Cypress Capital Management LLC WY Sells 7,111 Shares of Aercap Holdings N.V. $AER

Cypress Capital Management LLC WY cut its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 51.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,816 shares of the financial services provider’s stock after selling 7,111 shares during the period. Cypress Capital Management LLC WY’s holdings in Aercap were worth $797,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AER. 59 North Capital Management LP lifted its holdings in Aercap by 40.6% during the first quarter. 59 North Capital Management LP now owns 5,209,534 shares of the financial services provider’s stock worth $532,258,000 after buying an additional 1,504,620 shares during the period. Dorsey Asset Management LLC purchased a new position in shares of Aercap in the 1st quarter valued at $116,325,000. Ninety One UK Ltd raised its position in shares of Aercap by 44.8% in the 2nd quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock worth $327,006,000 after acquiring an additional 864,348 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Aercap by 43.7% in the 1st quarter. JPMorgan Chase & Co. now owns 2,298,552 shares of the financial services provider’s stock worth $234,843,000 after acquiring an additional 699,520 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Aercap during the 1st quarter worth $54,951,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

Aercap Price Performance

Shares of AER stock opened at $132.91 on Friday. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $135.01. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44. The firm has a market capitalization of $24.83 billion, a price-to-earnings ratio of 6.30, a PEG ratio of 2.50 and a beta of 1.40. The stock’s 50-day simple moving average is $123.58 and its 200-day simple moving average is $116.69.

Aercap (NYSE:AER) last released its earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2 billion. Aercap had a net margin of 45.41% and a return on equity of 15.31%. Aercap’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same period last year, the business earned $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, equities analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Wednesday, November 12th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 12th. Aercap’s dividend payout ratio is presently 5.12%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on AER shares. Morgan Stanley lifted their target price on Aercap from $111.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, July 17th. TD Cowen increased their price target on shares of Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Zacks Research raised shares of Aercap from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Bank of America boosted their price objective on shares of Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Cowen reissued a “buy” rating on shares of Aercap in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Aercap presently has a consensus rating of “Moderate Buy” and a consensus price target of $133.00.

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.