Pacific Capital Partners Ltd Grows Holdings in Aercap Holdings N.V. $AER

by · The Cerbat Gem

Pacific Capital Partners Ltd increased its position in shares of Aercap Holdings N.V. (NYSE:AER – Free Report) by 58.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,750 shares of the financial services provider’s stock after purchasing an additional 7,250 shares during the period. Aercap accounts for 2.7% of Pacific Capital Partners Ltd’s portfolio, making the stock its 17th largest holding. Pacific Capital Partners Ltd’s holdings in Aercap were worth $2,390,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Mather Group LLC. bought a new stake in Aercap during the third quarter valued at about $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Aercap during the second quarter worth about $43,000. Geneos Wealth Management Inc. raised its stake in Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 94 shares during the period. Whittier Trust Co. bought a new stake in Aercap during the 2nd quarter valued at approximately $53,000. Finally, Toth Financial Advisory Corp lifted its holdings in Aercap by 66.7% in the 3rd quarter. Toth Financial Advisory Corp now owns 500 shares of the financial services provider’s stock worth $60,000 after purchasing an additional 200 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Wall Street Analysts Forecast Growth

AER has been the topic of several research analyst reports. Truist Financial assumed coverage on shares of Aercap in a report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 target price on the stock. TD Cowen lifted their price target on shares of Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Bank of America boosted their price target on shares of Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, October 8th. Finally, Barclays lifted their target price on Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $148.86.

Read Our Latest Stock Report on Aercap

Aercap Stock Up 0.4%

Shares of NYSE AER opened at $144.34 on Wednesday. Aercap Holdings N.V. has a 1 year low of $85.57 and a 1 year high of $149.24. The firm has a 50-day simple moving average of $139.42 and a two-hundred day simple moving average of $126.00. The company has a market cap of $26.96 billion, a P/E ratio of 6.84, a PEG ratio of 0.74 and a beta of 1.08. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.30 and a quick ratio of 0.30.

Aercap (NYSE:AER – Get Free Report) last released its earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $1.81. Aercap had a return on equity of 15.16% and a net margin of 45.41%.The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the prior year, the firm posted $2.41 earnings per share. The company’s quarterly revenue was up 18.5% on a year-over-year basis. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Research analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, November 12th. Aercap’s dividend payout ratio (DPR) is 5.12%.

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.

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