Rakuten Investment Management Inc. Makes New $1.50 Million Investment in AerCap Holdings N.V. $AER

Rakuten Investment Management Inc. acquired a new stake in shares of AerCap Holdings N.V. (NYSE:AER) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,314 shares of the financial services provider’s stock, valued at approximately $1,497,000.

A number of other institutional investors also recently bought and sold shares of the company. Donald Smith & CO. Inc. purchased a new position in AerCap in the second quarter worth about $424,585,000. Ninety One UK Ltd grew its stake in shares of AerCap by 12.0% during the 3rd quarter. Ninety One UK Ltd now owns 2,275,507 shares of the financial services provider’s stock valued at $326,581,000 after purchasing an additional 243,488 shares during the period. KBC Group NV grew its stake in shares of AerCap by 1.2% during the 1st quarter. KBC Group NV now owns 982,037 shares of the financial services provider’s stock valued at $134,715,000 after purchasing an additional 11,916 shares during the period. Sei Investments Co. increased its position in shares of AerCap by 23.2% during the 1st quarter. Sei Investments Co. now owns 769,611 shares of the financial services provider’s stock valued at $105,575,000 after purchasing an additional 144,857 shares during the last quarter. Finally, Swiss National Bank increased its position in shares of AerCap by 20.4% during the 1st quarter. Swiss National Bank now owns 579,800 shares of the financial services provider’s stock valued at $79,537,000 after purchasing an additional 98,200 shares during 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 recent research reports. Zacks Research upgraded shares of AerCap from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 2nd. TD Cowen boosted their target price on shares of AerCap from $185.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, October 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $190.00 target price on shares of AerCap in a research report on Thursday, July 30th. Morgan Stanley upped their target price on shares of AerCap from $165.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, October 29th. Finally, Barclays increased their price target on shares of AerCap from $179.00 to $181.00 and gave the stock an “overweight” rating in a research report on Thursday, October 29th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, AerCap has a consensus rating of “Buy” and an average target price of $185.88.

AerCap Stock Performance

NYSE:AER opened at $169.31 on Friday. The stock has a 50-day simple moving average of $147.49 and a two-hundred day simple moving average of $145.16. AerCap Holdings N.V. has a 52-week low of $129.85 and a 52-week high of $170.58. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.41 and a current ratio of 0.41. The firm has a market capitalization of $28.25 billion, a PE ratio of 8.68, a P/E/G ratio of 0.57 and a beta of 0.99.

AerCap (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 28th. The financial services provider reported $6.56 EPS for the quarter, topping the consensus estimate of $4.56 by $2.00. AerCap had a return on equity of 18.26% and a net margin of 34.47%. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the company earned $4.97 earnings per share. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. Analysts forecast that AerCap Holdings N.V. will post 22.30 EPS for the current year.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Wednesday, November 11th will be paid a dividend of $0.40 per share. The ex-dividend date is Tuesday, November 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. AerCap’s payout ratio is 8.20%.

AerCap Profile

AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland, and listed on the New York Stock Exchange under the symbol AER. Through its subsidiaries, AerCap owns, manages and leases commercial aircraft, engines and helicopters to airlines and other aviation customers worldwide.

The company provides operating leases, finance leases, aircraft trading and asset management services. Its fleet portfolio includes aircraft from major manufacturers such as Airbus and Boeing, as well as engines and helicopters.