thursday, October 30th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a report on Wednesday, October 8th. Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Susquehanna raised their price target on Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research report on Tuesday, November 11th. Finally, Bank of America upped their price objective on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $144.17.

Aercap Stock Up 0.7%

Shares of Aercap stock opened at $134.00 on Friday. The firm has a market cap of $25.03 billion, a P/E ratio of 6.35, a P/E/G ratio of 2.50 and a beta of 1.40. The business has a 50-day moving average price of $127.06 and a 200 day moving average price of $119.68. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $138.34.

Aercap (NYSE:AER) last issued its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2 billion. Aercap had a return on equity of 15.31% and a net margin of 45.41%.The firm’s revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, sell-side analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Wednesday, November 12th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 12th. Aercap’s payout ratio is presently 5.12%.

Aercap Company 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.