DekaBank Deutsche Girozentrale Sells 9,820 Shares of AerCap Holdings (NYSE:AER)

DekaBank Deutsche Girozentrale lessened its position in AerCap Holdings (NYSE:AER - Free Report) by 8.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,117 shares of the financial services provider's stock after selling 9,820 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.05% of AerCap worth $10,086,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. raised its position in AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider's stock worth $25,000 after acquiring an additional 134 shares in the last quarter. Mather Group LLC. lifted its stake in AerCap by 230.1% during the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 214 shares during the last quarter. UMB Bank n.a. boosted its holdings in AerCap by 35.5% during the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock worth $63,000 after buying an additional 174 shares in the last quarter. Federated Hermes Inc. grew its position in AerCap by 209.1% in the second quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider's stock worth $146,000 after buying an additional 1,060 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd increased its holdings in shares of AerCap by 33.3% in the second quarter. Gordian Capital Singapore Pte Ltd now owns 2,000 shares of the financial services provider's stock valued at $186,000 after buying an additional 500 shares in the last quarter. Institutional investors own 96.42% of the company's stock.

AerCap Stock Performance

Shares of AER traded down $0.34 on Thursday, reaching $93.55. 2,018,171 shares of the stock traded hands, compared to its average volume of 1,454,783. The firm has a market cap of $18.52 billion, a price-to-earnings ratio of 6.08, a P/E/G ratio of 2.13 and a beta of 1.83. AerCap Holdings has a 12 month low of $60.52 and a 12 month high of $99.30. The stock's 50-day moving average price is $94.83 and its 200-day moving average price is $92.49. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.29 and a quick ratio of 0.29.

AerCap (NYSE:AER - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.41. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. AerCap had a net margin of 42.02% and a return on equity of 15.12%. 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 business posted $2.81 earnings per share. Equities analysts forecast that AerCap Holdings will post 11.33 EPS for the current fiscal year.

AerCap Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.07%. AerCap's dividend payout ratio is 6.51%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AER. Deutsche Bank Aktiengesellschaft boosted their target price on AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. TD Cowen restated a "buy" rating and issued a $125.00 target price on shares of AerCap in a report on Monday, July 29th. Barclays raised their price target on shares of AerCap from $111.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, August 2nd. Finally, Susquehanna increased their target price on shares of AerCap from $100.00 to $108.00 and gave the stock a "positive" rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, AerCap presently has an average rating of "Moderate Buy" and a consensus price target of $106.43.

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.