AerCap Holdings (NYSE:AER) Shares Acquired by Entropy Technologies LP

Entropy Technologies LP increased its position in shares of AerCap Holdings (NYSE:AER) by 22.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,204 shares of the financial services provider’s stock after purchasing an additional 3,649 shares during the quarter. Entropy Technologies LP’s holdings in AerCap were worth $1,914,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Donald Smith & CO. Inc. boosted its position in shares of AerCap by 0.3% in the 1st quarter. Donald Smith & CO. Inc. now owns 4,080,070 shares of the financial services provider’s stock worth $354,599,000 after buying an additional 10,670 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of AerCap by 12.6% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,860,757 shares of the financial services provider’s stock valued at $173,423,000 after purchasing an additional 208,407 shares during the last quarter. Castle Hook Partners LP purchased a new position in shares of AerCap during the 1st quarter worth approximately $94,062,000. AGF Management Ltd. raised its position in shares of AerCap by 35.4% during the 2nd quarter. AGF Management Ltd. now owns 1,068,447 shares of the financial services provider’s stock worth $99,579,000 after purchasing an additional 279,561 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in AerCap by 9.8% in the 2nd quarter. Sei Investments Co. now owns 799,416 shares of the financial services provider’s stock valued at $74,506,000 after buying an additional 71,322 shares in the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

AerCap Trading Down 2.3 %

Shares of AER stock opened at $95.35 on Wednesday. The firm’s 50-day simple moving average is $95.00 and its 200-day simple moving average is $93.31. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. AerCap Holdings has a 1-year low of $66.06 and a 1-year high of $99.68. The firm has a market cap of $18.87 billion, a P/E ratio of 7.56, a PEG ratio of 2.20 and a beta of 1.83.

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

AerCap Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.05%. AerCap’s dividend payout ratio is presently 7.92%.

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.