AerCap Holdings (NYSE:AER) Shares Acquired by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in AerCap Holdings (NYSE:AER) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 170,166 shares of the financial services provider’s stock after acquiring an additional 2,921 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.09% of AerCap worth $16,118,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AER. Blue Trust Inc. increased its position 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 purchasing an additional 134 shares during the last quarter. Mather Group LLC. grew its stake in shares of AerCap by 230.1% during the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 214 shares in the last quarter. UMB Bank n.a. increased its holdings in AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after buying an additional 174 shares during the last quarter. First Horizon Advisors Inc. raised its stake in AerCap by 15.3% in the third quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock valued at $77,000 after buying an additional 108 shares in the last quarter. Finally, Federated Hermes Inc. lifted its holdings in AerCap by 209.1% during the 2nd quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock worth $146,000 after buying an additional 1,060 shares during the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

AerCap Trading Up 0.3 %

Shares of AerCap stock opened at $98.03 on Friday. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market capitalization of $19.40 billion, a P/E ratio of 7.77, a PEG ratio of 2.20 and a beta of 1.83. AerCap Holdings has a 1 year low of $66.34 and a 1 year high of $99.68. The company’s fifty day moving average is $95.62 and its two-hundred day moving average is $93.73.

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

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a yield of 1.02%. AerCap’s payout ratio is currently 7.92%.

Analyst Ratings Changes

Several brokerages have recently weighed in on AER. Susquehanna raised their target price on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research report on Friday, August 2nd. The Goldman Sachs Group reissued a “buy” rating and set a $119.00 price objective on shares of AerCap in a report on Thursday. Deutsche Bank Aktiengesellschaft upped their target price on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. TD Cowen reiterated a “buy” rating and set a $125.00 price target on shares of AerCap in a research note on Monday, July 29th. Finally, Barclays upped their price objective on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $112.00.

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.