Capital International Ltd. CA Boosts Holdings in FTAI Aviation Ltd. $FTAI

Capital International Ltd. CA raised its position in FTAI Aviation Ltd. (NASDAQ:FTAI) by 72.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,044 shares of the financial services provider’s stock after acquiring an additional 33,540 shares during the quarter. Capital International Ltd. CA’s holdings in FTAI Aviation were worth $15,757,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Rossby Financial LCC lifted its stake in FTAI Aviation by 13.6% in the third quarter. Rossby Financial LCC now owns 543 shares of the financial services provider’s stock worth $94,000 after acquiring an additional 65 shares during the last quarter. Assetmark Inc. raised its position in FTAI Aviation by 11.0% in the 3rd quarter. Assetmark Inc. now owns 708 shares of the financial services provider’s stock valued at $118,000 after purchasing an additional 70 shares during the last quarter. Diversify Advisory Services LLC raised its position in FTAI Aviation by 0.8% in the 4th quarter. Diversify Advisory Services LLC now owns 10,051 shares of the financial services provider’s stock valued at $1,979,000 after purchasing an additional 80 shares during the last quarter. Allworth Financial LP raised its position in FTAI Aviation by 7.6% in the 3rd quarter. Allworth Financial LP now owns 1,504 shares of the financial services provider’s stock valued at $251,000 after purchasing an additional 106 shares during the last quarter. Finally, SLT Holdings LLC increased its stake in FTAI Aviation by 6.7% in the 4th quarter. SLT Holdings LLC now owns 2,375 shares of the financial services provider’s stock valued at $468,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 88.96% of the company’s stock.

Insider Buying and Selling

In other news, Director Judith A. Hannaway sold 255 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total transaction of $64,741.95. Following the completion of the sale, the director owned 3,012 shares of the company’s stock, valued at approximately $764,716.68. This trade represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Martin Tuchman sold 67,500 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $241.99, for a total transaction of $16,334,325.00. Following the sale, the director directly owned 210,491 shares of the company’s stock, valued at $50,936,717.09. The trade was a 24.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 254,515 shares of company stock valued at $61,599,445 in the last three months. Corporate insiders own 1.35% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on FTAI shares. Barclays boosted their price objective on shares of FTAI Aviation from $260.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Weiss Ratings cut shares of FTAI Aviation from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 27th. BTIG Research increased their price objective on shares of FTAI Aviation from $335.00 to $340.00 and gave the company a “buy” rating in a research note on Friday, March 13th. Zacks Research lowered shares of FTAI Aviation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Jefferies Financial Group restated a “buy” rating and issued a $400.00 target price on shares of FTAI Aviation in a report on Sunday, May 3rd. Ten investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, FTAI Aviation presently has an average rating of “Moderate Buy” and a consensus target price of $326.88.

FTAI Aviation Trading Down 6.4%

NASDAQ FTAI opened at $234.05 on Friday. The company has a debt-to-equity ratio of 8.00, a quick ratio of 2.48 and a current ratio of 5.24. FTAI Aviation Ltd. has a one year low of $108.47 and a one year high of $323.51. The company’s 50 day moving average price is $248.70 and its 200 day moving average price is $238.06. The firm has a market capitalization of $24.01 billion, a price-to-earnings ratio of 46.44, a PEG ratio of 0.94 and a beta of 1.47.

FTAI Aviation (NASDAQ:FTAI) last issued its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.32). FTAI Aviation had a net margin of 18.92% and a return on equity of 181.43%. The firm had revenue of $830.70 million during the quarter. During the same period last year, the business earned $0.87 earnings per share. The firm’s quarterly revenue was up 65.4% compared to the same quarter last year. On average, sell-side analysts predict that FTAI Aviation Ltd. will post 6.77 EPS for the current year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 13th were given a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.80 annualized dividend and a yield of 0.8%. FTAI Aviation’s dividend payout ratio (DPR) is 31.75%.

FTAI Aviation Company 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.