Dakota Wealth Management Purchases New Shares in Aercap Holdings N.V. (NYSE:AER)

Dakota Wealth Management bought a new position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 6,130 shares of the financial services provider's stock, valued at approximately $626,000.

Other large investors also recently modified their holdings of the company. Ameriflex Group Inc. acquired a new stake in Aercap during the fourth quarter worth approximately $27,000. Mather Group LLC. increased its holdings in shares of Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $31,000 after purchasing an additional 214 shares during the period. Pinpoint Asset Management Ltd bought a new position in shares of Aercap during the fourth quarter worth approximately $35,000. Blue Trust Inc. increased 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 during the last quarter. Finally, Bessemer Group Inc. increased 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 during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their target price on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Barclays upped their target price on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Susquehanna upped their price objective on shares of Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research report on Tuesday, May 13th. Finally, Morgan Stanley upped their price objective on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Aercap currently has an average rating of "Moderate Buy" and a consensus target price of $122.38.

Aercap Stock Down 1.5%

Shares of NYSE:AER traded down $1.67 during trading on Friday, reaching $112.13. The stock had a trading volume of 1,133,300 shares, compared to its average volume of 1,339,525. Aercap Holdings N.V. has a one year low of $82.21 and a one year high of $118.07. The company has a market capitalization of $20.94 billion, a P/E ratio of 9.95, a PEG ratio of 2.36 and a beta of 1.38. 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's 50-day simple moving average is $114.69 and its 200 day simple moving average is $104.45.

Aercap (NYSE:AER - Get Free Report) last released 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. Aercap had a net margin of 26.53% and a return on equity of 13.84%. The company had revenue of $2.08 billion during the quarter, compared to analysts' expectations of $2.01 billion. During the same period last year, the business earned $3.29 EPS. Aercap's revenue for the quarter was up 2.9% on a year-over-year basis. 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 business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 14th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend was Wednesday, May 14th. Aercap's payout ratio is presently 9.58%.

Aercap 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.