Segall Bryant & Hamill LLC Acquires 2,057 Shares of FTAI Aviation Ltd. $FTAI

Segall Bryant & Hamill LLC boosted its stake in FTAI Aviation Ltd. (NASDAQ:FTAI) by 2.5% in the third quarter, HoldingsChannel.com reports. The firm owned 85,304 shares of the financial services provider’s stock after buying an additional 2,057 shares during the period. Segall Bryant & Hamill LLC’s holdings in FTAI Aviation were worth $14,234,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mather Group LLC. acquired a new position in shares of FTAI Aviation in the third quarter worth approximately $28,000. Global Retirement Partners LLC lifted its position in shares of FTAI Aviation by 880.0% in the 3rd quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock worth $57,000 after purchasing an additional 308 shares during the period. Assetmark Inc. lifted its position in shares of FTAI Aviation by 15.8% in the 2nd quarter. Assetmark Inc. now owns 638 shares of the financial services provider’s stock worth $73,000 after purchasing an additional 87 shares during the period. GAMMA Investing LLC boosted its stake in shares of FTAI Aviation by 22.7% in the 3rd quarter. GAMMA Investing LLC now owns 525 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 97 shares during the last quarter. Finally, Rossby Financial LCC increased its position in shares of FTAI Aviation by 13.6% during the third quarter. Rossby Financial LCC now owns 543 shares of the financial services provider’s stock worth $94,000 after buying an additional 65 shares during the period. 88.96% of the stock is owned by institutional investors and hedge funds.

FTAI Aviation Trading Down 5.5%

Shares of NASDAQ FTAI opened at $281.75 on Wednesday. The firm has a market capitalization of $28.90 billion, a P/E ratio of 60.98 and a beta of 1.50. The firm’s 50-day moving average price is $260.72 and its 200-day moving average price is $199.73. FTAI Aviation Ltd. has a 1-year low of $81.45 and a 1-year high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last issued its earnings results on Wednesday, February 25th. The financial services provider reported $1.08 EPS for the quarter, missing the consensus estimate of $1.22 by ($0.14). FTAI Aviation had a net margin of 19.98% and a return on equity of 337.39%. The firm had revenue of $662.03 million during the quarter, compared to analyst estimates of $710.37 million. During the same quarter in the prior year, the business earned $0.84 earnings per share. The business’s quarterly revenue was up 32.7% on a year-over-year basis. Equities research analysts forecast that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 13th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, March 13th. FTAI Aviation’s payout ratio is currently 30.30%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Citizens Jmp boosted their target price on shares of FTAI Aviation from $230.00 to $325.00 and gave the company a “market outperform” rating in a report on Thursday, January 29th. Royal Bank Of Canada boosted their price objective on FTAI Aviation from $270.00 to $350.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Jefferies Financial Group restated a “buy” rating and set a $350.00 target price on shares of FTAI Aviation in a research report on Monday, February 9th. Zacks Research raised FTAI Aviation from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $225.00 target price on shares of FTAI Aviation in a report on Wednesday, December 31st. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $292.22.

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.