Capital International Inc. CA Acquires 28,838 Shares of FTAI Aviation Ltd. $FTAI

Capital International Inc. CA increased its holdings in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 14.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 222,426 shares of the financial services provider’s stock after purchasing an additional 28,838 shares during the period. Capital International Inc. CA owned 0.22% of FTAI Aviation worth $37,114,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FTAI. LDR Capital Management LLC bought a new stake in FTAI Aviation during the 3rd quarter valued at $1,102,000. Diversified Trust Co purchased a new position in shares of FTAI Aviation in the 3rd quarter valued at $2,846,000. Asset Management One Co. Ltd. bought a new position in shares of FTAI Aviation in the 3rd quarter worth $2,056,000. Hiddenite Capital Partners LP lifted its stake in shares of FTAI Aviation by 12.9% during the 3rd quarter. Hiddenite Capital Partners LP now owns 79,000 shares of the financial services provider’s stock worth $13,182,000 after purchasing an additional 9,000 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of FTAI Aviation by 396.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 831,414 shares of the financial services provider’s stock worth $138,730,000 after purchasing an additional 664,037 shares during the last quarter. 88.96% of the stock is owned by hedge funds and other institutional investors.

FTAI Aviation Trading Up 6.1%

FTAI Aviation stock opened at $276.34 on Tuesday. The company has a debt-to-equity ratio of 10.32, a quick ratio of 2.30 and a current ratio of 5.28. The stock has a market cap of $28.34 billion, a PE ratio of 59.81, a price-to-earnings-growth ratio of 1.05 and a beta of 1.50. The stock has a 50-day moving average of $268.71 and a two-hundred day moving average of $203.42. FTAI Aviation Ltd. has a one year low of $81.45 and a one year high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last posted its quarterly earnings data on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.14). The company had revenue of $662.03 million for the quarter, compared to analyst estimates of $710.37 million. FTAI Aviation had a net margin of 19.98% and a return on equity of 257.07%. The business’s revenue was up 32.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.84 EPS. On average, research analysts anticipate that FTAI Aviation Ltd. will post 2.2 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Morgan Stanley lifted their target price on FTAI Aviation from $220.00 to $266.00 and gave the company an “overweight” rating in a research note on Tuesday, January 6th. Citizens Jmp raised their price target 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. BTIG Research lifted their price objective on shares of FTAI Aviation from $230.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Citigroup reiterated an “outperform” rating on shares of FTAI Aviation in a research note on Thursday, January 29th. Finally, Royal Bank Of Canada increased their target price on shares of FTAI Aviation from $270.00 to $350.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $292.22.

FTAI Aviation Company 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.