Qsemble Capital Management LP Makes New Investment in AerCap Holdings (NYSE:AER)

Qsemble Capital Management LP bought a new position in AerCap Holdings (NYSE:AER) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 47,439 shares of the financial services provider’s stock, valued at approximately $4,493,000. AerCap makes up 0.8% of Qsemble Capital Management LP’s holdings, making the stock its 25th largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Donald Smith & CO. Inc. boosted its position in shares of AerCap by 0.7% during the 3rd quarter. Donald Smith & CO. Inc. now owns 3,525,307 shares of the financial services provider’s stock valued at $333,917,000 after acquiring an additional 23,994 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of AerCap by 12.6% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,860,757 shares of the financial services provider’s stock worth $173,423,000 after buying an additional 208,407 shares during the last quarter. 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 valued at $99,579,000 after buying an additional 279,561 shares in the last quarter. Check Capital Management Inc. CA lifted its holdings in shares of AerCap by 0.4% in the 3rd quarter. Check Capital Management Inc. CA now owns 874,612 shares of the financial services provider’s stock valued at $82,843,000 after acquiring an additional 3,360 shares during the last quarter. Finally, Sei Investments Co. increased its stake in AerCap by 9.8% during the second quarter. Sei Investments Co. now owns 799,416 shares of the financial services provider’s stock worth $74,506,000 after acquiring an additional 71,322 shares during the last quarter. 96.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

AerCap Stock Up 0.5 %

NYSE AER traded up $0.48 during trading on Monday, reaching $98.51. 151,558 shares of the company’s stock traded hands, compared to its average volume of 1,427,629. The company’s 50 day simple moving average is $95.62 and its two-hundred day simple moving average is $93.80. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market cap of $19.50 billion, a price-to-earnings ratio of 7.77, a price-to-earnings-growth ratio of 2.21 and a beta of 1.83. 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, hitting 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 during the quarter, compared to analyst estimates of $1.92 billion. During the same period in the previous year, the company posted $2.81 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. As a group, sell-side analysts forecast that AerCap Holdings will post 11.26 EPS for the current fiscal year.

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be paid a $0.25 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.02%. AerCap’s dividend payout ratio (DPR) is 7.92%.

AerCap 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.