CFM Wealth Partners LLC Cuts Stake in FTAI Aviation Ltd. (NASDAQ:FTAI)

CFM Wealth Partners LLC trimmed its stake in FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 56.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,083 shares of the financial services provider's stock after selling 17,147 shares during the quarter. CFM Wealth Partners LLC's holdings in FTAI Aviation were worth $1,453,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FTAI. Capital International Investors boosted its holdings in shares of FTAI Aviation by 39.7% in the 4th quarter. Capital International Investors now owns 10,677,171 shares of the financial services provider's stock valued at $1,537,940,000 after purchasing an additional 3,034,838 shares during the last quarter. Vanguard Group Inc. boosted its holdings in FTAI Aviation by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 10,547,939 shares of the financial services provider's stock valued at $1,519,325,000 after acquiring an additional 184,730 shares during the last quarter. Hood River Capital Management LLC grew its position in FTAI Aviation by 8.0% during the fourth quarter. Hood River Capital Management LLC now owns 2,069,824 shares of the financial services provider's stock valued at $298,137,000 after acquiring an additional 153,909 shares during the period. Two Sigma Advisers LP increased its stake in FTAI Aviation by 24.5% during the fourth quarter. Two Sigma Advisers LP now owns 1,305,400 shares of the financial services provider's stock worth $188,030,000 after acquiring an additional 256,800 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of FTAI Aviation in the 4th quarter worth about $183,688,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Price Performance

NASDAQ:FTAI opened at $118.60 on Friday. The firm has a 50-day moving average of $115.50 and a two-hundred day moving average of $116.79. The stock has a market cap of $12.16 billion, a P/E ratio of 564.76 and a beta of 1.66. FTAI Aviation Ltd. has a 1-year low of $75.06 and a 1-year high of $181.64.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.87 EPS for the quarter, missing analysts' consensus estimates of $0.95 by ($0.08). FTAI Aviation had a net margin of 3.74% and a return on equity of 438.32%. During the same period in the previous year, the company posted $0.31 earnings per share. FTAI Aviation's quarterly revenue was up 53.7% on a year-over-year basis. As a group, equities analysts expect that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 16th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend was Friday, May 16th. FTAI Aviation's payout ratio is currently 571.43%.

Insider Transactions at FTAI Aviation

In related news, insider Stacy Kuperus acquired 1,087 shares of FTAI Aviation stock in a transaction on Friday, May 2nd. The shares were purchased at an average cost of $92.90 per share, for a total transaction of $100,982.30. Following the purchase, the insider now directly owns 88,423 shares of the company's stock, valued at $8,214,496.70. The trade was a 1.24% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO David Moreno bought 6,580 shares of the company's stock in a transaction dated 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 directly owns 231,623 shares in the company, valued at approximately $21,969,441.55. The trade was a 2.92% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 10,667 shares of company stock valued at $1,008,715. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

FTAI has been the subject of a number of research reports. JMP Securities decreased their target price on FTAI Aviation from $190.00 to $180.00 and set a "market outperform" rating for the company in a report on Thursday, May 8th. Royal Bank Of Canada decreased their price objective on shares of FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd. Stifel Nicolaus raised shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price objective for the company in a research report on Friday, May 2nd. Citigroup restated a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. Finally, Barclays decreased their price target on shares of FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating for the company in a research report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $171.83.

About FTAI Aviation

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.

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