Capital International Sarl Grows Stock Position in FTAI Aviation Ltd. $FTAI

Capital International Sarl increased its holdings in FTAI Aviation Ltd. (NASDAQ:FTAI) by 74.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 150,201 shares of the financial services provider’s stock after buying an additional 63,879 shares during the period. Capital International Sarl’s holdings in FTAI Aviation were worth $29,567,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Capital International Ltd. CA boosted its position in shares of FTAI Aviation by 72.1% in the 4th quarter. Capital International Ltd. CA now owns 80,044 shares of the financial services provider’s stock worth $15,757,000 after buying an additional 33,540 shares in the last quarter. Capital International Inc. CA boosted its position in shares of FTAI Aviation by 10.8% in the 4th quarter. Capital International Inc. CA now owns 246,385 shares of the financial services provider’s stock worth $48,501,000 after buying an additional 23,959 shares in the last quarter. Capital Group Investment Management PTE. LTD. boosted its position in shares of FTAI Aviation by 67.8% in the 4th quarter. Capital Group Investment Management PTE. LTD. now owns 17,254 shares of the financial services provider’s stock worth $3,396,000 after buying an additional 6,971 shares in the last quarter. Havemeyer Place LP purchased a new stake in shares of FTAI Aviation in the 4th quarter worth about $1,643,000. Finally, Deltroit Asset Management UK LLP purchased a new stake in shares of FTAI Aviation in the 4th quarter worth about $14,006,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at FTAI Aviation

In other FTAI Aviation news, Director Martin Tuchman sold 143,584 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $242.44, for a total value of $34,810,504.96. Following the transaction, the director directly owned 236,302 shares in the company, valued at approximately $57,289,056.88. This represents a 37.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Judith A. Hannaway sold 255 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total transaction of $64,741.95. Following the completion of the transaction, the director owned 3,012 shares in the company, valued at approximately $764,716.68. This trade represents a 7.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 254,515 shares of company stock worth $61,599,445. 1.35% of the stock is owned by insiders.

FTAI Aviation Price Performance

NASDAQ:FTAI opened at $234.05 on Friday. The firm has a market cap of $24.01 billion, a price-to-earnings ratio of 46.44, a price-to-earnings-growth ratio of 0.94 and a beta of 1.47. The company has a current ratio of 5.24, a quick ratio of 2.48 and a debt-to-equity ratio of 8.00. The company’s 50-day moving average is $248.70 and its two-hundred day moving average is $238.06. FTAI Aviation Ltd. has a 12-month low of $108.47 and a 12-month high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results 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 firm had revenue of $830.70 million during the quarter. FTAI Aviation had a net margin of 18.92% and a return on equity of 181.43%. The company’s quarterly revenue was up 65.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.87 EPS. Research analysts expect that FTAI Aviation Ltd. will post 6.77 EPS for the current year.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 13th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, May 13th. FTAI Aviation’s dividend payout ratio is 31.75%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on FTAI shares. Barclays boosted their price objective on shares of FTAI Aviation from $260.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Jefferies Financial Group reiterated a “buy” rating and issued a $400.00 price objective on shares of FTAI Aviation in a research report on Sunday, May 3rd. BTIG Research boosted their price objective on shares of FTAI Aviation from $335.00 to $340.00 and gave the stock a “buy” rating in a research report on Friday, March 13th. Zacks Research lowered shares of FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $319.00 price objective on shares of FTAI Aviation in a research report on Friday, May 8th. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $326.88.

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.