Aercap Holdings N.V. (NYSE:AER) Shares Purchased by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC boosted its stake in Aercap Holdings N.V. (NYSE:AER - Free Report) by 24.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 23,203 shares of the financial services provider's stock after purchasing an additional 4,563 shares during the period. Beverly Hills Private Wealth LLC's holdings in Aercap were worth $2,371,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in AER. Ameriflex Group Inc. acquired a new stake in Aercap in the 4th quarter valued at approximately $27,000. Mather Group LLC. increased its holdings in Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. Pinpoint Asset Management Ltd acquired a new stake in Aercap in the 4th quarter valued at approximately $35,000. Blue Trust Inc. increased its holdings in Aercap by 42.2% in the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock valued at $135,000 after purchasing an additional 391 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in Aercap by 473.2% in the 1st quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock valued at $150,000 after purchasing an additional 1,216 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Stock Down 1.0%

Shares of NYSE:AER traded down $1.18 during trading on Wednesday, hitting $113.96. The company's stock had a trading volume of 1,038,539 shares, compared to its average volume of 1,353,054. The business has a 50 day moving average price of $113.78 and a two-hundred day moving average price of $103.55. The company has a market capitalization of $21.29 billion, a PE ratio of 10.11, a P/E/G ratio of 2.35 and a beta of 1.38. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.21 and a current ratio of 0.21. Aercap Holdings N.V. has a fifty-two week low of $82.21 and a fifty-two week high of $118.07.

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

Aercap Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors 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 dividend on an annualized basis and a dividend yield of 0.95%. Aercap's payout ratio is currently 9.58%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Morgan Stanley lifted their target price on shares of Aercap from $101.00 to $111.00 and gave the company an "equal weight" rating in a report on Thursday, May 1st. JPMorgan Chase & Co. boosted their price target on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Susquehanna boosted their price target on shares of Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research note on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $119.25.

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.