FTAI Aviation Ltd. (NYSE:FTAI) Stock Holdings Lifted by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. boosted its holdings in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 27.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 147,753 shares of the financial services provider's stock after purchasing an additional 31,694 shares during the quarter. FTAI Aviation makes up 0.7% of Harbor Capital Advisors Inc.'s portfolio, making the stock its 11th biggest holding. Harbor Capital Advisors Inc. owned approximately 0.14% of FTAI Aviation worth $16,405,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Weybosset Research & Management LLC purchased a new position in shares of FTAI Aviation in the 1st quarter worth $9,185,000. Rhumbline Advisers grew its holdings in shares of FTAI Aviation by 9.3% during the 1st quarter. Rhumbline Advisers now owns 155,295 shares of the financial services provider's stock worth $17,242,000 after purchasing an additional 13,223 shares during the period. GAMMA Investing LLC raised its holdings in FTAI Aviation by 24,780.1% in the first quarter. GAMMA Investing LLC now owns 47,521 shares of the financial services provider's stock valued at $5,276,000 after buying an additional 47,330 shares during the period. Versant Capital Management Inc raised its holdings in FTAI Aviation by 420.9% in the first quarter. Versant Capital Management Inc now owns 224 shares of the financial services provider's stock valued at $25,000 after buying an additional 181 shares during the period. Finally, California State Teachers Retirement System raised its holdings in FTAI Aviation by 0.6% in the fourth quarter. California State Teachers Retirement System now owns 95,525 shares of the financial services provider's stock valued at $13,759,000 after buying an additional 603 shares during the period. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Stock Down 2.9%

NYSE FTAI traded down $3.60 on Tuesday, hitting $121.13. The stock had a trading volume of 1,120,081 shares, compared to its average volume of 1,775,404. The company's 50-day moving average is $107.40 and its two-hundred day moving average is $119.99. FTAI Aviation Ltd. has a one year low of $75.06 and a one year high of $181.64. The stock has a market cap of $12.42 billion, a price-to-earnings ratio of -1,211.18 and a beta of 1.66.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its earnings results on Wednesday, April 30th. The financial services provider reported $0.87 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.08). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. During the same period last year, the firm earned $0.31 earnings per share. The company's revenue for the quarter was up 53.7% compared to the same quarter last year. On average, sell-side analysts anticipate that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 16th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend was Friday, May 16th. FTAI Aviation's dividend payout ratio (DPR) is presently 571.43%.

Insider Buying and Selling

In related news, insider Stacy Kuperus acquired 1,087 shares of the business's stock in a transaction dated Friday, May 2nd. The stock was bought at an average price of $92.90 per share, for a total transaction of $100,982.30. Following the transaction, the insider now owns 88,423 shares of the company's stock, valued at approximately $8,214,496.70. The trade was a 1.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO David Moreno bought 6,580 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was bought at an average price of $94.85 per share, for a total transaction of $624,113.00. Following the completion of the acquisition, 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 ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 10,667 shares of company stock valued at $1,008,715 over the last quarter. Corporate insiders own 1.30% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on FTAI. Citizens Jmp raised FTAI Aviation to a "strong-buy" rating in a research report on Thursday, May 8th. Stifel Nicolaus raised shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 target price on the stock in a research report on Friday, May 2nd. Wall Street Zen raised shares of FTAI Aviation to a "sell" rating in a report on Wednesday, April 23rd. Citigroup reaffirmed a "buy" rating on shares of FTAI Aviation in a research note on Thursday, March 6th. Finally, Morgan Stanley cut their price objective on shares of FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a 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 assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus 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.