MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $8.33 Million Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 57,803 shares of the financial services provider's stock after buying an additional 2,198 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.06% of FTAI Aviation worth $8,326,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FTAI. Transce3nd LLC bought a new stake in FTAI Aviation in the 4th quarter valued at $29,000. Kapitalo Investimentos Ltda bought a new stake in FTAI Aviation in the 4th quarter valued at $30,000. Private Trust Co. NA boosted its holdings in FTAI Aviation by 221.1% in the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 168 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in FTAI Aviation in the 4th quarter valued at $36,000. Finally, Blue Trust Inc. bought a new stake in FTAI Aviation in the 4th quarter valued at $56,000. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Trading Down 4.0%

Shares of FTAI Aviation stock traded down $4.78 during mid-day trading on Wednesday, reaching $114.52. 1,370,495 shares of the stock were exchanged, compared to its average volume of 1,785,896. The company has a market cap of $11.74 billion, a price-to-earnings ratio of -1,145.09 and a beta of 1.64. The firm has a 50-day simple moving average of $104.92 and a 200 day simple moving average of $124.14. FTAI Aviation Ltd. has a fifty-two week low of $75.06 and a fifty-two week high of $181.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share 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%. The business's revenue for the quarter was up 53.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.31 earnings per share. On average, research analysts predict 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 will be paid on Friday, May 23rd. Shareholders of record on Friday, May 16th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Friday, May 16th. FTAI Aviation's payout ratio is presently 571.43%.

Insider Buying and Selling at FTAI Aviation

In other news, COO David Moreno acquired 6,580 shares of FTAI Aviation stock in a transaction that occurred on Friday, May 2nd. The shares were acquired at an average price of $94.85 per share, with a total value of $624,113.00. Following the purchase, the chief operating officer now directly owns 231,623 shares of the company's stock, valued at $21,969,441.55. The trade was a 2.92% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Joseph P. Jr. Adams acquired 3,000 shares of FTAI Aviation stock in a transaction that occurred on Friday, May 2nd. The shares were purchased at an average cost of $94.54 per share, for a total transaction of $283,620.00. Following the purchase, the chief executive officer now directly owns 341,852 shares in the company, valued at $32,318,688.08. The trade was a 0.89% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 10,667 shares of company stock worth $1,008,715. 1.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FTAI has been the subject of a number of research reports. Morgan Stanley reduced their price target on shares of FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Citizens Jmp raised shares of FTAI Aviation to a "strong-buy" rating in a report on Thursday, May 8th. Citigroup reaffirmed a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. StockNews.com raised shares of FTAI Aviation to a "sell" rating in a report on Wednesday, April 23rd. Finally, Barclays reduced their price objective on shares of FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating for the company in a report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, FTAI Aviation presently has a consensus rating of "Moderate Buy" and an average price target of $171.83.

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.