FTAI Aviation Ltd. (NYSE:FTAI) Stock Position Lifted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its holdings in FTAI Aviation Ltd. (NYSE:FTAI) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 45,389 shares of the financial services provider’s stock after purchasing an additional 902 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in FTAI Aviation were worth $2,106,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of FTAI Aviation in the fourth quarter valued at $6,722,000. Householder Group Estate & Retirement Specialist LLC lifted its holdings in shares of FTAI Aviation by 9,008.0% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 8,015 shares of the financial services provider’s stock valued at $371,000 after buying an additional 7,927 shares during the period. CHURCHILL MANAGEMENT Corp acquired a new stake in shares of FTAI Aviation in the fourth quarter valued at $7,766,000. Legato Capital Management LLC lifted its holdings in shares of FTAI Aviation by 17.9% in the fourth quarter. Legato Capital Management LLC now owns 15,600 shares of the financial services provider’s stock valued at $724,000 after buying an additional 2,365 shares during the period. Finally, CFM Wealth Partners LLC acquired a new stake in shares of FTAI Aviation in the fourth quarter valued at $4,186,000. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Trading Up 0.7 %

NYSE:FTAI opened at $68.54 on Friday. The firm has a market capitalization of $6.87 billion, a price-to-earnings ratio of 32.64 and a beta of 1.90. FTAI Aviation Ltd. has a 1-year low of $26.58 and a 1-year high of $73.54. The business’s fifty day moving average price is $62.06 and its 200 day moving average price is $49.90.

FTAI Aviation (NYSE:FTAI) last posted its quarterly earnings results on Thursday, February 22nd. The financial services provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.72. The firm had revenue of $312.74 million for 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%. FTAI Aviation’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.20 earnings per share. Equities analysts forecast that FTAI Aviation Ltd. will post 2.43 earnings per share for the current year.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Friday, March 8th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend was Thursday, March 7th. FTAI Aviation’s payout ratio is currently 57.14%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Stifel Nicolaus restated a “hold” rating and issued a $59.00 price objective (up previously from $40.00) on shares of FTAI Aviation in a report on Monday, February 26th. StockNews.com downgraded FTAI Aviation from a “hold” rating to a “sell” rating in a report on Friday, April 12th. Benchmark upped their target price on FTAI Aviation from $45.00 to $100.00 and gave the company a “buy” rating in a report on Friday, March 15th. Morgan Stanley upped their target price on FTAI Aviation from $58.00 to $70.00 and gave the company an “overweight” rating in a report on Tuesday, February 27th. Finally, Barclays upped their target price on FTAI Aviation from $62.00 to $80.00 and gave the company an “overweight” rating in a report on Thursday, April 4th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, FTAI Aviation currently has a consensus rating of “Moderate Buy” and an average price target of $54.25.

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.