Diversify Wealth Management LLC Makes New $3.11 Million Investment in FTAI Aviation Ltd. $FTAI

Diversify Wealth Management LLC purchased a new stake in FTAI Aviation Ltd. (NASDAQ:FTAI) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 12,691 shares of the financial services provider’s stock, valued at approximately $3,109,000.

Several other large investors also recently made changes to their positions in the business. SJS Investment Consulting Inc. raised its holdings in shares of FTAI Aviation by 122.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in FTAI Aviation during the fourth quarter valued at approximately $30,000. Root Financial Partners LLC boosted its holdings in FTAI Aviation by 40.9% during the first quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock worth $38,000 after buying an additional 45 shares in the last quarter. Greenline Wealth Management LLC bought a new stake in FTAI Aviation during the fourth quarter worth approximately $50,000. Finally, First Horizon Corp boosted its holdings in FTAI Aviation by 131.9% during the fourth quarter. First Horizon Corp now owns 320 shares of the financial services provider’s stock worth $63,000 after buying an additional 182 shares in the last quarter. Institutional investors own 88.96% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on FTAI. Morgan Stanley reaffirmed an “overweight” rating and issued a $319.00 price target on shares of FTAI Aviation in a report on Friday, May 8th. Weiss Ratings downgraded FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 2nd. Zacks Research lowered FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Finally, Jefferies Financial Group restated a “buy” rating and issued a $400.00 target price on shares of FTAI Aviation in a report on Sunday, May 3rd. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $326.88.

Insider Activity at FTAI Aviation

In other FTAI Aviation news, Director Judith A. Hannaway sold 255 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total transaction of $64,741.95. Following the sale, the director directly owned 3,012 shares of the company’s stock, valued at $764,716.68. The trade was a 7.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Martin Tuchman sold 143,584 shares of the stock in a transaction on 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 completion of the sale, the director owned 236,302 shares of the company’s stock, valued at $57,289,056.88. The trade was a 37.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 254,515 shares of company stock worth $61,599,445. Corporate insiders own 1.35% of the company’s stock.

FTAI Aviation Price Performance

FTAI stock opened at $209.88 on Tuesday. FTAI Aviation Ltd. has a one year low of $109.90 and a one year high of $323.51. The firm has a 50-day moving average of $251.84 and a two-hundred day moving average of $253.42. The firm has a market capitalization of $21.53 billion, a PE ratio of 41.64, a P/E/G ratio of 0.92 and a beta of 1.46. The company has a current ratio of 5.24, a quick ratio of 2.48 and a debt-to-equity ratio of 8.00.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.32). FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.The firm had revenue of $830.70 million during the quarter. During the same quarter in the prior year, the business posted $0.87 earnings per share. FTAI Aviation’s quarterly revenue was up 65.4% compared to the same quarter last year. On average, analysts forecast that FTAI Aviation Ltd. will post 6.77 earnings per share for the current year.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Wednesday, May 13th were paid a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. FTAI Aviation’s dividend payout ratio (DPR) is currently 31.75%.

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.