FTAI Aviation Ltd. $FTAI Shares Acquired by Diversified Trust Co.

Diversified Trust Co. raised its holdings in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 31.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,473 shares of the financial services provider’s stock after purchasing an additional 5,416 shares during the quarter. Diversified Trust Co.’s holdings in FTAI Aviation were worth $4,424,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of FTAI Aviation in the 2nd quarter worth approximately $142,012,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of FTAI Aviation by 1,678.6% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,140,542 shares of the financial services provider’s stock valued at $131,208,000 after acquiring an additional 1,076,416 shares in the last quarter. Capital World Investors lifted its stake in FTAI Aviation by 17.3% during the third quarter. Capital World Investors now owns 6,320,565 shares of the financial services provider’s stock worth $1,054,649,000 after purchasing an additional 933,944 shares during the last quarter. Northern Right Capital Management L.P. lifted its stake in FTAI Aviation by 884.1% during the second quarter. Northern Right Capital Management L.P. now owns 885,675 shares of the financial services provider’s stock worth $101,888,000 after purchasing an additional 795,675 shares during the last quarter. Finally, Rubric Capital Management LP boosted its holdings in FTAI Aviation by 28.3% in the second quarter. Rubric Capital Management LP now owns 3,394,080 shares of the financial services provider’s stock worth $390,455,000 after purchasing an additional 749,080 shares during the period. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Price Performance

Shares of NASDAQ FTAI opened at $241.54 on Tuesday. FTAI Aviation Ltd. has a 1-year low of $81.45 and a 1-year high of $323.51. The company has a debt-to-equity ratio of 10.32, a current ratio of 5.28 and a quick ratio of 2.30. The business’s fifty day moving average price is $272.30 and its two-hundred day moving average price is $209.76. The firm has a market capitalization of $24.77 billion, a PE ratio of 52.28, a P/E/G ratio of 0.93 and a beta of 1.50.

FTAI Aviation (NASDAQ:FTAI) last announced 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 for the quarter, compared to analyst estimates of $710.37 million. FTAI Aviation had a net margin of 19.98% and a return on equity of 257.07%. The business’s revenue was up 32.7% compared to the same quarter last year. During the same period last year, the firm posted $0.84 EPS. On average, research analysts expect that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Friday, March 13th were given a $0.40 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.60 annualized dividend and a yield of 0.7%. FTAI Aviation’s dividend payout ratio (DPR) is currently 34.63%.

Analyst Ratings Changes

FTAI has been the topic of a number of research reports. Citizens Jmp increased their target price on shares of FTAI Aviation from $230.00 to $325.00 and gave the stock a “market outperform” rating in a report on Thursday, January 29th. Zacks Research raised shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a report on Friday, January 9th. 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. Wolfe Research reiterated an “outperform” rating and set a $225.00 price objective on shares of FTAI Aviation in a research note on Wednesday, December 31st. Finally, Royal Bank Of Canada raised their target price on shares of FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $292.78.

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.