DekaBank Deutsche Girozentrale Acquires 12,729 Shares of AerCap Holdings (NYSE:AER)

DekaBank Deutsche Girozentrale raised its holdings in AerCap Holdings (NYSE:AER) by 12.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 116,937 shares of the financial services provider’s stock after buying an additional 12,729 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in AerCap were worth $10,921,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in AerCap by 19.0% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 110,949 shares of the financial services provider’s stock valued at $9,643,000 after buying an additional 17,750 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in AerCap by 13.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 83,931 shares of the financial services provider’s stock valued at $62,000 after buying an additional 10,159 shares during the period. O Keefe Stevens Advisory Inc. bought a new stake in shares of AerCap in the 1st quarter worth about $2,890,000. KBC Group NV grew its holdings in shares of AerCap by 67.3% in the 4th quarter. KBC Group NV now owns 114,252 shares of the financial services provider’s stock worth $8,491,000 after purchasing an additional 45,950 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of AerCap by 26.9% in the 4th quarter. Sei Investments Co. now owns 680,292 shares of the financial services provider’s stock worth $50,559,000 after purchasing an additional 144,244 shares during the last quarter. Institutional investors own 96.42% of the company’s stock.

AerCap Stock Up 0.1 %

Shares of NYSE AER opened at $93.93 on Tuesday. The firm’s 50-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 price-to-earnings-growth ratio of 2.06 and a beta of 1.83. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 2.69. AerCap Holdings has a 12-month low of $57.30 and a 12-month high of $98.79.

AerCap (NYSE:AER) last issued its quarterly earnings results 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%. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.56 EPS. On average, research analysts expect that AerCap Holdings will post 11.33 earnings per share for the current fiscal year.

AerCap Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Wednesday, August 14th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.00 dividend on an annualized basis and a yield of 1.06%. AerCap’s payout ratio is presently 6.51%.

Analyst Ratings Changes

AER has been the topic of several analyst reports. Barclays upped their target price on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Susquehanna upped their target price on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. TD Cowen reaffirmed a “buy” rating and issued a $125.00 target price on shares of AerCap in a report on Monday, July 29th. Finally, Morgan Stanley initiated coverage on shares of AerCap in a report on Friday, June 7th. They issued an “equal weight” rating and a $103.00 target price on the stock. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, AerCap currently has an average rating of “Moderate Buy” and a consensus price target of $102.38.

About AerCap

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.