Dupree Financial Group LLC Buys 121 Shares of AerCap Holdings (NYSE:AER)

Dupree Financial Group LLC increased its stake in shares of AerCap Holdings (NYSE:AER) by 0.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,395 shares of the financial services provider’s stock after purchasing an additional 121 shares during the period. Dupree Financial Group LLC’s holdings in AerCap were worth $2,690,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. American International Group Inc. increased its stake in shares of AerCap by 10.0% in the 4th quarter. American International Group Inc. now owns 36,013 shares of the financial services provider’s stock valued at $2,676,000 after acquiring an additional 3,282 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in AerCap in the first quarter valued at approximately $182,000. Park Avenue Securities LLC raised its holdings in AerCap by 3.8% in the first quarter. Park Avenue Securities LLC now owns 12,183 shares of the financial services provider’s stock worth $1,059,000 after purchasing an additional 447 shares during the period. Atlas Capital Advisors LLC boosted its position in shares of AerCap by 360.1% during the first quarter. Atlas Capital Advisors LLC now owns 7,472 shares of the financial services provider’s stock worth $649,000 after purchasing an additional 5,848 shares in the last quarter. Finally, DGS Capital Management LLC boosted its position in shares of AerCap by 4.8% during the first quarter. DGS Capital Management LLC now owns 7,585 shares of the financial services provider’s stock worth $659,000 after purchasing an additional 349 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

AerCap Stock Performance

AER opened at $96.26 on Wednesday. The business’s 50-day simple moving average is $94.67 and its 200 day simple moving average is $92.11. AerCap Holdings has a 52-week low of $57.84 and a 52-week high of $99.30. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.29 and a current ratio of 0.29. The firm has a market capitalization of $19.05 billion, a PE ratio of 6.26, a PEG ratio of 2.13 and a beta of 1.83.

AerCap (NYSE:AER) last released its quarterly earnings data on Thursday, August 1st. The financial services provider reported $3.01 EPS for the quarter, beating the consensus estimate of $2.41 by $0.60. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.89 billion. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.56 EPS. As a group, sell-side analysts expect that AerCap Holdings will post 11.33 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Wednesday, August 14th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Wednesday, August 14th. AerCap’s payout ratio is currently 6.51%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AER shares. TD Cowen reaffirmed a “buy” rating and set a $125.00 price objective on shares of AerCap in a research note on Monday, July 29th. Barclays raised their price target on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Susquehanna increased their target price on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research note on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $106.43.

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.