MASTERINVEST Kapitalanlage GmbH Takes Position in FTAI Aviation Ltd. $FTAI

MASTERINVEST Kapitalanlage GmbH purchased a new position in FTAI Aviation Ltd. (NASDAQ:FTAI) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,933 shares of the financial services provider’s stock, valued at approximately $964,000.

Several other hedge funds have also recently made changes to their positions in the stock. Root Financial Partners LLC lifted its position in FTAI Aviation by 40.9% during the first quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 45 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in FTAI Aviation by 1.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 4,454 shares of the financial services provider’s stock worth $877,000 after purchasing an additional 52 shares during the last quarter. MetLife Investment Management LLC grew its position 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 worth $1,295,000 after purchasing an additional 57 shares during the period. SJS Investment Consulting Inc. grew its position in FTAI Aviation by 122.9% in the 1st 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 period. Finally, Abel Hall LLC raised its stake in FTAI Aviation by 6.2% during the 1st quarter. Abel Hall LLC now owns 1,362 shares of the financial services provider’s stock valued at $334,000 after buying an additional 79 shares during the last quarter. 88.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Citizens Jmp raised their price target on FTAI Aviation from $325.00 to $375.00 and gave the stock a “market outperform” rating in a research note on Wednesday. Morgan Stanley reiterated an “overweight” rating and set a $319.00 price objective on shares of FTAI Aviation in a research report on Friday, May 8th. Jefferies Financial Group reissued a “buy” rating and issued a $400.00 target price on shares of FTAI Aviation in a report on Sunday, May 3rd. Zacks Research downgraded FTAI Aviation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Weiss Ratings cut FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 2nd. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $333.12.

Insider Activity

In other FTAI Aviation news, Director Judith A. Hannaway sold 255 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total value of $64,741.95. Following the completion of the sale, the director owned 3,012 shares in the company, valued at $764,716.68. This represents a 7.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Martin Tuchman sold 67,500 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $241.99, for a total value of $16,334,325.00. Following the completion of the sale, the director owned 210,491 shares of the company’s stock, valued at approximately $50,936,717.09. The trade was a 24.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 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.

FTAI Aviation Trading Up 3.7%

Shares of FTAI Aviation stock opened at $213.80 on Thursday. The company’s fifty day simple moving average is $249.63 and its 200-day simple moving average is $253.94. The stock has a market capitalization of $21.93 billion, a PE ratio of 42.42, a P/E/G ratio of 0.83 and a beta of 1.46. FTAI Aviation Ltd. has a 1-year low of $109.90 and a 1-year high of $323.51. The company has a debt-to-equity ratio of 8.00, a current ratio of 5.24 and a quick ratio of 2.48.

FTAI Aviation (NASDAQ:FTAI) last issued its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.32). The business 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%. FTAI Aviation’s revenue for the quarter was up 65.4% on a year-over-year basis. During the same period last year, the firm posted $0.87 earnings per share. As a group, equities analysts anticipate that FTAI Aviation Ltd. will post 6.77 earnings per share 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 given a dividend of $0.45 per share. The ex-dividend date was Wednesday, May 13th. This represents a $1.80 annualized dividend and a yield of 0.8%. FTAI Aviation’s payout ratio is 31.75%.

FTAI Aviation Profile

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.