Capital Fund Management S.A. Sells 20,170 Shares of FTAI Aviation Ltd. $FTAI

Capital Fund Management S.A. lowered its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 23.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 66,394 shares of the financial services provider’s stock after selling 20,170 shares during the period. Capital Fund Management S.A.’s holdings in FTAI Aviation were worth $11,079,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in FTAI. Mather Group LLC. bought a new position in FTAI Aviation during the 3rd quarter worth about $28,000. Global Retirement Partners LLC increased its position in FTAI Aviation by 880.0% during the 3rd quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 308 shares during the period. GAMMA Investing LLC raised its holdings in shares of FTAI Aviation by 22.7% in the 3rd quarter. GAMMA Investing LLC now owns 525 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 97 shares in the last quarter. Rossby Financial LCC lifted its position in shares of FTAI Aviation by 13.6% in the 3rd quarter. Rossby Financial LCC now owns 543 shares of the financial services provider’s stock worth $94,000 after purchasing an additional 65 shares during the period. Finally, Assetmark Inc. boosted its stake in shares of FTAI Aviation by 11.0% during the third quarter. Assetmark Inc. now owns 708 shares of the financial services provider’s stock valued at $118,000 after purchasing an additional 70 shares in the last quarter. 88.96% of the stock is currently owned by institutional investors.

FTAI Aviation Trading Down 8.8%

NASDAQ:FTAI opened at $237.15 on Friday. The stock has a market capitalization of $24.32 billion, a price-to-earnings ratio of 51.33, a PEG ratio of 1.05 and a beta of 1.50. FTAI Aviation Ltd. has a 52 week low of $81.45 and a 52 week high of $323.51. The company has a quick ratio of 2.30, a current ratio of 5.28 and a debt-to-equity ratio of 10.32. The firm has a 50 day moving average of $272.27 and a 200 day moving average of $204.90.

FTAI Aviation (NASDAQ:FTAI) last released its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.14). The firm had revenue of $662.03 million during 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%.FTAI Aviation’s revenue for the quarter was up 32.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.84 earnings per share. As a group, sell-side analysts anticipate that FTAI Aviation Ltd. will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 13th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, March 13th. FTAI Aviation’s payout ratio is 30.30%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FTAI shares. Royal Bank Of Canada lifted their price objective 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. Morgan Stanley increased their target price on FTAI Aviation from $220.00 to $266.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. Citigroup reiterated an “outperform” rating on shares of FTAI Aviation in a report on Thursday, January 29th. Citizens Jmp upped their price objective on FTAI Aviation from $230.00 to $325.00 and gave the stock a “market outperform” rating in a research note on Thursday, January 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $350.00 price objective on shares of FTAI Aviation in a research report on Monday, February 9th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $292.22.

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.