Fiducient Advisors LLC Makes New $508,000 Investment in FTAI Aviation Ltd. $FTAI

Fiducient Advisors LLC acquired a new position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,580 shares of the financial services provider’s stock, valued at approximately $508,000.

Several other institutional investors have also recently bought and sold shares of the business. Foundations Investment Advisors LLC raised its holdings in FTAI Aviation by 6.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 2,391 shares of the financial services provider’s stock worth $471,000 after buying an additional 150 shares during the last quarter. Kingsview Wealth Management LLC acquired a new position in FTAI Aviation during the fourth quarter worth $316,000. Geode Capital Management LLC raised its holdings in FTAI Aviation by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 2,004,963 shares of the financial services provider’s stock worth $394,757,000 after buying an additional 71,271 shares during the last quarter. King Luther Capital Management Corp raised its holdings in shares of FTAI Aviation by 5.4% in the fourth quarter. King Luther Capital Management Corp now owns 523,148 shares of the financial services provider’s stock valued at $102,982,000 after purchasing an additional 26,959 shares during the last quarter. Finally, Steel Grove Capital Advisors LLC raised its holdings in shares of FTAI Aviation by 16.0% in the fourth quarter. Steel Grove Capital Advisors LLC now owns 5,800 shares of the financial services provider’s stock valued at $1,142,000 after purchasing an additional 800 shares during the last quarter. Institutional investors and hedge funds own 88.96% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on FTAI shares. Weiss Ratings upgraded shares of FTAI Aviation from a “hold (c+)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. BTIG Research increased their target price on shares of FTAI Aviation from $335.00 to $340.00 and gave the company a “buy” rating in a report on Friday, March 13th. Jefferies Financial Group reiterated a “buy” rating and issued a $400.00 target price on shares of FTAI Aviation in a report on Sunday, May 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $319.00 target price on shares of FTAI Aviation in a report on Friday, May 8th. Finally, Citigroup reiterated an “outperform” rating on shares of FTAI Aviation in a report on Thursday, January 29th. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $326.88.

FTAI Aviation Price Performance

Shares of NASDAQ:FTAI opened at $262.78 on Friday. The company has a quick ratio of 2.48, a current ratio of 5.24 and a debt-to-equity ratio of 8.00. The firm has a market capitalization of $26.96 billion, a PE ratio of 52.14, a P/E/G ratio of 1.01 and a beta of 1.49. FTAI Aviation Ltd. has a twelve month low of $108.47 and a twelve month high of $323.51. The company has a 50-day moving average price of $247.93 and a two-hundred day moving average price of $234.81.

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

FTAI Aviation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Wednesday, May 13th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 13th. FTAI Aviation’s dividend payout ratio (DPR) is currently 31.75%.

Insiders Place Their Bets

In related news, Director Martin Tuchman sold 67,500 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $241.99, for a total value of $16,334,325.00. Following the sale, the director directly owned 210,491 shares of the company’s stock, valued at $50,936,717.09. This trade represents a 24.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold 254,260 shares of company stock valued at $61,534,703 over the last quarter. Company insiders own 1.35% of the company’s stock.

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.