Quantinno Capital Management LP Increases Stock Holdings in FTAI Aviation Ltd. $FTAI

Key Points

• Quantinno Capital Management increased its FTAI Aviation position by 52.7% during the first quarter, owning 15,219 shares valued at approximately $3.73 million. Institutional investors collectively hold 88.96% of the company’s stock.
• FTAI Aviation reported quarterly revenue of $953.09 million, up 40.9% year over year, but earnings of $1.13 per share missed analysts’ $1.32 estimate. The company declared a $0.50 per-share dividend, payable August 24 to shareholders of record August 12.
• Analysts maintain a generally positive outlook, with nine Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $315.56, despite several recent target-price reductions.

Quantinno Capital Management LP raised its position in FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 52.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,219 shares of the financial services provider's stock after acquiring an additional 5,252 shares during the quarter. Quantinno Capital Management LP's holdings in FTAI Aviation were worth $3,729,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of FTAI. Root Financial Partners LLC increased its holdings in shares of FTAI Aviation by 40.9% in the first quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider's stock valued at $38,000 after purchasing an additional 45 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of FTAI Aviation by 1.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 4,454 shares of the financial services provider's stock worth $877,000 after purchasing an additional 52 shares during the period. MetLife Investment Management LLC lifted its holdings in shares of FTAI Aviation by 0.9% during the fourth quarter. MetLife Investment Management LLC now owns 6,578 shares of the financial services provider's stock worth $1,295,000 after purchasing an additional 57 shares during the period. SJS Investment Consulting Inc. grew its position in FTAI Aviation by 122.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider's stock valued at $26,000 after buying an additional 59 shares during the last quarter. Finally, Compound Planning Inc. increased its stake in FTAI Aviation by 2.7% in the 1st quarter. Compound Planning Inc. now owns 2,287 shares of the financial services provider's stock valued at $560,000 after buying an additional 60 shares during the period. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other FTAI Aviation news, President David Moreno purchased 2,475 shares of FTAI Aviation stock in a transaction on Friday, July 31st. The shares were bought at an average price of $201.27 per share, with a total value of $498,143.25. Following the completion of the acquisition, the president directly owned 199,490 shares of the company's stock, valued at approximately $40,151,352.30. This trade represents a 1.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Judith A. Hannaway sold 255 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total transaction of $64,741.95. Following the completion of the sale, the director owned 3,012 shares in the company, valued at $764,716.68. This represents a 7.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.35% of the company's stock.

FTAI Aviation Stock Performance

NASDAQ FTAI opened at $216.24 on Friday. FTAI Aviation Ltd. has a 1-year low of $134.49 and a 1-year high of $323.51. The company has a market capitalization of $22.21 billion, a P/E ratio of 47.01, a PEG ratio of 0.89 and a beta of 1.51. The business has a 50 day moving average price of $235.38 and a 200 day moving average price of $252.04. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.48.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last posted its earnings results on Wednesday, July 29th. The financial services provider reported $1.13 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.19). The firm had revenue of $953.09 million during the quarter. FTAI Aviation had a net margin of 15.94% and a return on equity of 139.59%. The business's revenue was up 40.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.57 earnings per share. Sell-side analysts expect that FTAI Aviation Ltd. will post 6.77 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, August 24th. Investors of record on Wednesday, August 12th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, August 12th. FTAI Aviation's dividend payout ratio is presently 34.78%.

Analysts Set New Price Targets

FTAI has been the subject of several recent analyst reports. Royal Bank Of Canada reduced their target price on shares of FTAI Aviation from $350.00 to $300.00 and set an "outperform" rating for the company in a research note on Monday, July 27th. Zacks Research lowered shares of FTAI Aviation from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft set a $290.00 price objective on shares of FTAI Aviation in a research report on Friday, July 31st. BTIG Research lowered their price objective on FTAI Aviation from $400.00 to $350.00 and set a "buy" rating on the stock in a report on Tuesday. Finally, Jefferies Financial Group reiterated a "buy" rating and set a $325.00 target price on shares of FTAI Aviation in a research report on Sunday, August 2nd. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $315.56.

About FTAI Aviation

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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