AerCap Holdings (NYSE:AER) Shares Purchased by DGS Capital Management LLC

DGS Capital Management LLC raised its holdings in AerCap Holdings (NYSE:AER) by 39.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,252 shares of the financial services provider’s stock after purchasing an additional 3,159 shares during the period. DGS Capital Management LLC’s holdings in AerCap were worth $1,066,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. raised its holdings in AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 134 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of AerCap in the 3rd quarter worth about $35,000. UMB Bank n.a. raised its stake in shares of AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 174 shares in the last quarter. Transamerica Financial Advisors Inc. bought a new position in shares of AerCap during the third quarter worth about $64,000. Finally, Quantbot Technologies LP acquired a new position in AerCap in the third quarter worth about $66,000. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Stock Performance

Shares of NYSE:AER traded down $0.05 during trading hours on Friday, hitting $94.95. The stock had a trading volume of 207,572 shares, compared to its average volume of 1,399,533. AerCap Holdings has a 1-year low of $70.48 and a 1-year high of $100.81. The firm has a market capitalization of $18.79 billion, a price-to-earnings ratio of 7.53, a PEG ratio of 2.17 and a beta of 1.82. The stock’s fifty day simple moving average is $96.36 and its 200 day simple moving average is $94.37. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67.

AerCap (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, hitting the consensus estimate of $2.41. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.92 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 earnings per share. Sell-side analysts anticipate that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. AerCap’s dividend payout ratio is presently 7.92%.

Analyst Upgrades and Downgrades

AER has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group reiterated a “buy” rating and set a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, AerCap currently has an average rating of “Moderate Buy” and a consensus price target of $112.00.

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.