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

Beverly Hills Private Wealth LLC raised its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 24.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. purchased a new position in Aercap during the fourth quarter valued at $27,000. Mather Group LLC. raised its stake 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 last quarter. Pinpoint Asset Management Ltd purchased a new position in Aercap during the fourth quarter valued at $35,000. Blue Trust Inc. raised its stake in Aercap by 42.2% during the first quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock valued at $135,000 after buying an additional 391 shares during the last quarter. Finally, Bessemer Group Inc. raised its stake in Aercap by 473.2% during the first quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock valued at $150,000 after buying an additional 1,216 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

Aercap Stock Performance

Shares of AER traded up $0.75 during trading hours on Thursday, hitting $114.80. The stock had a trading volume of 1,435,543 shares, compared to its average volume of 1,353,382. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.21 and a quick ratio of 0.21. Aercap Holdings N.V. has a 12 month low of $82.21 and a 12 month high of $118.07. The firm has a market capitalization of $21.44 billion, a PE ratio of 10.19, a PEG ratio of 2.35 and a beta of 1.38. The stock has a fifty day moving average price of $113.78 and a 200 day moving average price of $103.55.

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

Aercap Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.