Capital Fund Management S.A. Boosts Holdings in FTAI Aviation Ltd. $FTAI

Capital Fund Management S.A. lifted its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 7.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,564 shares of the financial services provider’s stock after purchasing an additional 5,966 shares during the period. Capital Fund Management S.A. owned about 0.08% of FTAI Aviation worth $9,958,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Avantax Advisory Services Inc. lifted its holdings in FTAI Aviation by 25.0% in the 1st quarter. Avantax Advisory Services Inc. now owns 1,875 shares of the financial services provider’s stock worth $208,000 after buying an additional 375 shares in the last quarter. TD Asset Management Inc increased its position in shares of FTAI Aviation by 32.5% during the first quarter. TD Asset Management Inc now owns 32,464 shares of the financial services provider’s stock worth $3,604,000 after acquiring an additional 7,972 shares during the last quarter. Mackenzie Financial Corp lifted its stake in shares of FTAI Aviation by 94.2% in the first quarter. Mackenzie Financial Corp now owns 19,745 shares of the financial services provider’s stock worth $2,192,000 after acquiring an additional 9,578 shares in the last quarter. XTX Topco Ltd purchased a new position in FTAI Aviation in the first quarter valued at about $685,000. Finally, Kazazian Asset Management LLC acquired a new stake in FTAI Aviation during the 1st quarter valued at approximately $1,776,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at FTAI Aviation

In related news, COO David Moreno bought 4,354 shares of the stock in a transaction dated Thursday, November 13th. The stock was bought at an average cost of $153.89 per share, with a total value of $670,037.06. Following the completion of the acquisition, the chief operating officer owned 4,354 shares of the company’s stock, valued at $670,037.06. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on FTAI. Wall Street Zen lowered FTAI Aviation from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. JMP Securities upped their price target on shares of FTAI Aviation from $180.00 to $205.00 and gave the company a “market outperform” rating in a report on Wednesday, August 6th. BTIG Research reissued a “buy” rating and set a $230.00 price objective on shares of FTAI Aviation in a report on Wednesday, November 19th. Royal Bank Of Canada boosted their target price on shares of FTAI Aviation from $185.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Finally, Zacks Research raised shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, FTAI Aviation currently has a consensus rating of “Moderate Buy” and a consensus target price of $201.11.

FTAI Aviation Price Performance

FTAI stock opened at $173.24 on Friday. The firm has a market cap of $17.77 billion, a price-to-earnings ratio of 39.55 and a beta of 1.67. FTAI Aviation Ltd. has a 1-year low of $75.06 and a 1-year high of $194.36. The firm has a fifty day moving average price of $168.57 and a two-hundred day moving average price of $144.98.

FTAI Aviation (NASDAQ:FTAI) last posted its quarterly earnings results on Monday, October 27th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.09). FTAI Aviation had a return on equity of 370.51% and a net margin of 20.82%.The business had revenue of $667.06 million during the quarter, compared to the consensus estimate of $662.51 million. During the same quarter in the previous year, the business posted $0.76 earnings per share. The company’s quarterly revenue was up 43.2% compared to the same quarter last year. As a group, analysts expect that FTAI Aviation Ltd. will post 2.2 EPS for the current fiscal year.

FTAI Aviation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 19th. Shareholders of record on Monday, November 10th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Monday, November 10th. FTAI Aviation’s payout ratio is presently 31.96%.

About FTAI Aviation

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.