2,305 Shares in FTAI Aviation Ltd. $FTAI Purchased by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC bought a new position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,305 shares of the financial services provider’s stock, valued at approximately $565,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Root Financial Partners LLC lifted its position in shares of 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 acquiring an additional 45 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of FTAI Aviation by 1.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 4,454 shares of the financial services provider’s stock worth $877,000 after acquiring an additional 52 shares during the period. MetLife Investment Management LLC increased its stake in FTAI Aviation by 0.9% in the 4th quarter. MetLife Investment Management LLC now owns 6,578 shares of the financial services provider’s stock valued at $1,295,000 after purchasing an additional 57 shares in the last quarter. SJS Investment Consulting Inc. raised its holdings in FTAI Aviation by 122.9% during the first 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 during the last quarter. Finally, Diversify Advisory Services LLC raised its holdings in FTAI Aviation by 0.8% during the fourth quarter. Diversify Advisory Services LLC now owns 10,051 shares of the financial services provider’s stock worth $1,979,000 after purchasing an additional 80 shares during the last quarter. 88.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other FTAI Aviation news, Director Judith A. Hannaway sold 255 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total transaction of $64,741.95. Following the sale, the director directly owned 3,012 shares of the company’s stock, valued at $764,716.68. This trade represents a 7.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Martin Tuchman sold 143,584 shares of FTAI Aviation stock in a transaction dated 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 owned 236,302 shares of the company’s stock, valued at approximately $57,289,056.88. This trade represents a 37.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 254,515 shares of company stock valued at $61,599,445 in the last three months. 1.35% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have weighed in on FTAI shares. Zacks Research lowered FTAI Aviation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Morgan Stanley reaffirmed an “overweight” rating and set a $319.00 price target on shares of FTAI Aviation in a research note on Friday, May 8th. Weiss Ratings lowered shares of FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday. Jefferies Financial Group reiterated a “buy” rating and issued a $400.00 price objective on shares of FTAI Aviation in a research report on Sunday, May 3rd. Finally, BTIG Research increased their price objective on shares of FTAI Aviation from $335.00 to $340.00 and gave the company a “buy” rating in a research note on Friday, March 13th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, FTAI Aviation presently has an average rating of “Moderate Buy” and an average price target of $326.88.

FTAI Aviation Price Performance

FTAI stock opened at $248.06 on Friday. The stock’s 50 day moving average price is $252.38 and its 200 day moving average price is $250.45. The firm has a market cap of $25.45 billion, a P/E ratio of 49.22, a PEG ratio of 1.00 and a beta of 1.46. The company has a debt-to-equity ratio of 8.00, a quick ratio of 2.48 and a current ratio of 5.24. FTAI Aviation Ltd. has a 1 year low of $108.47 and a 1 year high of $323.51.

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

FTAI Aviation Announces Dividend

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

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.