6,592 Shares in FTAI Aviation Ltd. (NYSE:FTAI) Purchased by Crestline Management LP

Crestline Management LP purchased a new position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,592 shares of the financial services provider's stock, valued at approximately $950,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Transce3nd LLC purchased a new position in FTAI Aviation during the 4th quarter worth $29,000. Kapitalo Investimentos Ltda purchased a new position in FTAI Aviation during the 4th quarter worth $30,000. Private Trust Co. NA increased its holdings in FTAI Aviation by 221.1% during the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock worth $35,000 after purchasing an additional 168 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in FTAI Aviation during the 4th quarter worth $36,000. Finally, Blue Trust Inc. purchased a new position in FTAI Aviation during the 4th quarter worth $56,000. 88.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

FTAI has been the topic of several research reports. Barclays reduced their price objective on FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating on the stock in a report on Thursday, May 1st. JMP Securities reduced their price objective on FTAI Aviation from $190.00 to $180.00 and set a "market outperform" rating on the stock in a report on Thursday. Royal Bank of Canada cut their price target on FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Stifel Nicolaus upgraded FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price target on the stock in a report on Friday, May 2nd. Finally, StockNews.com upgraded FTAI Aviation to a "sell" rating in a report on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $171.83.

FTAI Aviation Stock Up 5.4%

Shares of FTAI Aviation stock traded up $5.83 during trading on Monday, reaching $112.96. The company's stock had a trading volume of 1,329,809 shares, compared to its average volume of 1,773,908. The company has a market cap of $11.58 billion, a price-to-earnings ratio of -1,129.49 and a beta of 1.64. FTAI Aviation Ltd. has a 1-year low of $75.06 and a 1-year high of $181.64. The company has a 50-day simple moving average of $103.06 and a two-hundred day simple moving average of $124.97.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.95 by ($0.08). FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. The company's revenue for the quarter was up 53.7% compared to the same quarter last year. During the same period last year, the firm posted $0.31 earnings per share. As a group, analysts anticipate that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 16th will be given a $0.30 dividend. The ex-dividend date is Friday, May 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.06%. FTAI Aviation's payout ratio is 571.43%.

Insider Transactions at FTAI Aviation

In other FTAI Aviation news, COO David Moreno purchased 6,580 shares of FTAI Aviation stock in a transaction on Friday, May 2nd. The stock was bought at an average cost of $94.85 per share, with a total value of $624,113.00. Following the transaction, the chief operating officer now owns 231,623 shares of the company's stock, valued at $21,969,441.55. This represents a 2.92% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Joseph P. Jr. Adams acquired 3,000 shares of the business's stock in a transaction dated Friday, May 2nd. The stock was acquired at an average price of $94.54 per share, for a total transaction of $283,620.00. Following the purchase, the chief executive officer now directly owns 341,852 shares of the company's stock, valued at approximately $32,318,688.08. This trade represents a 0.89% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 10,667 shares of company stock valued at $1,008,715 in the last quarter. 1.30% of the stock is currently owned by corporate insiders.

FTAI Aviation Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.