Diversified Trust Co Sells 18,169 Shares of FTAI Aviation Ltd. (NASDAQ:FTAI)

Diversified Trust Co reduced its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 77.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 5,294 shares of the financial services provider's stock after selling 18,169 shares during the period. Diversified Trust Co's holdings in FTAI Aviation were worth $588,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FTAI. Private Trust Co. NA increased its stake in FTAI Aviation by 221.1% in the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock valued at $35,000 after buying an additional 168 shares during the last quarter. Virtus Fund Advisers LLC bought a new position in shares of FTAI Aviation in the 4th quarter valued at about $26,000. Versant Capital Management Inc grew its holdings in shares of FTAI Aviation by 420.9% in the 1st quarter. Versant Capital Management Inc now owns 224 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 181 shares in the last quarter. Transce3nd LLC acquired a new stake in shares of FTAI Aviation in the fourth quarter valued at about $29,000. Finally, Kapitalo Investimentos Ltda bought a new stake in FTAI Aviation during the fourth quarter worth about $30,000. Institutional investors own 88.96% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Barclays decreased their target price 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. Stifel Nicolaus upgraded shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price objective on the stock in a research note on Friday, May 2nd. Royal Bank Of Canada dropped their target price on shares of FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Citizens Jmp upgraded shares of FTAI Aviation to a "strong-buy" rating in a research note on Thursday, May 8th. Finally, Morgan Stanley lowered their price target on FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $171.83.

Insider Buying and Selling at FTAI Aviation

In related news, insider Stacy Kuperus purchased 1,087 shares of FTAI Aviation stock in a transaction that occurred on Friday, May 2nd. The shares were acquired at an average price of $92.90 per share, with a total value of $100,982.30. Following the completion of the transaction, the insider directly owned 88,423 shares of the company's stock, valued at $8,214,496.70. This represents a 1.24% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joseph P. Jr. Adams acquired 3,000 shares of the stock in a transaction on Friday, May 2nd. The shares were bought at an average price of $94.54 per share, for a total transaction of $283,620.00. Following the purchase, the chief executive officer owned 341,852 shares in the company, 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. Company insiders own 1.30% of the company's stock.

FTAI Aviation Stock Performance

Shares of NASDAQ FTAI traded up $1.81 during trading hours on Friday, reaching $114.95. 961,130 shares of the stock were exchanged, compared to its average volume of 2,204,144. The firm has a market capitalization of $11.79 billion, a price-to-earnings ratio of 547.38 and a beta of 1.62. The stock's fifty day simple moving average is $117.31 and its 200 day simple moving average is $116.29. FTAI Aviation Ltd. has a 52 week low of $75.06 and a 52 week high of $181.64.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last posted its earnings results 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 438.32% and a net margin of 3.74%. The firm's revenue for the quarter was up 53.7% on a year-over-year basis. During the same period last year, the company posted $0.31 EPS. Research analysts predict that FTAI Aviation Ltd. will post 2.2 EPS for the current fiscal year.

FTAI Aviation Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 16th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Friday, May 16th. FTAI Aviation's dividend payout ratio (DPR) is 571.43%.

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.