EntryPoint Capital LLC Makes New $541,000 Investment in FTAI Aviation Ltd. $FTAI

Key Points

• EntryPoint Capital LLC has invested approximately $541,000 in FTAI Aviation Ltd., purchasing 4,876 shares during the first quarter.
• FTAI Aviation recently reported earnings higher than analysts' expectations, with $1.57 earnings per share, exceeding the consensus estimate of $1.33.
• FTAI Aviation declared a $0.30 quarterly dividend, representing an annual yield of 0.9%, with a payout ratio of 29.70%.

EntryPoint Capital LLC purchased a new stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 4,876 shares of the financial services provider's stock, valued at approximately $541,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FTAI. Wellington Management Group LLP lifted its holdings in shares of FTAI Aviation by 159.6% in the first quarter. Wellington Management Group LLP now owns 2,347,633 shares of the financial services provider's stock valued at $260,658,000 after purchasing an additional 1,443,440 shares in the last quarter. Shellback Capital LP purchased a new stake in FTAI Aviation in the 4th quarter valued at $76,510,000. Nuveen LLC purchased a new stake in FTAI Aviation in the 1st quarter valued at $41,789,000. GW&K Investment Management LLC bought a new position in FTAI Aviation during the 1st quarter valued at $30,963,000. Finally, Two Sigma Advisers LP lifted its stake in FTAI Aviation by 24.5% during the 4th quarter. Two Sigma Advisers LP now owns 1,305,400 shares of the financial services provider's stock valued at $188,030,000 after acquiring an additional 256,800 shares in the last quarter. 88.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on FTAI shares. Barclays reduced 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. Morgan Stanley upped their price objective on shares of FTAI Aviation from $138.00 to $175.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 20th. Citigroup reiterated a "buy" rating on shares of FTAI Aviation in a research note on Thursday, July 10th. JMP Securities boosted their target price on FTAI Aviation from $180.00 to $205.00 and gave the stock a "market outperform" rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen raised FTAI Aviation from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $182.83.

FTAI Aviation Stock Performance

NASDAQ FTAI traded down $0.71 during trading on Monday, hitting $147.00. 344,173 shares of the company's stock traded hands, compared to its average volume of 2,251,889. The stock has a market capitalization of $15.08 billion, a price-to-earnings ratio of 36.39 and a beta of 1.61. FTAI Aviation Ltd. has a 12-month low of $75.06 and a 12-month high of $181.64. The business has a 50 day moving average of $126.11 and a 200-day moving average of $116.50.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.24. The company had revenue of $676.24 million for the quarter, compared to analyst estimates of $754.75 million. FTAI Aviation had a net margin of 21.31% and a return on equity of 465.13%. The company's quarterly revenue was up 52.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($2.26) earnings per share. On average, analysts expect that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

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