Universal Beteiligungs und Servicegesellschaft mbH Boosts Holdings in FTAI Aviation Ltd. $FTAI

Universal Beteiligungs und Servicegesellschaft mbH increased its position in FTAI Aviation Ltd. (NASDAQ:FTAI) by 9.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 112,808 shares of the financial services provider’s stock after purchasing an additional 10,154 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.11% of FTAI Aviation worth $18,823,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Ensign Peak Advisors Inc increased its stake in FTAI Aviation by 67.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 3,075,788 shares of the financial services provider’s stock worth $353,839,000 after buying an additional 1,238,294 shares during the period. Norges Bank purchased a new stake in shares of FTAI Aviation during the second quarter worth about $142,012,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of FTAI Aviation by 1,678.6% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,140,542 shares of the financial services provider’s stock worth $131,208,000 after acquiring an additional 1,076,416 shares in the last quarter. Northern Right Capital Management L.P. lifted its stake in shares of FTAI Aviation by 884.1% in the second quarter. Northern Right Capital Management L.P. now owns 885,675 shares of the financial services provider’s stock worth $101,888,000 after acquiring an additional 795,675 shares in the last quarter. Finally, Rubric Capital Management LP boosted its holdings in FTAI Aviation by 28.3% in the second quarter. Rubric Capital Management LP now owns 3,394,080 shares of the financial services provider’s stock valued at $390,455,000 after purchasing an additional 749,080 shares during the last quarter. 88.96% of the stock is owned by institutional investors and hedge funds.

FTAI Aviation Stock Performance

NASDAQ FTAI opened at $292.10 on Friday. FTAI Aviation Ltd. has a one year low of $81.45 and a one year high of $310.00. The company has a 50-day simple moving average of $199.42 and a 200-day simple moving average of $169.21. The firm has a market capitalization of $29.96 billion, a PE ratio of 66.69 and a beta of 1.54.

FTAI Aviation (NASDAQ:FTAI) last issued its earnings results on Monday, October 27th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.09). FTAI Aviation had a return on equity of 370.51% and a net margin of 20.82%.The business had revenue of $667.06 million during the quarter, compared to the consensus estimate of $662.51 million. During the same period in the prior year, the business earned $0.76 EPS. The business’s revenue was up 43.2% on a year-over-year basis. Equities analysts forecast that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 19th. Shareholders of record on Monday, November 10th were given a $0.35 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.40 annualized dividend and a yield of 0.5%. FTAI Aviation’s dividend payout ratio (DPR) is currently 31.96%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Jones Trading began coverage on FTAI Aviation in a report on Friday, October 10th. They set a “buy” rating and a $306.00 price objective on the stock. Royal Bank Of Canada lifted their price target on shares of FTAI Aviation from $185.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Wolfe Research reaffirmed an “outperform” rating and issued a $225.00 price target on shares of FTAI Aviation in a report on Wednesday, December 31st. Weiss Ratings reiterated a “hold (c+)” rating on shares of FTAI Aviation in a research note on Monday, December 29th. Finally, BTIG Research boosted their target price on shares of FTAI Aviation from $230.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, FTAI Aviation has a consensus rating of “Moderate Buy” and a consensus target price of $240.00.

Insider Transactions at FTAI Aviation

In other news, COO David Moreno purchased 4,354 shares of FTAI Aviation stock in a transaction dated Thursday, November 13th. The stock was bought at an average price of $153.89 per share, with a total value of $670,037.06. Following the completion of the acquisition, the chief operating officer owned 4,354 shares in the company, valued at $670,037.06. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.30% 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.