T3 Companies LLC Makes New $747,000 Investment in FTAI Aviation Ltd. $FTAI

T3 Companies LLC bought a new stake in FTAI Aviation Ltd. (NASDAQ:FTAI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,794 shares of the financial services provider’s stock, valued at approximately $747,000. FTAI Aviation makes up about 0.9% of T3 Companies LLC’s portfolio, making the stock its 20th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in FTAI Aviation in the 1st quarter valued at approximately $242,000. Cetera Investment Advisers raised its stake in shares of FTAI Aviation by 73.3% during the 2nd quarter. Cetera Investment Advisers now owns 5,597 shares of the financial services provider’s stock worth $644,000 after buying an additional 2,368 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of FTAI Aviation by 23.8% in the 2nd quarter. Invesco Ltd. now owns 417,375 shares of the financial services provider’s stock valued at $48,015,000 after buying an additional 80,341 shares during the period. Amundi lifted its holdings in shares of FTAI Aviation by 16,560.0% in the 2nd quarter. Amundi now owns 2,499 shares of the financial services provider’s stock valued at $283,000 after buying an additional 2,484 shares during the period. Finally, Jump Financial LLC purchased a new stake in shares of FTAI Aviation in the second quarter valued at approximately $2,736,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at FTAI Aviation

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

Wall Street Analyst Weigh In

FTAI has been the topic of a number of recent analyst reports. Zacks Research cut FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Weiss Ratings lowered shares of FTAI Aviation from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 27th. Jefferies Financial Group reaffirmed a “buy” rating and set a $400.00 price target on shares of FTAI Aviation in a research note on Sunday, May 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $319.00 price target on shares of FTAI Aviation in a report on Friday, May 8th. Finally, BTIG Research boosted their price objective on shares of FTAI Aviation from $335.00 to $340.00 and gave the stock a “buy” rating in a report on Friday, March 13th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, FTAI Aviation presently has a consensus rating of “Moderate Buy” and a consensus target price of $326.88.

FTAI Aviation Trading Down 3.4%

Shares of FTAI stock opened at $225.76 on Thursday. The company has a market capitalization of $23.16 billion, a price-to-earnings ratio of 44.79, a PEG ratio of 0.94 and a beta of 1.47. The company has a current ratio of 5.24, a quick ratio of 2.48 and a debt-to-equity ratio of 8.00. The firm has a 50-day moving average price of $248.35 and a 200 day moving average price of $240.15. FTAI Aviation Ltd. has a twelve month low of $108.47 and a twelve month high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last released its quarterly earnings results 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). The firm had revenue of $830.70 million for the quarter. FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.FTAI Aviation’s revenue was up 65.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 earnings per share. Research analysts forecast that FTAI Aviation Ltd. will post 6.77 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Wednesday, May 13th were given a dividend of $0.45 per share. The ex-dividend date was Wednesday, May 13th. This represents a $1.80 dividend on an annualized basis 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.