Asset Management One Co. Ltd. Increases Position in FTAI Aviation Ltd. $FTAI

Key Points

• Asset Management One increased its stake in FTAI by 51.7% in Q4, buying an additional 6,374 shares to hold 18,698 shares valued at $3.681 million.
• Institutional ownership is very high at 88.96%, with large positions held and recently expanded by firms including Capital International (13.9M shares), Capital World (6.32M), Rubric (3.39M) and Northern Right (885,675 shares).
• Sell-side sentiment is largely positive—11 analysts rate FTAI a Buy and 1 a Hold, with an average target of $295.78 and recent price-target increases (e.g., Barclays $350, BTIG $340).

Asset Management One Co. Ltd. boosted its holdings in shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 51.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,698 shares of the financial services provider's stock after acquiring an additional 6,374 shares during the period. Asset Management One Co. Ltd.'s holdings in FTAI Aviation were worth $3,681,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of FTAI. Capital International Investors boosted its holdings in FTAI Aviation by 0.7% in the 3rd quarter. Capital International Investors now owns 13,895,852 shares of the financial services provider's stock valued at $2,318,615,000 after purchasing an additional 94,383 shares during the last quarter. Capital World Investors lifted its holdings in shares of FTAI Aviation by 17.3% in the 3rd quarter. Capital World Investors now owns 6,320,565 shares of the financial services provider's stock worth $1,054,649,000 after acquiring an additional 933,944 shares during the last quarter. Rubric Capital Management LP lifted its holdings in shares of FTAI Aviation by 28.3% in the 2nd quarter. Rubric Capital Management LP now owns 3,394,080 shares of the financial services provider's stock worth $390,455,000 after acquiring an additional 749,080 shares during the last quarter. Westfield Capital Management Co. LP lifted its holdings in shares of FTAI Aviation by 11.2% in the 3rd quarter. Westfield Capital Management Co. LP now owns 2,130,241 shares of the financial services provider's stock worth $355,452,000 after acquiring an additional 214,830 shares during the last quarter. Finally, Northern Right Capital Management L.P. lifted its holdings in shares of FTAI Aviation by 884.1% in the 2nd quarter. Northern Right Capital Management L.P. now owns 885,675 shares of the financial services provider's stock worth $101,888,000 after acquiring an additional 795,675 shares during the last quarter. Hedge funds and other institutional investors own 88.96% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on FTAI shares. Weiss Ratings upgraded shares of FTAI Aviation from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 16th. Citigroup restated an "outperform" rating on shares of FTAI Aviation in a report on Thursday, January 29th. Wolfe Research reaffirmed an "outperform" rating and set a $225.00 target price on shares of FTAI Aviation in a research note on Wednesday, December 31st. BTIG Research upped their target price on shares of FTAI Aviation from $335.00 to $340.00 and gave the stock a "buy" rating in a research note on Friday, March 13th. Finally, Barclays upped their target price on shares of FTAI Aviation from $260.00 to $350.00 and gave the stock an "overweight" rating in a research note on Friday, February 27th. Eleven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $295.78.

FTAI Aviation Stock Performance

Shares of FTAI stock opened at $235.54 on Friday. The company has a current ratio of 5.28, a quick ratio of 2.30 and a debt-to-equity ratio of 10.32. The firm has a fifty day moving average price of $260.27 and a 200 day moving average price of $221.52. The company has a market cap of $24.16 billion, a P/E ratio of 50.98, a PEG ratio of 0.86 and a beta of 1.59. FTAI Aviation Ltd. has a 12 month low of $86.84 and a 12 month high of $323.51.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last posted its earnings results on Wednesday, February 25th. The financial services provider reported $1.08 EPS for the quarter, missing analysts' consensus estimates of $1.22 by ($0.14). The company had revenue of $662.03 million during the quarter, compared to analysts' expectations of $710.37 million. FTAI Aviation had a net margin of 19.98% and a return on equity of 257.07%. The company's quarterly revenue was up 32.7% on a year-over-year basis. During the same period last year, the business earned $0.84 earnings per share. Sell-side analysts predict that FTAI Aviation Ltd. will post 7.21 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Friday, March 13th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, March 13th. FTAI Aviation's dividend payout ratio (DPR) is 34.63%.

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.

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