FTAI Aviation Ltd. $FTAI Shares Purchased by Capital International Sarl

Capital International Sarl grew its position in FTAI Aviation Ltd. (NASDAQ:FTAI) by 48.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 86,322 shares of the financial services provider’s stock after buying an additional 28,290 shares during the period. Capital International Sarl’s holdings in FTAI Aviation were worth $14,404,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Rossby Financial LCC grew its holdings in FTAI Aviation by 13.6% in the 3rd quarter. Rossby Financial LCC now owns 543 shares of the financial services provider’s stock worth $94,000 after buying an additional 65 shares in the last quarter. Assetmark Inc. boosted its position in FTAI Aviation by 11.0% during the 3rd quarter. Assetmark Inc. now owns 708 shares of the financial services provider’s stock worth $118,000 after acquiring an additional 70 shares during the period. CWM LLC grew 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 worth $193,000 after purchasing an additional 74 shares in the last quarter. Brookstone Capital Management increased its holdings in shares of FTAI Aviation by 2.5% during the third quarter. Brookstone Capital Management now owns 3,088 shares of the financial services provider’s stock valued at $515,000 after purchasing an additional 75 shares during the period. Finally, Foundations Investment Advisors LLC raised its stake in shares of FTAI Aviation by 3.5% during the third quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the financial services provider’s stock valued at $374,000 after purchasing an additional 76 shares in the last quarter. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

Shares of FTAI opened at $276.34 on Tuesday. The company has a debt-to-equity ratio of 10.32, a current ratio of 5.28 and a quick ratio of 2.30. The firm’s 50 day moving average is $268.71 and its 200-day moving average is $203.42. FTAI Aviation Ltd. has a 12-month low of $81.45 and a 12-month high of $323.51. The stock has a market capitalization of $28.34 billion, a P/E ratio of 59.81, a P/E/G ratio of 1.05 and a beta of 1.50.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results on Wednesday, February 25th. The financial services provider reported $1.08 EPS for the quarter, missing the consensus estimate of $1.22 by ($0.14). The business 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 firm’s revenue for the quarter was up 32.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.84 earnings per share. Equities 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 announced a dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 13th will be issued a $0.40 dividend. The ex-dividend date is Friday, March 13th. FTAI Aviation’s payout ratio is presently 30.30%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. BTIG Research increased their target price on shares of FTAI Aviation from $230.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Morgan Stanley upped their price target on shares of FTAI Aviation from $220.00 to $266.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Wolfe Research reiterated an “outperform” rating and issued a $225.00 price objective on shares of FTAI Aviation in a report on Wednesday, December 31st. Barclays raised their price objective on shares of FTAI Aviation from $260.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of FTAI Aviation in a research report 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. Based on data from MarketBeat, the stock currently 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.