TD Private Client Wealth LLC Invests $78,000 in AerCap Holdings (NYSE:AER)

TD Private Client Wealth LLC acquired a new stake in AerCap Holdings (NYSE:AER) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 823 shares of the financial services provider’s stock, valued at approximately $78,000.

A number of other institutional investors have also made changes to their positions in AER. Blue Trust Inc. raised its stake in shares of AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 134 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of AerCap in the 3rd quarter valued at approximately $35,000. UMB Bank n.a. raised its stake in shares of AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after acquiring an additional 174 shares in the last quarter. Transamerica Financial Advisors Inc. bought a new position in shares of AerCap in the 3rd quarter valued at approximately $64,000. Finally, Quantbot Technologies LP bought a new position in shares of AerCap in the 3rd quarter valued at approximately $66,000. 96.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price objective on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, AerCap presently has an average rating of “Moderate Buy” and an average target price of $112.00.

AerCap Stock Performance

Shares of NYSE AER opened at $95.66 on Monday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The business’s 50 day moving average is $96.39 and its two-hundred day moving average is $94.43. The company has a market cap of $18.93 billion, a P/E ratio of 7.58, a P/E/G ratio of 2.17 and a beta of 1.82. AerCap Holdings has a 12 month low of $70.48 and a 12 month high of $100.81.

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

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. The ex-dividend date was Wednesday, November 13th. AerCap’s 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.