Leeward Investments LLC MA Has $13.19 Million Holdings in AerCap Holdings (NYSE:AER)

Leeward Investments LLC MA reduced its position in AerCap Holdings (NYSE:AER) by 19.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 139,238 shares of the financial services provider’s stock after selling 33,242 shares during the quarter. Leeward Investments LLC MA’s holdings in AerCap were worth $13,189,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Castle Hook Partners LP bought a new stake in AerCap in the first quarter valued at about $94,062,000. Assenagon Asset Management S.A. raised its holdings in shares of AerCap by 176.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider’s stock worth $71,349,000 after buying an additional 480,551 shares in the last quarter. Point72 Asset Management L.P. lifted its position in shares of AerCap by 182.3% during the 2nd quarter. Point72 Asset Management L.P. now owns 663,587 shares of the financial services provider’s stock worth $61,846,000 after buying an additional 428,487 shares during the period. Wedge Capital Management L L P NC grew its position in AerCap by 3,568.6% in the third quarter. Wedge Capital Management L L P NC now owns 427,756 shares of the financial services provider’s stock valued at $40,517,000 after acquiring an additional 416,096 shares during the period. Finally, Davidson Kempner Capital Management LP acquired a new position in AerCap during the second quarter worth $31,688,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Stock Performance

AER stock opened at $99.00 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a twelve month low of $63.34 and a twelve month high of $99.30. The business’s fifty day moving average is $94.91 and its 200-day moving average is $92.92. The company has a market cap of $19.60 billion, a P/E ratio of 7.84, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83.

AerCap (NYSE:AER) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same period in the previous year, the company earned $2.81 EPS. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Equities research analysts forecast that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Wednesday, November 13th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend is Wednesday, November 13th. AerCap’s payout ratio is presently 7.92%.

Analysts Set New Price Targets

Several research firms have recently weighed in on AER. Susquehanna upped their target price on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. TD Cowen restated a “buy” rating and set a $125.00 price target on shares of AerCap in a research report on Monday, July 29th. Finally, Barclays lifted their price objective on AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.83.

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.