Capital Fund Management S.A. Sells 20,170 Shares of FTAI Aviation Ltd. $FTAI

Capital Fund Management S.A. decreased its stake in FTAI Aviation Ltd. (NASDAQ:FTAI) by 23.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 66,394 shares of the financial services provider’s stock after selling 20,170 shares during the quarter. Capital Fund Management S.A. owned about 0.06% of FTAI Aviation worth $11,079,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of FTAI. Rossby Financial LCC boosted its stake in 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. Assetmark Inc. increased its position in FTAI Aviation by 11.0% during the third quarter. Assetmark Inc. now owns 708 shares of the financial services provider’s stock valued at $118,000 after acquiring an additional 70 shares during the last quarter. CWM LLC raised its stake in shares of FTAI Aviation by 6.8% in the third quarter. CWM LLC now owns 1,157 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 74 shares during the period. Brookstone Capital Management raised its stake in shares of FTAI Aviation by 2.5% in the third quarter. Brookstone Capital Management now owns 3,088 shares of the financial services provider’s stock valued at $515,000 after acquiring an additional 75 shares during the period. Finally, Foundations Investment Advisors LLC lifted its holdings in shares of FTAI Aviation by 3.5% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the financial services provider’s stock worth $374,000 after acquiring an additional 76 shares during the last quarter. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Price Performance

FTAI Aviation stock opened at $237.15 on Friday. The stock has a market cap of $24.32 billion, a price-to-earnings ratio of 51.33, a price-to-earnings-growth ratio of 1.05 and a beta of 1.50. The company has a debt-to-equity ratio of 10.32, a current ratio of 5.28 and a quick ratio of 2.30. FTAI Aviation Ltd. has a 1 year low of $81.45 and a 1 year high of $323.51. The firm has a 50-day moving average of $272.27 and a two-hundred day moving average of $204.90.

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 analysts’ consensus estimates of $1.22 by ($0.14). FTAI Aviation had a return on equity of 257.07% and a net margin of 19.98%.The company had revenue of $662.03 million for the quarter, compared to analysts’ expectations of $710.37 million. During the same period last year, the business posted $0.84 earnings per share. The business’s revenue was up 32.7% compared to the same quarter last year. On average, research analysts forecast that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on FTAI. Barclays upped their price target on shares of FTAI Aviation from $260.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Royal Bank Of Canada raised their price objective on shares of FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Morgan Stanley upped 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. Citigroup reiterated an “outperform” rating on shares of FTAI Aviation in a report on Thursday, January 29th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of FTAI Aviation in a research note on Monday, December 29th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, FTAI Aviation presently 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.