Valeo Financial Advisors LLC Acquires New Shares in FTAI Aviation Ltd. (NYSE:FTAI)

Valeo Financial Advisors LLC acquired a new stake in shares of FTAI Aviation Ltd. (NYSE:FTAI) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 4,424 shares of the financial services provider’s stock, valued at approximately $205,000.

Several other hedge funds also recently modified their holdings of FTAI. International Assets Investment Management LLC acquired a new position in FTAI Aviation during the 4th quarter worth about $6,722,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in FTAI Aviation by 2.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 45,389 shares of the financial services provider’s stock worth $2,106,000 after buying an additional 902 shares during the period. Householder Group Estate & Retirement Specialist LLC lifted its holdings in FTAI Aviation by 9,008.0% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 8,015 shares of the financial services provider’s stock worth $371,000 after buying an additional 7,927 shares during the period. CHURCHILL MANAGEMENT Corp acquired a new position in FTAI Aviation during the 4th quarter worth about $7,766,000. Finally, Legato Capital Management LLC lifted its holdings in FTAI Aviation by 17.9% during the 4th quarter. Legato Capital Management LLC now owns 15,600 shares of the financial services provider’s stock worth $724,000 after buying an additional 2,365 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

Analysts Set New Price Targets

FTAI has been the subject of several research analyst reports. Benchmark lifted their price objective on FTAI Aviation from $45.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Barclays lifted their price objective on FTAI Aviation from $62.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, April 4th. Stifel Nicolaus reissued a “hold” rating and issued a $59.00 price objective (up from $40.00) on shares of FTAI Aviation in a research report on Monday, February 26th. Morgan Stanley lifted their price objective on FTAI Aviation from $58.00 to $70.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 27th. Finally, StockNews.com lowered FTAI Aviation from a “hold” rating to a “sell” rating in a research report on Friday, April 12th. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.25.

FTAI Aviation Price Performance

Shares of FTAI Aviation stock opened at $71.72 on Wednesday. The business has a 50-day simple moving average of $61.14 and a 200 day simple moving average of $49.38. The firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of 34.15 and a beta of 1.90. FTAI Aviation Ltd. has a one year low of $26.58 and a one year high of $73.54.

FTAI Aviation (NYSE:FTAI) last issued its quarterly earnings data on Thursday, February 22nd. The financial services provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.72. The firm had revenue of $312.74 million during the quarter, compared to analyst estimates of $310.04 million. FTAI Aviation had a return on equity of 223.80% and a net margin of 20.82%. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.20 EPS. On average, sell-side analysts expect that FTAI Aviation Ltd. will post 2.43 EPS for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Friday, March 8th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend was Thursday, March 7th. FTAI Aviation’s dividend payout ratio is currently 57.14%.

FTAI Aviation Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.