AerCap Holdings (NYSE:AER) Stock Holdings Increased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale lifted its stake in AerCap Holdings (NYSE:AER) by 12.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 116,937 shares of the financial services provider’s stock after purchasing an additional 12,729 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.06% of AerCap worth $10,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Beverly Hills Private Wealth LLC lifted its position in shares of AerCap by 50.7% in the second quarter. Beverly Hills Private Wealth LLC now owns 11,269 shares of the financial services provider’s stock worth $1,050,000 after purchasing an additional 3,791 shares in the last quarter. NINE MASTS CAPITAL Ltd purchased a new stake in shares of AerCap in the second quarter worth approximately $1,959,000. Forsta AP Fonden raised its position in AerCap by 39.4% during the second quarter. Forsta AP Fonden now owns 28,300 shares of the financial services provider’s stock valued at $2,638,000 after acquiring an additional 8,000 shares in the last quarter. AGF Management Ltd. raised its position in AerCap by 35.4% during the second quarter. AGF Management Ltd. now owns 1,068,447 shares of the financial services provider’s stock valued at $99,579,000 after acquiring an additional 279,561 shares in the last quarter. Finally, Headlands Technologies LLC raised its position in AerCap by 49.1% during the second quarter. Headlands Technologies LLC now owns 3,174 shares of the financial services provider’s stock valued at $296,000 after acquiring an additional 1,045 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AER shares. Morgan Stanley started coverage on shares of AerCap in a research report on Friday, June 7th. They set an “equal weight” rating and a $103.00 price objective on the stock. TD Cowen reaffirmed a “buy” rating and set a $125.00 price objective on shares of AerCap in a research report on Monday, July 29th. Susquehanna raised their price objective on shares of AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research report on Friday, August 2nd. Finally, Barclays lifted their price target on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, AerCap currently has a consensus rating of “Moderate Buy” and an average target price of $102.38.

AerCap Trading Up 0.1 %

Shares of AerCap stock opened at $93.93 on Tuesday. The company’s fifty day simple moving average is $93.41 and its 200-day simple moving average is $89.94. The company has a market cap of $18.59 billion, a price-to-earnings ratio of 6.11, a PEG ratio of 2.06 and a beta of 1.83. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.69. AerCap Holdings has a 1 year low of $57.30 and a 1 year high of $98.79.

AerCap (NYSE:AER) last announced its quarterly earnings data on Thursday, August 1st. The financial services provider reported $3.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.60. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.89 billion. AerCap had a net margin of 42.02% and a return on equity of 15.12%. AerCap’s quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the company posted $2.56 earnings per share. As a group, sell-side analysts expect that AerCap Holdings will post 11.33 EPS for the current year.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. AerCap’s payout ratio is 6.51%.

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.