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

Diversified Trust Co. increased its holdings in FTAI Aviation Ltd. (NASDAQ:FTAI) by 31.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,473 shares of the financial services provider’s stock after buying 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 reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. AQR Capital Management LLC acquired a new position in FTAI Aviation during the 1st quarter worth $242,000. Cetera Investment Advisers increased its holdings in shares of FTAI Aviation by 73.3% during the second quarter. Cetera Investment Advisers now owns 5,597 shares of the financial services provider’s stock valued at $644,000 after purchasing an additional 2,368 shares during the period. Entropy Technologies LP raised its stake in shares of FTAI Aviation by 125.7% during the second quarter. Entropy Technologies LP now owns 7,478 shares of the financial services provider’s stock valued at $860,000 after purchasing an additional 4,165 shares in the last quarter. Segall Bryant & Hamill LLC raised its stake in shares of FTAI Aviation by 20.6% during the second quarter. Segall Bryant & Hamill LLC now owns 83,247 shares of the financial services provider’s stock valued at $9,577,000 after purchasing an additional 14,246 shares in the last quarter. Finally, Inceptionr LLC acquired a new stake in FTAI Aviation in the second quarter worth about $1,332,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FTAI has been the subject of a number of recent analyst reports. Weiss Ratings upgraded shares of FTAI Aviation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 16th. Morgan Stanley upped their price target on shares of FTAI Aviation from $220.00 to $266.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $350.00 price objective on shares of FTAI Aviation in a report on Monday, February 9th. Citigroup reiterated an “outperform” rating on shares of FTAI Aviation in a research note on Thursday, January 29th. Finally, Barclays boosted their target price on FTAI Aviation from $260.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $292.78.

FTAI Aviation Price Performance

NASDAQ:FTAI opened at $241.54 on Tuesday. The company has a quick ratio of 2.30, a current ratio of 5.28 and a debt-to-equity ratio of 10.32. The business’s 50-day moving average price is $272.30 and its 200 day moving average price is $209.76. FTAI Aviation Ltd. has a 52-week low of $81.45 and a 52-week high of $323.51. The firm has a market cap of $24.77 billion, a P/E ratio of 52.28, a PEG ratio of 0.93 and a beta of 1.50.

FTAI Aviation (NASDAQ:FTAI) last issued its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.14). FTAI Aviation had a net margin of 19.98% and a return on equity of 257.07%. The business had revenue of $662.03 million during the quarter, compared to analyst estimates of $710.37 million. During the same period in the previous year, the company posted $0.84 earnings per share. FTAI Aviation’s revenue was up 32.7% compared to the same quarter last year. As a group, sell-side analysts predict that FTAI Aviation Ltd. will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

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

About FTAI Aviation

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.