APEIRON CAPITAL Ltd Takes Position in FTAI Aviation Ltd. $FTAI

APEIRON CAPITAL Ltd acquired a new stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 11,000 shares of the financial services provider’s stock, valued at approximately $2,695,000. FTAI Aviation accounts for approximately 2.5% of APEIRON CAPITAL Ltd’s portfolio, making the stock its 10th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FTAI. Garton & Associates Financial Advisors LLC purchased a new position in FTAI Aviation during the fourth quarter valued at approximately $30,000. Greenline Wealth Management LLC purchased a new stake in shares of FTAI Aviation in the fourth quarter worth $50,000. First Horizon Corp increased its stake in shares of FTAI Aviation by 131.9% in the fourth quarter. First Horizon Corp now owns 320 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 182 shares in the last quarter. Covestor Ltd lifted its stake in shares of FTAI Aviation by 338.6% during the 4th quarter. Covestor Ltd now owns 386 shares of the financial services provider’s stock valued at $76,000 after buying an additional 298 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of FTAI Aviation by 88.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 485 shares of the financial services provider’s stock valued at $95,000 after buying an additional 227 shares in the last quarter. 88.96% of the stock is owned by hedge funds and other institutional investors.

FTAI Aviation Stock Down 3.1%

FTAI opened at $260.08 on Friday. The firm has a 50-day simple moving average of $251.24 and a two-hundred day simple moving average of $247.70. FTAI Aviation Ltd. has a 52 week low of $108.47 and a 52 week high of $323.51. The company has a market capitalization of $26.68 billion, a PE ratio of 51.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.47. The company has a quick ratio of 2.48, a current ratio of 5.24 and a debt-to-equity ratio of 8.00.

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

FTAI Aviation Dividend Announcement

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

Insider Buying and Selling at FTAI Aviation

In other FTAI Aviation news, Director Martin Tuchman sold 67,500 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $241.99, for a total transaction of $16,334,325.00. Following the completion of the transaction, the director owned 210,491 shares in the company, valued at $50,936,717.09. This trade represents a 24.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Judith A. Hannaway sold 255 shares of FTAI Aviation stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total transaction of $64,741.95. Following the completion of the transaction, the director directly owned 3,012 shares of the company’s stock, valued at $764,716.68. The trade was a 7.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 254,515 shares of company stock worth $61,599,445 in the last 90 days. 1.35% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on FTAI shares. Zacks Research lowered FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Weiss Ratings downgraded FTAI Aviation from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 27th. Morgan Stanley reaffirmed an “overweight” rating and issued a $319.00 price objective on shares of FTAI Aviation in a research note on Friday, May 8th. BTIG Research increased their target price on FTAI Aviation from $335.00 to $340.00 and gave the stock a “buy” rating in a research report on Friday, March 13th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $400.00 target price on shares of FTAI Aviation in a research note on Sunday, May 3rd. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, FTAI Aviation presently has an average rating of “Moderate Buy” and a consensus price target of $326.88.

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.