J. Safra Sarasin Holding AG Acquires 14,222 Shares of Aercap Holdings N.V. $AER

J. Safra Sarasin Holding AG boosted its stake in Aercap Holdings N.V. (NYSE:AER) by 135.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,706 shares of the financial services provider’s stock after purchasing an additional 14,222 shares during the period. J. Safra Sarasin Holding AG’s holdings in Aercap were worth $3,552,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of AER. Mizuho Markets Cayman LP lifted its holdings in Aercap by 45,615.5% during the 3rd quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock worth $424,769,000 after buying an additional 3,502,812 shares during the period. WGI DM LLC increased its stake in shares of Aercap by 40.6% in the third quarter. WGI DM LLC now owns 2,555,812 shares of the financial services provider’s stock valued at $309,253,000 after buying an additional 738,176 shares during the period. Mawer Investment Management Ltd. raised its position in shares of Aercap by 35.1% during the third quarter. Mawer Investment Management Ltd. now owns 2,093,694 shares of the financial services provider’s stock worth $253,337,000 after acquiring an additional 543,465 shares during the last quarter. Norges Bank bought a new position in shares of Aercap during the second quarter worth about $241,392,000. Finally, Ameriprise Financial Inc. lifted its stake in shares of Aercap by 1.3% in the third quarter. Ameriprise Financial Inc. now owns 1,958,577 shares of the financial services provider’s stock worth $237,409,000 after acquiring an additional 25,034 shares during the period. 96.42% of the stock is owned by institutional investors.

Aercap Stock Up 4.1%

Shares of Aercap stock opened at $137.38 on Wednesday. The stock’s 50-day moving average is $142.74 and its 200 day moving average is $136.41. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $154.94. The firm has a market cap of $22.93 billion, a price-to-earnings ratio of 6.44, a PEG ratio of 1.16 and a beta of 1.01. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.23 and a quick ratio of 0.23.

Aercap (NYSE:AER) last issued its quarterly earnings results on Saturday, February 7th. The financial services provider reported $3.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.64. The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.07 billion. Aercap had a return on equity of 15.11% and a net margin of 44.04%.The company’s revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.31 earnings per share. Equities research analysts anticipate that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, February 25th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, February 25th. This is a boost from Aercap’s previous quarterly dividend of $0.27. Aercap’s dividend payout ratio is presently 7.50%.

Analysts Set New Price Targets

AER has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft set a $175.00 target price on Aercap and gave the company a “buy” rating in a report on Tuesday, February 10th. TD Cowen restated a “buy” rating on shares of Aercap in a research report on Monday, March 16th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, January 21st. Zacks Research cut shares of Aercap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Finally, Morgan Stanley lifted their target price on shares of Aercap from $150.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Monday, March 2nd. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.38.

About Aercap

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.