FTAI Aviation Ltd. $FTAI Shares Sold by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd reduced its stake in FTAI Aviation by 79.8% in the third quarter, selling 10,539 shares and ending the period with 2,676 shares valued at $447,000.
• Several large institutions — including Ensign Peak, Rubric Capital, DZ BANK and Norges Bank — built or increased multi‑million‑share positions, leaving institutional and hedge fund ownership at about 88.96%.
• FTAI missed the quarter with $1.08 EPS versus $1.22 expected and revenue of $662.0M versus $710.4M (revenue up 32.7% YoY), announced a $0.40 dividend, and holds a consensus Moderate Buy rating with a $292.22 target.

Dynamic Technology Lab Private Ltd reduced its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 79.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,676 shares of the financial services provider's stock after selling 10,539 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in FTAI Aviation were worth $447,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Ensign Peak Advisors Inc boosted its holdings in shares of FTAI Aviation by 67.4% during the second quarter. Ensign Peak Advisors Inc now owns 3,075,788 shares of the financial services provider's stock valued at $353,839,000 after acquiring an additional 1,238,294 shares during the period. Norges Bank bought a new position in shares of FTAI Aviation during the second quarter worth about $142,012,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of FTAI Aviation by 1,678.6% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,140,542 shares of the financial services provider's stock worth $131,208,000 after acquiring an additional 1,076,416 shares during the period. Northern Right Capital Management L.P. lifted its position in 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 valued at $101,888,000 after purchasing an additional 795,675 shares during the last quarter. Finally, Rubric Capital Management LP lifted its position in 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 valued at $390,455,000 after purchasing an additional 749,080 shares during the last quarter. 88.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on FTAI. Jefferies Financial Group restated a "buy" rating and issued a $350.00 target price on shares of FTAI Aviation in a research report on Monday, February 9th. Citizens Jmp lifted their price target on FTAI Aviation from $230.00 to $325.00 and gave the company a "market outperform" rating in a report on Thursday, January 29th. Weiss Ratings reiterated a "hold (c+)" rating on shares of FTAI Aviation in a research report on Monday, December 29th. Morgan Stanley increased their price objective on FTAI Aviation from $220.00 to $266.00 and gave the stock an "overweight" rating in a report on Tuesday, January 6th. Finally, Barclays raised their target price on FTAI Aviation from $260.00 to $350.00 and gave the company an "overweight" rating in a research report on Friday, February 27th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $292.22.

FTAI Aviation Trading Down 4.2%

Shares of FTAI stock opened at $259.91 on Thursday. The stock has a 50-day simple moving average of $271.46 and a 200 day simple moving average of $204.68. The stock has a market capitalization of $26.66 billion, a P/E ratio of 56.26, a P/E/G ratio of 1.10 and a beta of 1.50. FTAI Aviation Ltd. has a fifty-two week low of $81.45 and a fifty-two week high of $323.51. The company has a quick ratio of 2.30, a current ratio of 5.28 and a debt-to-equity ratio of 10.32.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $1.08 EPS for the quarter, missing the consensus estimate of $1.22 by ($0.14). FTAI Aviation had a return on equity of 257.07% and a net margin of 19.98%.The business had revenue of $662.03 million during the quarter, compared to the consensus estimate of $710.37 million. During the same quarter last year, the firm posted $0.84 earnings per share. FTAI Aviation's revenue was up 32.7% compared to the same quarter last year. On average, sell-side analysts expect that FTAI Aviation Ltd. will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 13th will be issued a $0.40 dividend. The ex-dividend date is Friday, March 13th. FTAI Aviation's payout ratio is presently 30.30%.

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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