FTAI Aviation Ltd. (NASDAQ:FTAI) Stock Position Increased by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC grew its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 18.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 41,572 shares of the financial services provider's stock after purchasing an additional 6,600 shares during the quarter. Joel Isaacson & Co. LLC's holdings in FTAI Aviation were worth $4,616,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Capital International Investors grew its position in FTAI Aviation by 39.7% during the 4th quarter. Capital International Investors now owns 10,677,171 shares of the financial services provider's stock worth $1,537,940,000 after purchasing an additional 3,034,838 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of FTAI Aviation by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 10,547,939 shares of the financial services provider's stock worth $1,519,325,000 after buying an additional 184,730 shares during the last quarter. Hood River Capital Management LLC increased its position in FTAI Aviation by 8.0% in the 4th quarter. Hood River Capital Management LLC now owns 2,069,824 shares of the financial services provider's stock valued at $298,137,000 after acquiring an additional 153,909 shares during the period. Two Sigma Advisers LP increased its position in 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 acquiring an additional 256,800 shares during the period. Finally, Norges Bank purchased a new stake in FTAI Aviation during the 4th quarter valued at approximately $183,688,000. Institutional investors and hedge funds own 88.96% of the company's stock.

Analyst Upgrades and Downgrades

FTAI has been the topic of a number of recent research reports. Morgan Stanley dropped their target price on FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. Stifel Nicolaus raised shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price objective on the stock in a research note on Friday, May 2nd. 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. Citizens Jmp upgraded shares of FTAI Aviation to a "strong-buy" rating in a research note on Thursday, May 8th. Finally, JMP Securities reduced their price objective on shares of FTAI Aviation from $190.00 to $180.00 and set a "market outperform" rating for the company in a research report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $171.83.

FTAI Aviation Trading Down 0.6%

NASDAQ:FTAI traded down $0.72 on Wednesday, hitting $113.14. 1,371,728 shares of the stock were exchanged, compared to its average volume of 2,513,985. The stock has a market cap of $11.60 billion, a PE ratio of 538.76 and a beta of 1.62. FTAI Aviation Ltd. has a fifty-two week low of $75.06 and a fifty-two week high of $181.64. The stock has a fifty day moving average of $116.49 and a 200-day moving average of $116.52.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last announced its quarterly 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 net margin of 3.74% and a return on equity of 438.32%. During the same quarter last year, the firm earned $0.31 EPS. FTAI Aviation's revenue was up 53.7% compared to the same quarter last year. As a group, analysts predict that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 16th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $1.20 dividend on an annualized basis and a yield of 1.06%. FTAI Aviation's dividend payout ratio (DPR) is 571.43%.

Insider Activity at FTAI Aviation

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

FTAI Aviation 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.