5,053 Shares in FTAI Aviation Ltd. $FTAI Acquired by Doliver Advisors LP

Doliver Advisors LP bought a new stake in FTAI Aviation Ltd. (NASDAQ:FTAI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,053 shares of the financial services provider’s stock, valued at approximately $844,000.

Several other institutional investors and hedge funds have also bought and sold shares of FTAI. Mediolanum International Funds Ltd purchased a new position in FTAI Aviation during the 1st quarter worth $1,313,000. Baird Financial Group Inc. increased its position in FTAI Aviation by 619.2% during the 2nd quarter. Baird Financial Group Inc. now owns 89,672 shares of the financial services provider’s stock valued at $24,259,000 after buying an additional 77,203 shares in the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in FTAI Aviation in the first quarter valued at about $7,217,000. Independent Financial Group LLC purchased a new stake in FTAI Aviation in the first quarter valued at about $1,949,000. Finally, Swiss National Bank boosted its holdings in FTAI Aviation by 48.9% in the first quarter. Swiss National Bank now owns 301,000 shares of the financial services provider’s stock worth $73,745,000 after acquiring an additional 98,808 shares in the last quarter. 88.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at FTAI Aviation

In other FTAI Aviation news, President David Moreno acquired 2,475 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were purchased at an average price of $201.27 per share, for a total transaction of $498,143.25. Following the completion of the purchase, the president directly owned 199,490 shares of the company’s stock, valued at $40,151,352.30. The trade was a 1.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.35% of the stock is owned by company insiders.

FTAI Aviation Stock Performance

Shares of NASDAQ:FTAI traded up $0.29 during trading on Thursday, hitting $167.32. The stock had a trading volume of 1,017,762 shares, compared to its average volume of 1,509,525. FTAI Aviation Ltd. has a 12-month low of $149.50 and a 12-month high of $323.51. The stock has a market capitalization of $17.19 billion, a price-to-earnings ratio of 36.37, a price-to-earnings-growth ratio of 0.84 and a beta of 1.51. The company has a quick ratio of 2.07, a current ratio of 5.28 and a debt-to-equity ratio of 8.55. The stock has a 50-day simple moving average of $199.51 and a two-hundred day simple moving average of $229.07.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.19). FTAI Aviation had a return on equity of 139.59% and a net margin of 15.94%.The firm had revenue of $953.09 million for the quarter. During the same period last year, the business earned $1.57 earnings per share. The firm’s revenue for the quarter was up 40.9% on a year-over-year basis. On average, equities research analysts expect that FTAI Aviation Ltd. will post 5.48 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Wednesday, August 12th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.2%. The ex-dividend date was Wednesday, August 12th. FTAI Aviation’s payout ratio is presently 43.48%.

Analysts Set New Price Targets

FTAI has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft set a $290.00 price objective on shares of FTAI Aviation in a report on Friday, July 31st. Weiss Ratings cut shares of FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Citizens Jmp began coverage on shares of FTAI Aviation in a research note on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 price target on the stock. Morgan Stanley raised their price target on shares of FTAI Aviation from $319.00 to $360.00 and gave the stock an “overweight” rating in a report on Friday, August 21st. Finally, Royal Bank Of Canada lowered their price objective on shares of FTAI Aviation from $350.00 to $300.00 and set an “outperform” rating for the company in a research note on Monday, July 27th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $315.67.

FTAI Aviation Profile

FTAI Aviation Ltd. is an aviation company focused on owning, leasing, and managing commercial aircraft and aircraft engines. The company provides aviation assets to airlines, aircraft leasing companies, maintenance, repair and overhaul providers, and other participants in the global aviation industry.

FTAI Aviation’s business includes aircraft and engine leasing, asset management, and the acquisition and sale of aviation equipment. Through its aviation products activities, the company also develops and sells proprietary aerospace products designed to improve engine performance, reliability, and maintenance economics, including solutions associated with the CFM56 engine platform.

The company serves customers across international aviation markets and manages assets used by airlines and operators in multiple regions.