AerCap Holdings (NYSE:AER) Stock Position Raised by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC raised its position in shares of AerCap Holdings (NYSE:AER) by 13.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,136 shares of the financial services provider’s stock after purchasing an additional 378 shares during the period. Counterpoint Mutual Funds LLC’s holdings in AerCap were worth $300,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Toth Financial Advisory Corp bought a new position in shares of AerCap in the 4th quarter valued at approximately $29,000. Truvestments Capital LLC bought a new position in shares of AerCap in the 3rd quarter valued at approximately $35,000. Fortitude Family Office LLC bought a new position in shares of AerCap in the 4th quarter valued at approximately $38,000. Transamerica Financial Advisors Inc. bought a new position in shares of AerCap in the 3rd quarter valued at approximately $64,000. Finally, Quantbot Technologies LP bought a new position in shares of AerCap in the 3rd quarter valued at approximately $66,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Price Performance

Shares of AER stock opened at $103.00 on Wednesday. The stock’s fifty day simple moving average is $98.40 and its 200 day simple moving average is $96.53. 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 $19.24 billion, a price-to-earnings ratio of 8.16, a P/E/G ratio of 2.22 and a beta of 1.83. AerCap Holdings has a one year low of $81.93 and a one year high of $107.36.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, beating the consensus estimate of $2.56 by $0.75. The business had revenue of $2.07 billion for the quarter, compared to analyst estimates of $1.97 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. On average, analysts expect that AerCap Holdings will post 11.29 earnings per share for the current fiscal year.

AerCap Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be paid a $0.27 dividend. The ex-dividend date is Wednesday, March 12th. This represents a $1.08 dividend on an annualized basis and a yield of 1.05%. This is a positive change from AerCap’s previous quarterly dividend of $0.25. AerCap’s payout ratio is currently 9.99%.

AerCap declared that its board has approved a share repurchase program on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to buy up to 4.9% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. UBS Group lowered AerCap to an “underperform” rating in a report on Friday, March 7th. Susquehanna raised their target price on AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a report on Thursday, February 27th. Bank of America lifted their price objective on AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, March 7th. Finally, Barclays reissued an “overweight” rating and set a $115.00 price objective (up previously from $113.00) on shares of AerCap in a report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $117.43.

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.