Beverly Hills Private Wealth LLC Raises Stock Position in Aercap Holdings N.V. (NYSE:AER)

Beverly Hills Private Wealth LLC boosted its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 24.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,203 shares of the financial services provider's stock after buying an additional 4,563 shares during the quarter. Beverly Hills Private Wealth LLC's holdings in Aercap were worth $2,371,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AER. Ameriflex Group Inc. purchased a new position in Aercap during the fourth quarter valued at approximately $27,000. Mather Group LLC. increased its holdings in Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after buying an additional 214 shares during the period. Pinpoint Asset Management Ltd purchased a new position in Aercap during the fourth quarter valued at approximately $35,000. Blue Trust Inc. boosted its stake in Aercap by 42.2% in the first quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock valued at $135,000 after acquiring an additional 391 shares in the last quarter. Finally, Bessemer Group Inc. boosted its stake in Aercap by 473.2% in the first quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock valued at $150,000 after acquiring an additional 1,216 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Aercap Stock Performance

Shares of NYSE:AER traded up $0.48 on Monday, hitting $116.37. 1,380,803 shares of the company were exchanged, compared to its average volume of 1,353,124. Aercap Holdings N.V. has a 1-year low of $82.21 and a 1-year high of $118.07. The stock's 50 day moving average price is $113.18 and its 200 day moving average price is $103.24. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 2.69. The firm has a market capitalization of $21.74 billion, a P/E ratio of 10.33, a price-to-earnings-growth ratio of 2.36 and a beta of 1.38.

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

Aercap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $1.08 annualized dividend and a dividend yield of 0.93%. Aercap's payout ratio is currently 9.58%.

Analysts Set New Price Targets

AER has been the subject of several recent analyst reports. Morgan Stanley raised their target price on shares of Aercap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. JPMorgan Chase & Co. raised their target price on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Finally, Susquehanna raised their target price on shares of Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a research note on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Aercap presently has a consensus rating of "Moderate Buy" and a consensus target price of $119.25.

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.