DekaBank Deutsche Girozentrale Reduces Stock Holdings in Aercap Holdings N.V. (NYSE:AER)

DekaBank Deutsche Girozentrale decreased its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 2.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 104,208 shares of the financial services provider's stock after selling 2,909 shares during the period. DekaBank Deutsche Girozentrale owned about 0.06% of Aercap worth $10,559,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Steward Partners Investment Advisory LLC raised its stake in shares of Aercap by 393.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,253 shares of the financial services provider's stock valued at $216,000 after buying an additional 1,796 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Aercap by 1.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 234,487 shares of the financial services provider's stock valued at $22,440,000 after purchasing an additional 3,542 shares during the period. Victory Capital Management Inc. raised its stake in shares of Aercap by 6.9% during the 4th quarter. Victory Capital Management Inc. now owns 140,415 shares of the financial services provider's stock valued at $13,438,000 after purchasing an additional 9,091 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Aercap during the 4th quarter valued at $3,284,000. Finally, Moors & Cabot Inc. raised its stake in shares of Aercap by 77.5% during the 4th quarter. Moors & Cabot Inc. now owns 8,199 shares of the financial services provider's stock valued at $785,000 after purchasing an additional 3,580 shares during the period. Hedge funds and other institutional investors own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

AER has been the topic of a number of analyst reports. Barclays boosted their price objective on Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research note on Thursday. Susquehanna boosted their target price on Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research report on Tuesday, May 13th. JPMorgan Chase & Co. boosted their target price on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Morgan Stanley boosted their target price on Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $121.25.

Aercap Price Performance

Shares of Aercap stock traded down $0.37 during trading on Friday, hitting $114.38. 837,914 shares of the stock traded hands, compared to its average volume of 1,351,789. The stock has a market cap of $21.36 billion, a price-to-earnings ratio of 10.15, a PEG ratio of 2.34 and a beta of 1.38. Aercap Holdings N.V. has a 52 week low of $82.21 and a 52 week high of $118.07. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 2.69. The firm's fifty day moving average is $114.12 and its 200-day moving average is $103.81.

Aercap (NYSE:AER - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, beating analysts' consensus estimates of $2.69 by $0.99. The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. Aercap had a return on equity of 13.84% and a net margin of 26.53%. The business's quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.29 earnings per share. Research analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 14th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date was Wednesday, May 14th. Aercap's payout ratio is 9.58%.

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.