Toth Financial Advisory Corp Takes $29,000 Position in AerCap Holdings (NYSE:AER)

Toth Financial Advisory Corp bought a new position in shares of AerCap Holdings (NYSE:AER) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 300 shares of the financial services provider’s stock, valued at approximately $29,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Truvestments Capital LLC bought a new position in shares of AerCap during the third quarter valued at $35,000. Fortitude Family Office LLC acquired a new stake in AerCap in the fourth quarter valued at $38,000. UMB Bank n.a. raised its position in AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 174 shares during the last quarter. Transamerica Financial Advisors Inc. acquired a new position in AerCap during the 3rd quarter worth about $64,000. Finally, Quantbot Technologies LP bought a new stake in shares of AerCap in the 3rd quarter valued at about $66,000. 96.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AER shares. Deutsche Bank Aktiengesellschaft raised their price objective on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, AerCap presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

AerCap Price Performance

AerCap stock opened at $95.05 on Friday. The stock has a market capitalization of $18.81 billion, a price-to-earnings ratio of 7.53, a PEG ratio of 2.07 and a beta of 1.82. AerCap Holdings has a 52-week low of $75.83 and a 52-week high of $100.81. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The stock’s 50 day moving average price is $96.09 and its two-hundred day moving average price is $95.02.

AerCap (NYSE:AER) last issued its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.92 billion. During the same period in the prior year, the firm earned $2.81 earnings per share. AerCap’s revenue was up 3.0% on a year-over-year basis. On average, equities analysts predict that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend was Wednesday, November 13th. AerCap’s payout ratio is 7.92%.

AerCap Company 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.