Inceptionr LLC Has $1.19 Million Stake in FTAI Aviation Ltd. $FTAI

Key Points

• Inceptionr LLC sold 38.3% of its FTAI stake, reducing holdings by 4,438 shares to 7,140 shares worth $1.19 million, while institutional investors own about 88.96% of the stock.
• FTAI missed quarterly expectations, reporting $1.08 EPS vs. $1.22 expected and $662.0M revenue vs. $710.4M (revenue still up 32.7% year-over-year); the company also declared a $0.40/share dividend payable March 23 (ex-dividend March 13).
• Shares and analyst outlook: FTAI is trading down ~4.8%, with a 52-week range of $81.45–$323.51 and a $26.7B market cap, and analysts maintain a consensus "Moderate Buy" with an average price target of $292.22.

Inceptionr LLC cut its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 38.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,140 shares of the financial services provider's stock after selling 4,438 shares during the quarter. Inceptionr LLC's holdings in FTAI Aviation were worth $1,191,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FTAI. Mather Group LLC. acquired a new stake in shares of FTAI Aviation in the third quarter valued at about $28,000. Global Retirement Partners LLC lifted its stake in shares of FTAI Aviation by 880.0% in the third quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider's stock worth $57,000 after acquiring an additional 308 shares during the period. Assetmark Inc. boosted its holdings in FTAI Aviation by 15.8% in the second quarter. Assetmark Inc. now owns 638 shares of the financial services provider's stock valued at $73,000 after acquiring an additional 87 shares during the last quarter. GAMMA Investing LLC boosted its holdings in FTAI Aviation by 22.7% in the third quarter. GAMMA Investing LLC now owns 525 shares of the financial services provider's stock valued at $88,000 after acquiring an additional 97 shares during the last quarter. Finally, Rossby Financial LCC increased its position in FTAI Aviation by 13.6% during the 3rd quarter. Rossby Financial LCC now owns 543 shares of the financial services provider's stock valued at $94,000 after purchasing an additional 65 shares during the period. Institutional investors own 88.96% of the company's stock.

FTAI Aviation Trading Down 4.8%

Shares of FTAI stock opened at $260.35 on Monday. 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 debt-to-equity ratio of 10.32, a quick ratio of 2.30 and a current ratio of 5.28. The stock has a 50 day simple moving average of $266.64 and a two-hundred day simple moving average of $202.50. The company has a market cap of $26.70 billion, a P/E ratio of 56.35, a PEG ratio of 1.05 and a beta of 1.50.

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

FTAI Aviation Announces Dividend

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

Analyst Ratings Changes

Several research analysts have issued reports on FTAI shares. Morgan Stanley raised their price target on shares of FTAI Aviation from $220.00 to $266.00 and gave the stock an "overweight" rating in a report on Tuesday, January 6th. Weiss Ratings reiterated a "hold (c+)" rating on shares of FTAI Aviation in a research report on Monday, December 29th. Citigroup reissued an "outperform" rating on shares of FTAI Aviation in a research note on Thursday, January 29th. Citizens Jmp boosted their target price on shares of FTAI Aviation from $230.00 to $325.00 and gave the company a "market outperform" rating in a report on Thursday, January 29th. Finally, Zacks Research raised shares of FTAI Aviation from a "strong sell" rating to a "hold" rating in a research report on Friday, January 9th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $292.22.

FTAI Aviation Company Profile

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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