Prevail Innovative Wealth Advisors LLC Makes New $4.18 Million Investment in FTAI Aviation Ltd. $FTAI

Key Points

• Prevail Innovative Wealth Advisors bought 25,029 shares (~$4.18M) of FTAI Aviation in Q3, joining other large institutional buyers (Rubric, Ensign Peak, Westfield) and a new Norges Bank stake as institutional ownership sits at about 88.96%.
• FTAI missed the quarter on EPS ($1.08 vs. $1.22 expected) and revenue ($662.0M vs. $710.4M expected) despite revenue rising 32.7% YoY; the stock trades near $260 with a $26.7B market cap and a very high reported ROE (257%).
• The company announced a $0.40/share dividend (record Mar 13, pay Mar 23), and analysts are broadly positive—ten Buys and two Holds—with an average price target of $292.22 after several target upgrades up to $350.

Prevail Innovative Wealth Advisors LLC acquired a new position in FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,029 shares of the financial services provider's stock, valued at approximately $4,176,000.

Several other hedge funds have also bought and sold shares of the stock. Rubric Capital Management LP grew its stake in shares of FTAI Aviation by 28.3% during the 2nd quarter. Rubric Capital Management LP now owns 3,394,080 shares of the financial services provider's stock valued at $390,455,000 after acquiring an additional 749,080 shares during the period. Ensign Peak Advisors Inc grew its holdings in FTAI Aviation by 67.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 3,075,788 shares of the financial services provider's stock valued at $353,839,000 after buying an additional 1,238,294 shares in the last quarter. Frontier Capital Management Co. LLC grew its holdings in shares of FTAI Aviation by 5.9% in the second quarter. Frontier Capital Management Co. LLC now owns 2,144,625 shares of the financial services provider's stock valued at $246,718,000 after purchasing an additional 119,237 shares in the last quarter. Westfield Capital Management Co. LP raised its position in shares of FTAI Aviation by 11.2% during the 3rd quarter. Westfield Capital Management Co. LP now owns 2,130,241 shares of the financial services provider's stock valued at $355,452,000 after buying an additional 214,830 shares in the last quarter. Finally, Norges Bank purchased a new stake in FTAI Aviation during the second quarter valued at approximately $142,012,000. Institutional investors own 88.96% of the company's stock.

FTAI Aviation Trading Down 4.8%

Shares of FTAI Aviation stock opened at $260.35 on Friday. The company has a current ratio of 5.28, a quick ratio of 3.27 and a debt-to-equity ratio of 10.32. The firm's 50 day simple moving average is $266.64 and its two-hundred day simple moving average is $202.06. FTAI Aviation Ltd. has a 12-month low of $81.45 and a 12-month high of $323.51. The firm has a market capitalization of $26.70 billion, a price-to-earnings ratio of 56.35, a PEG ratio of 1.05 and a beta of 1.50.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last issued its 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). FTAI Aviation had a return on equity of 257.07% and a net margin of 19.98%.The firm had revenue of $662.03 million during the quarter, compared to analysts' expectations of $710.37 million. During the same quarter last year, the business earned $0.84 EPS. The business's revenue was up 32.7% on a year-over-year basis. Analysts predict that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Announces Dividend

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

Analyst Ratings Changes

Several brokerages have recently weighed in on FTAI. Royal Bank Of Canada increased their target price on shares of FTAI Aviation from $270.00 to $350.00 and gave the company an "outperform" rating in a research note on Monday, January 26th. Barclays lifted their target price on FTAI Aviation from $260.00 to $350.00 and gave the company an "overweight" rating in a research report on Friday, February 27th. BTIG Research raised their target price on shares of FTAI Aviation from $230.00 to $335.00 and gave the company a "buy" rating in a research report on Friday, January 23rd. Jefferies Financial Group restated a "buy" rating and issued a $350.00 price target on shares of FTAI Aviation in a report on Monday, February 9th. Finally, Morgan Stanley upped their price target on shares of FTAI Aviation from $220.00 to $266.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 6th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, FTAI Aviation currently has an average rating of "Moderate Buy" and an average price target of $292.22.

FTAI Aviation 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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