DGS Capital Management LLC Purchases 349 Shares of AerCap Holdings (NYSE:AER)

DGS Capital Management LLC lifted its position in AerCap Holdings (NYSE:AER) by 4.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,585 shares of the financial services provider’s stock after acquiring an additional 349 shares during the quarter. DGS Capital Management LLC’s holdings in AerCap were worth $659,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AER. Trust Co. of Vermont bought a new stake in AerCap during the 4th quarter valued at about $27,000. Assetmark Inc. bought a new stake in AerCap during the 4th quarter valued at about $42,000. CVA Family Office LLC bought a new stake in AerCap during the 1st quarter valued at about $52,000. Bourgeon Capital Management LLC lifted its holdings in AerCap by 20,000.0% during the 4th quarter. Bourgeon Capital Management LLC now owns 1,005 shares of the financial services provider’s stock valued at $75,000 after buying an additional 1,000 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in AerCap during the 3rd quarter valued at about $63,000. Institutional investors own 96.42% of the company’s stock.

AerCap Price Performance

AerCap stock opened at $93.90 on Friday. AerCap Holdings has a 52-week low of $57.30 and a 52-week high of $96.95. The firm has a market capitalization of $18.59 billion, a price-to-earnings ratio of 6.11, a PEG ratio of 2.32 and a beta of 1.85. The company has a fifty day simple moving average of $90.26 and a 200-day simple moving average of $82.74. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 2.70.

AerCap (NYSE:AER) last announced its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.98. AerCap had a net margin of 42.78% and a return on equity of 15.29%. The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the prior year, the firm posted $2.34 earnings per share. AerCap’s quarterly revenue was up 8.1% on a year-over-year basis. On average, equities analysts anticipate that AerCap Holdings will post 10.61 EPS for the current fiscal year.

AerCap Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Wednesday, May 22nd were given a $0.25 dividend. The ex-dividend date was Tuesday, May 21st. This represents a $1.00 dividend on an annualized basis and a yield of 1.06%. AerCap’s payout ratio is currently 6.51%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Morgan Stanley assumed coverage on shares of AerCap in a research report on Friday, June 7th. They set an “equal weight” rating and a $103.00 target price on the stock. TD Cowen lifted their target price on shares of AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, May 23rd. Susquehanna lifted their target price on shares of AerCap from $90.00 to $100.00 and gave the stock a “positive” rating in a research note on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of AerCap from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Finally, Barclays lifted their target price on shares of AerCap from $93.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, May 2nd. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, AerCap presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.56.

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.