Transform Wealth LLC Purchases 14,619 Shares of AerCap Holdings (NYSE:AER)

Transform Wealth LLC increased its holdings in AerCap Holdings (NYSE:AER) by 13.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,208 shares of the financial services provider’s stock after purchasing an additional 14,619 shares during the quarter. Transform Wealth LLC owned approximately 0.06% of AerCap worth $12,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of AER. Truvestments Capital LLC purchased a new stake in AerCap in the 3rd quarter worth approximately $35,000. Fortitude Family Office LLC bought a new position in shares of AerCap during the fourth quarter valued at approximately $38,000. UMB Bank n.a. lifted its stake in AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after acquiring an additional 174 shares during the period. Transamerica Financial Advisors Inc. bought a new stake in AerCap in the third quarter valued at $64,000. Finally, Quantbot Technologies LP purchased a new position in AerCap during the 3rd quarter valued at $66,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

AER has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft lifted their target price on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group reiterated a “buy” rating and set a $119.00 target price on shares of AerCap in a report on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $112.00.

AerCap Trading Up 0.1 %

NYSE:AER opened at $95.93 on Tuesday. The firm has a market capitalization of $18.99 billion, a P/E ratio of 7.60, a PEG ratio of 2.09 and a beta of 1.82. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. AerCap Holdings has a one year low of $73.78 and a one year high of $100.81. The company’s 50-day simple moving average is $96.09 and its 200 day simple moving average is $94.98.

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

AerCap Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were given a $0.25 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.04%. AerCap’s dividend payout ratio (DPR) is presently 7.92%.

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.