Benjamin F. Edwards & Company Inc. Takes $238,000 Position in AerCap Holdings (NYSE:AER)

Benjamin F. Edwards & Company Inc. purchased a new position in AerCap Holdings (NYSE:AER) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,198 shares of the financial services provider’s stock, valued at approximately $238,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Optiver Holding B.V. bought a new position in shares of AerCap during the 3rd quarter valued at approximately $32,000. Allworth Financial LP grew its holdings in AerCap by 2,460.0% during the third quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 738 shares during the period. Acadian Asset Management LLC purchased a new stake in AerCap in the third quarter worth $63,000. Bourgeon Capital Management LLC raised its stake in shares of AerCap by 20,000.0% in the fourth quarter. Bourgeon Capital Management LLC now owns 1,005 shares of the financial services provider’s stock valued at $75,000 after buying an additional 1,000 shares during the period. Finally, FNY Investment Advisers LLC purchased a new position in shares of AerCap during the 4th quarter valued at $170,000. Institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. BMO Capital Markets lowered their price objective on AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research note on Monday, February 26th. Barclays boosted their price target on shares of AerCap from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday, May 2nd. TD Cowen raised their price objective on shares of AerCap from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday. Susquehanna boosted their target price on shares of AerCap from $90.00 to $100.00 and gave the company a “positive” rating in a report on Thursday, May 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on AerCap from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $94.38.

AerCap Price Performance

NYSE:AER opened at $91.83 on Friday. AerCap Holdings has a 52-week low of $54.56 and a 52-week high of $91.96. The stock has a fifty day moving average of $84.96 and a 200 day moving average of $76.39. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.26 and a current ratio of 0.26. The firm has a market capitalization of $18.18 billion, a price-to-earnings ratio of 5.97, a P/E/G ratio of 2.99 and a beta of 1.84.

AerCap (NYSE:AER) last issued its quarterly earnings results on Wednesday, May 8th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.98. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. AerCap had a return on equity of 15.29% and a net margin of 42.78%. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the company posted $2.34 EPS. On average, research analysts expect that AerCap Holdings will post 9.2 EPS for the current fiscal year.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Wednesday, May 22nd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Tuesday, May 21st. AerCap’s dividend payout ratio (DPR) is currently 6.51%.

About AerCap

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.