AerCap Holdings (NYSE:AER) Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its stake in shares of AerCap Holdings (NYSE:AER) by 37.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 998,526 shares of the financial services provider’s stock after buying an additional 274,558 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.50% of AerCap worth $86,783,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Qsemble Capital Management LP lifted its stake in AerCap by 341.6% in the first quarter. Qsemble Capital Management LP now owns 29,148 shares of the financial services provider’s stock valued at $2,533,000 after buying an additional 22,548 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of AerCap during the first quarter valued at about $185,000. Inspire Advisors LLC raised its stake in shares of AerCap by 1.5% during the first quarter. Inspire Advisors LLC now owns 8,150 shares of the financial services provider’s stock valued at $708,000 after purchasing an additional 124 shares in the last quarter. Sei Investments Co. raised its stake in shares of AerCap by 7.0% during the first quarter. Sei Investments Co. now owns 728,094 shares of the financial services provider’s stock valued at $63,279,000 after purchasing an additional 47,802 shares in the last quarter. Finally, PFG Advisors raised its stake in shares of AerCap by 21.2% during the first quarter. PFG Advisors now owns 3,615 shares of the financial services provider’s stock valued at $314,000 after purchasing an additional 632 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Stock Up 1.0 %

Shares of NYSE AER traded up $1.00 during mid-day trading on Tuesday, reaching $97.65. The company had a trading volume of 2,121,181 shares, compared to its average volume of 1,552,708. AerCap Holdings has a twelve month low of $57.30 and a twelve month high of $98.79. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.26 and a current ratio of 0.26. The stock has a market capitalization of $19.33 billion, a PE ratio of 6.29, a price-to-earnings-growth ratio of 2.29 and a beta of 1.83. The stock’s 50 day moving average is $92.29 and its 200-day moving average is $84.59.

AerCap (NYSE:AER) last posted its earnings results on Wednesday, May 8th. The financial services provider reported $3.29 EPS for the quarter, topping the consensus estimate of $2.31 by $0.98. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.95 billion. AerCap had a net margin of 42.78% and a return on equity of 15.29%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.34 earnings per share. As a group, equities analysts anticipate that AerCap Holdings will post 10.61 earnings per share for the current fiscal year.

AerCap Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Wednesday, May 22nd were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Tuesday, May 21st. AerCap’s payout ratio is 6.51%.

Analyst Ratings Changes

A number of brokerages recently weighed in on AER. Susquehanna lifted their price objective on shares of AerCap from $90.00 to $100.00 and gave the company a “positive” rating in a research note on Thursday, May 2nd. Barclays boosted their price target on shares of AerCap from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, May 2nd. Morgan Stanley initiated coverage on shares of AerCap in a research report on Friday, June 7th. They issued an “equal weight” rating and a $103.00 price target on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on AerCap from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Finally, TD Cowen lifted their price target on AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, May 23rd. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $97.56.

About AerCap

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.