SG Americas Securities LLC Grows Stake in FTAI Aviation Ltd. $FTAI

Key Points

• SG Americas Securities LLC boosted its stake in FTAI by 88% in Q4 to 9,212 shares, worth about $1.81 million at the end of the period.
• FTAI reported Q4 EPS of $1.08, missing the $1.22 consensus, and revenue of $662.03M versus $710.37M expected, although revenue was up 32.7% year-over-year.
• Analyst sentiment has turned bullish with multiple upgrades and a consensus rating of Moderate Buy and an average target of $295.78; the company also pays a $0.40 quarterly dividend (~0.7% yield).

SG Americas Securities LLC increased its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 88.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 9,212 shares of the financial services provider's stock after acquiring an additional 4,311 shares during the period. SG Americas Securities LLC's holdings in FTAI Aviation were worth $1,813,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in shares of FTAI Aviation in the third quarter worth about $28,000. Global Retirement Partners LLC lifted its position in shares of FTAI Aviation by 880.0% in the 3rd quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider's stock worth $57,000 after buying an additional 308 shares during the last quarter. GAMMA Investing LLC lifted 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 worth $88,000 after acquiring an additional 97 shares during the last quarter. Rossby Financial LCC lifted its holdings in shares of FTAI Aviation by 13.6% in the 3rd quarter. Rossby Financial LCC now owns 543 shares of the financial services provider's stock worth $94,000 after purchasing an additional 65 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in FTAI Aviation by 11.0% in the third quarter. Assetmark Inc. now owns 708 shares of the financial services provider's stock valued at $118,000 after buying an additional 70 shares during the last quarter. Institutional investors and hedge funds own 88.96% of the company's stock.

FTAI Aviation Stock Performance

Shares of NASDAQ FTAI opened at $242.69 on Monday. The business has a 50-day moving average price of $266.48 and a two-hundred day moving average price of $214.45. The company has a current ratio of 5.28, a quick ratio of 2.30 and a debt-to-equity ratio of 10.32. The firm has a market capitalization of $24.89 billion, a PE ratio of 52.53, a PEG ratio of 0.92 and a beta of 1.59. FTAI Aviation Ltd. has a one year low of $81.45 and a one year high of $323.51.

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

FTAI Aviation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 13th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. FTAI Aviation's dividend payout ratio (DPR) is 34.63%.

Analyst Ratings Changes

FTAI has been the topic of a number of analyst reports. Weiss Ratings raised shares of FTAI Aviation from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 16th. Zacks Research raised shares of FTAI Aviation from a "strong sell" rating to a "hold" rating in a research note on Friday, January 9th. Barclays upped their price objective on FTAI Aviation from $260.00 to $350.00 and gave the company an "overweight" rating in a report on Friday, February 27th. Morgan Stanley raised their target price on shares of FTAI Aviation from $266.00 to $293.00 and gave the stock an "overweight" rating in a report on Tuesday, March 24th. Finally, BTIG Research lifted their price target on shares of FTAI Aviation from $335.00 to $340.00 and gave the stock a "buy" rating in a research report on Friday, March 13th. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $295.78.

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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