155,804 Shares in Aercap Holdings N.V. $AER Acquired by SEB Asset Management AB

SEB Asset Management AB bought a new position in shares of Aercap Holdings N.V. (NYSE:AERFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 155,804 shares of the financial services provider’s stock, valued at approximately $21,373,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AER. Integrated Wealth Concepts LLC increased its position in shares of Aercap by 19.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,649 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 423 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Aercap by 282.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,659 shares of the financial services provider’s stock valued at $680,000 after buying an additional 4,919 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after buying an additional 94 shares during the period. Invesco Ltd. boosted its stake in Aercap by 43.3% during the second quarter. Invesco Ltd. now owns 459,459 shares of the financial services provider’s stock worth $53,757,000 after buying an additional 138,843 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Aercap by 59.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,143 shares of the financial services provider’s stock valued at $134,000 after acquiring an additional 425 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. TD Cowen boosted their price target on shares of Aercap from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday. Zacks Research cut shares of Aercap from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 1st. Barclays lifted their target price on shares of Aercap from $164.00 to $179.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Weiss Ratings raised Aercap from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Wednesday, July 8th. Finally, Morgan Stanley decreased their price target on Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $168.12.

Check Out Our Latest Report on AER

Aercap Stock Performance

Shares of Aercap stock opened at $146.94 on Monday. Aercap Holdings N.V. has a one year low of $105.65 and a one year high of $155.99. The company has a market cap of $24.52 billion, a PE ratio of 6.44, a P/E/G ratio of 1.02 and a beta of 0.94. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.24. The business has a 50-day simple moving average of $143.08 and a 200-day simple moving average of $143.14.

Aercap (NYSE:AERGet Free Report) last issued its earnings results on Tuesday, March 31st. The financial services provider reported $5.39 earnings per share for the quarter. Aercap had a net margin of 45.22% and a return on equity of 16.01%. The firm had revenue of $2.30 billion for the quarter. On average, equities research analysts forecast that Aercap Holdings N.V. will post 17.39 EPS for the current fiscal year.

Aercap Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 13th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, May 13th. Aercap’s payout ratio is 7.01%.

Aercap declared that its board has approved a stock repurchase plan on Wednesday, April 29th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to buy up to 4.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Aercap Company Profile

(Free Report)

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.

Further Reading

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Institutional Ownership by Quarter for Aercap (NYSE:AER)

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