Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna Takes Position in FTAI Aviation Ltd. $FTAI

Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,400 shares of the financial services provider’s stock, valued at approximately $472,000.

Several other hedge funds have also recently made changes to their positions in the business. Capital World Investors increased its stake in shares of FTAI Aviation by 41.1% during the fourth quarter. Capital World Investors now owns 8,916,830 shares of the financial services provider’s stock valued at $1,755,290,000 after buying an additional 2,596,265 shares during the period. Capital International Sarl grew its stake in FTAI Aviation by 74.0% in the fourth quarter. Capital International Sarl now owns 150,201 shares of the financial services provider’s stock worth $29,567,000 after purchasing an additional 63,879 shares during the period. Capital International Ltd. CA grew its stake in FTAI Aviation by 72.1% in the fourth quarter. Capital International Ltd. CA now owns 80,044 shares of the financial services provider’s stock worth $15,757,000 after purchasing an additional 33,540 shares during the period. Capital International Inc. CA grew its stake in FTAI Aviation by 10.8% in the fourth quarter. Capital International Inc. CA now owns 246,385 shares of the financial services provider’s stock worth $48,501,000 after purchasing an additional 23,959 shares during the period. Finally, Capital Group Investment Management PTE. LTD. grew its stake in FTAI Aviation by 67.8% in the fourth quarter. Capital Group Investment Management PTE. LTD. now owns 17,254 shares of the financial services provider’s stock worth $3,396,000 after purchasing an additional 6,971 shares during the period. 88.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on FTAI shares. Morgan Stanley reaffirmed an “overweight” rating and issued a $319.00 price target on shares of FTAI Aviation in a research note on Friday, May 8th. BTIG Research upped their price target on FTAI Aviation from $335.00 to $340.00 and gave the stock a “buy” rating in a research note on Friday, March 13th. Barclays upped their price target on FTAI Aviation from $260.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Weiss Ratings cut FTAI Aviation from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 27th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $400.00 price target on shares of FTAI Aviation in a research note on Sunday, May 3rd. Ten investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock 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. FTAI Aviation Ltd. has a 12 month low of $108.47 and a 12 month high of $323.51. The stock has a market cap of $24.01 billion, a P/E ratio of 46.44, a P/E/G ratio of 0.94 and a beta of 1.47. The stock’s fifty day moving average price is $248.70 and its 200-day moving average price is $238.06. The company has a current ratio of 5.24, a quick ratio of 2.48 and a debt-to-equity ratio of 8.00.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results on Wednesday, April 29th. The financial services provider reported $1.29 EPS for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.32). FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.The company had revenue of $830.70 million during the quarter. During the same quarter in the prior year, the company posted $0.87 earnings per share. The company’s revenue was up 65.4% on a year-over-year basis. As a group, equities analysts forecast that FTAI Aviation Ltd. will post 6.77 EPS for the current fiscal year.

FTAI Aviation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Wednesday, May 13th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 13th. FTAI Aviation’s dividend payout ratio is currently 31.75%.

Insiders Place Their Bets

In other news, Director Martin Tuchman sold 67,500 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $241.99, for a total value of $16,334,325.00. Following the sale, the director directly owned 210,491 shares of the company’s stock, valued at approximately $50,936,717.09. This represents a 24.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Judith A. Hannaway sold 255 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total value of $64,741.95. Following the completion of the sale, the director directly owned 3,012 shares in the company, valued at approximately $764,716.68. This represents a 7.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 254,515 shares of company stock worth $61,599,445. Insiders own 1.35% of the company’s stock.

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.