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19,292 Shares in FTAI Aviation Ltd. (NYSE:FTAI) Acquired by GF Fund Management CO. LTD.

FTAI Aviation logo with Aerospace background

GF Fund Management CO. LTD. purchased a new position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 19,292 shares of the financial services provider's stock, valued at approximately $2,779,000.

Other institutional investors have also modified their holdings of the company. Public Employees Retirement System of Ohio bought a new stake in shares of FTAI Aviation in the fourth quarter worth $61,000. GTS Securities LLC grew its holdings in FTAI Aviation by 52.4% during the 4th quarter. GTS Securities LLC now owns 2,656 shares of the financial services provider's stock worth $383,000 after acquiring an additional 913 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of FTAI Aviation by 68.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 269,970 shares of the financial services provider's stock worth $38,886,000 after purchasing an additional 110,127 shares during the last quarter. Virtus Fund Advisers LLC acquired a new stake in shares of FTAI Aviation in the 4th quarter valued at about $26,000. Finally, Two Sigma Advisers LP raised its stake in shares of FTAI Aviation by 24.5% in 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 purchasing an additional 256,800 shares in the last quarter. Institutional investors and hedge funds own 88.96% of the company's stock.

Insider Buying and Selling

In other FTAI Aviation news, CEO Joseph P. Jr. Adams bought 3,000 shares of FTAI Aviation stock in a transaction dated Friday, May 2nd. The stock was bought at an average price of $94.54 per share, for a total transaction of $283,620.00. Following the completion of the acquisition, the chief executive officer now directly owns 341,852 shares of the company's stock, valued at approximately $32,318,688.08. This trade represents a 0.89% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Stacy Kuperus purchased 1,087 shares of the stock in a transaction dated Friday, May 2nd. The shares were acquired at an average price of $92.90 per share, for a total transaction of $100,982.30. Following the acquisition, the insider now directly owns 88,423 shares of the company's stock, valued at $8,214,496.70. This represents a 1.24% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 10,667 shares of company stock worth $1,008,715 in the last three months. 1.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

FTAI has been the subject of several research analyst reports. Royal Bank of Canada lowered their price objective on FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Barclays dropped their price target on FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating on the stock in a research report on Thursday, May 1st. JMP Securities reduced their price objective on FTAI Aviation from $190.00 to $180.00 and set a "market outperform" rating on the stock in a research note on Thursday, May 8th. Citizens Jmp upgraded shares of FTAI Aviation to a "strong-buy" rating in a research note on Thursday, May 8th. Finally, Morgan Stanley dropped their target price 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 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 stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $171.83.

Check Out Our Latest Analysis on FTAI

FTAI Aviation Stock Performance

Shares of NYSE:FTAI traded down $1.35 during trading hours on Friday, hitting $116.40. 394,477 shares of the company's stock traded hands, compared to its average volume of 1,779,575. The company's fifty day simple moving average is $106.14 and its two-hundred day simple moving average is $122.70. The company has a market cap of $11.94 billion, a price-to-earnings ratio of -1,163.13 and a beta of 1.64. FTAI Aviation Ltd. has a 52 week low of $75.06 and a 52 week high of $181.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last issued 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 206.25% and a net margin of 1.59%. FTAI Aviation's revenue for the quarter was up 53.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.31 EPS. On average, analysts anticipate that FTAI Aviation Ltd. will post 2.2 EPS for the current fiscal 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 paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.03%. The ex-dividend date was Friday, May 16th. FTAI Aviation's dividend payout ratio is presently 571.43%.

About FTAI Aviation

(Free Report)

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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Institutional Ownership by Quarter for FTAI Aviation (NYSE:FTAI)

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