Capital International Inc. CA Raises Stock Holdings in FTAI Aviation Ltd. $FTAI

Capital International Inc. CA raised its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 14.9% during the 3rd quarter, Holdings Channel reports. The firm owned 222,426 shares of the financial services provider’s stock after buying an additional 28,838 shares during the quarter. Capital International Inc. CA’s holdings in FTAI Aviation were worth $37,114,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of FTAI. Mather Group LLC. acquired a new stake in shares of FTAI Aviation during the third quarter worth about $28,000. Global Retirement Partners LLC increased its holdings in FTAI Aviation by 880.0% in the 3rd quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock worth $57,000 after buying an additional 308 shares during the period. Assetmark Inc. increased its holdings in FTAI Aviation by 15.8% in the 2nd quarter. Assetmark Inc. now owns 638 shares of the financial services provider’s stock worth $73,000 after buying an additional 87 shares during the period. GAMMA Investing LLC raised its position in FTAI Aviation by 22.7% during the 3rd quarter. GAMMA Investing LLC now owns 525 shares of the financial services provider’s stock worth $88,000 after buying an additional 97 shares during the last quarter. Finally, Rossby Financial LCC raised its position in FTAI Aviation by 13.6% during the 3rd quarter. Rossby Financial LCC now owns 543 shares of the financial services provider’s stock worth $94,000 after buying an additional 65 shares during the last quarter. 88.96% of the stock is owned by institutional investors and hedge funds.

FTAI Aviation Price Performance

NASDAQ:FTAI opened at $276.34 on Tuesday. The company has a debt-to-equity ratio of 10.32, a current ratio of 5.28 and a quick ratio of 2.30. The firm has a market cap of $28.34 billion, a price-to-earnings ratio of 59.81, a price-to-earnings-growth ratio of 1.05 and a beta of 1.50. The company has a 50 day moving average price of $268.71 and a 200-day moving average price of $203.42. FTAI Aviation Ltd. has a 1-year low of $81.45 and a 1-year high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last announced its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.14). The firm had revenue of $662.03 million for the quarter, compared to analysts’ expectations of $710.37 million. FTAI Aviation had a return on equity of 257.07% and a net margin of 19.98%.The business’s quarterly revenue was up 32.7% on a year-over-year basis. During the same period last year, the company posted $0.84 earnings per share. Equities research analysts forecast that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 13th will be given a $0.40 dividend. The ex-dividend date is Friday, March 13th. FTAI Aviation’s dividend payout ratio is 30.30%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $350.00 price objective on shares of FTAI Aviation in a report on Monday, February 9th. Citigroup reissued an “outperform” rating on shares of FTAI Aviation in a report on Thursday, January 29th. Citizens Jmp boosted their target price on shares of FTAI Aviation from $230.00 to $325.00 and gave the company a “market outperform” rating in a research report on Thursday, January 29th. Royal Bank Of Canada upped their price target on shares of FTAI Aviation from $270.00 to $350.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of FTAI Aviation in a research report on Monday, December 29th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, FTAI Aviation currently has an average rating of “Moderate Buy” and a consensus price target of $292.22.

FTAI Aviation Profile

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.