Gryphon Financial Partners LLC Makes New Investment in FTAI Aviation Ltd. $FTAI

Gryphon Financial Partners LLC acquired a new stake in FTAI Aviation Ltd. (NASDAQ:FTAI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,269 shares of the financial services provider’s stock, valued at approximately $801,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SJS Investment Consulting Inc. lifted its holdings in shares of FTAI Aviation by 122.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in FTAI Aviation during the 4th quarter valued at $30,000. Root Financial Partners LLC increased its stake in FTAI Aviation by 40.9% during the 1st quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 45 shares in the last quarter. Greenline Wealth Management LLC acquired a new position in FTAI Aviation during the fourth quarter worth $50,000. Finally, First Horizon Corp raised its holdings in FTAI Aviation by 131.9% during the fourth quarter. First Horizon Corp now owns 320 shares of the financial services provider’s stock worth $63,000 after buying an additional 182 shares during the last quarter. Institutional investors own 88.96% of the company’s stock.

Wall Street Analyst Weigh In

FTAI has been the subject of a number of analyst reports. Zacks Research cut shares of FTAI Aviation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Morgan Stanley restated an “overweight” rating and issued a $319.00 target price on shares of FTAI Aviation in a report on Friday, May 8th. Jefferies Financial Group reiterated a “buy” rating and set a $400.00 price target on shares of FTAI Aviation in a research note on Sunday, May 3rd. Weiss Ratings raised FTAI Aviation from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Finally, Citizens Jmp assumed coverage on FTAI Aviation in a report on Wednesday. They set a “market outperform” rating and a $375.00 price objective for the company. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $333.12.

Insider Activity at FTAI Aviation

In related news, Director Martin Tuchman sold 143,584 shares of FTAI Aviation stock in a transaction on Friday, May 1st. The stock was sold at an average price of $242.44, for a total transaction of $34,810,504.96. Following the sale, the director directly owned 236,302 shares in the company, valued at approximately $57,289,056.88. This trade represents a 37.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Judith A. Hannaway sold 255 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total value of $64,741.95. Following the completion of the transaction, the director directly owned 3,012 shares in the company, valued at approximately $764,716.68. This represents a 7.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 254,515 shares of company stock valued at $61,599,445. 1.35% of the stock is currently owned by corporate insiders.

FTAI Aviation Stock Up 1.8%

FTAI opened at $207.46 on Friday. FTAI Aviation Ltd. has a fifty-two week low of $109.90 and a fifty-two week high of $323.51. The firm has a market capitalization of $21.28 billion, a P/E ratio of 41.16, a PEG ratio of 0.84 and a beta of 1.46. The company’s 50-day moving average is $247.00 and its 200 day moving average is $253.82. The company has a debt-to-equity ratio of 8.00, a current ratio of 5.24 and a quick ratio of 2.48.

FTAI Aviation (NASDAQ:FTAI) last issued its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.32). The firm had revenue of $830.70 million during the quarter. FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.The business’s quarterly revenue was up 65.4% compared to the same quarter last year. During the same period last year, the firm earned $0.87 earnings per share. Research analysts expect that FTAI Aviation Ltd. will post 6.77 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Wednesday, May 13th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, May 13th. FTAI Aviation’s payout ratio is presently 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.