AerCap Holdings (NYSE:AER) Shares Sold by Factorial Partners LLC

Factorial Partners LLC lowered its stake in AerCap Holdings (NYSE:AER) by 28.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,500 shares of the financial services provider’s stock after selling 7,000 shares during the period. Factorial Partners LLC’s holdings in AerCap were worth $1,658,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. O Shaughnessy Asset Management LLC purchased a new stake in AerCap during the 1st quarter valued at about $714,000. Seven Eight Capital LP increased its holdings in AerCap by 9.7% in the 1st quarter. Seven Eight Capital LP now owns 8,800 shares of the financial services provider’s stock worth $765,000 after buying an additional 778 shares during the period. Lake Street Advisors Group LLC purchased a new position in AerCap during the 1st quarter worth approximately $397,000. Canada Pension Plan Investment Board lifted its stake in AerCap by 51.7% during the 1st quarter. Canada Pension Plan Investment Board now owns 281,013 shares of the financial services provider’s stock valued at $24,423,000 after acquiring an additional 95,823 shares during the period. Finally, Quadrature Capital Ltd boosted its holdings in shares of AerCap by 38.4% in the 1st quarter. Quadrature Capital Ltd now owns 27,654 shares of the financial services provider’s stock valued at $2,401,000 after acquiring an additional 7,676 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Price Performance

AerCap stock opened at $95.73 on Wednesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The stock has a market cap of $18.95 billion, a P/E ratio of 7.59, a PEG ratio of 2.15 and a beta of 1.83. The company has a 50-day moving average price of $95.37 and a 200 day moving average price of $93.62. AerCap Holdings has a 12-month low of $66.34 and a 12-month high of $99.68.

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

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Wednesday, November 13th. AerCap’s dividend payout ratio is presently 7.92%.

Analyst Ratings Changes

Several analysts recently commented on AER shares. Deutsche Bank Aktiengesellschaft raised their target price on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Barclays increased their price target on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Susquehanna lifted their price objective on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. Finally, TD Cowen restated a “buy” rating and issued a $125.00 target price on shares of AerCap in a research report on Monday, July 29th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average 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.