Capital Fund Management S.A. Grows Stake in FTAI Aviation Ltd. $FTAI

Key Points

• Capital Fund Management S.A. increased its stake in FTAI Aviation Ltd. by 124.6%, acquiring an additional 44,714 shares to hold a total of 80,598 shares valued at approximately $8,949,000.
• Several analysts have recently given FTAI Aviation a buy rating, with price targets ranging from $123.00 to $205.00, and a current average target price of $179.50.
• FTAI Aviation reported earnings of $1.57 per share, surpassing estimates, and declared a quarterly dividend of $0.30 per share with an annualized yield of 0.8%.

Capital Fund Management S.A. raised its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 124.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 80,598 shares of the financial services provider's stock after purchasing an additional 44,714 shares during the quarter. Capital Fund Management S.A. owned approximately 0.08% of FTAI Aviation worth $8,949,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FTAI. Versant Capital Management Inc increased its position in shares of FTAI Aviation by 420.9% during the first quarter. Versant Capital Management Inc now owns 224 shares of the financial services provider's stock worth $25,000 after buying an additional 181 shares during the period. Virtus Fund Advisers LLC acquired a new position in FTAI Aviation in the fourth quarter valued at $26,000. Transce3nd LLC bought a new stake in FTAI Aviation during the fourth quarter valued at $29,000. Kapitalo Investimentos Ltda acquired a new stake in FTAI Aviation during the 4th quarter worth about $30,000. Finally, Rakuten Securities Inc. bought a new position in shares of FTAI Aviation in the 1st quarter worth about $34,000. Institutional investors and hedge funds own 88.96% of the company's stock.

Analyst Ratings Changes

FTAI has been the topic of a number of recent analyst reports. BTIG Research boosted their price objective on FTAI Aviation from $190.00 to $230.00 and gave the company a "buy" rating in a research note on Monday. Stifel Nicolaus upgraded FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 target price for the company in a report on Friday, May 2nd. Citigroup reissued a "buy" rating on shares of FTAI Aviation in a research note on Thursday, July 10th. Wall Street Zen raised shares of FTAI Aviation from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, Barclays lowered their price objective on shares of FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, FTAI Aviation has an average rating of "Buy" and an average target price of $182.83.

FTAI Aviation Trading Up 0.7%

NASDAQ FTAI traded up $1.10 during mid-day trading on Monday, hitting $148.81. The company's stock had a trading volume of 1,129,589 shares, compared to its average volume of 2,257,003. The company's 50 day simple moving average is $126.11 and its 200 day simple moving average is $116.50. FTAI Aviation Ltd. has a twelve month low of $75.06 and a twelve month high of $181.64. The firm has a market capitalization of $15.26 billion, a price-to-earnings ratio of 36.83 and a beta of 1.61.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.24. The firm had revenue of $676.24 million during the quarter, compared to analysts' expectations of $754.75 million. FTAI Aviation had a net margin of 21.31% and a return on equity of 465.13%. The business's revenue was up 52.4% on a year-over-year basis. During the same period last year, the company earned ($2.26) earnings per share. As a group, research analysts forecast that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 19th. Stockholders of record on Tuesday, August 12th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $1.20 annualized dividend and a dividend yield of 0.8%. FTAI Aviation's dividend payout ratio is 29.70%.

FTAI Aviation Company 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.