Tidal Investments LLC Sells 2,572 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Tidal Investments LLC lowered its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 10.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,080 shares of the financial services provider's stock after selling 2,572 shares during the period. Tidal Investments LLC's holdings in FTAI Aviation were worth $3,036,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Ibex Wealth Advisors acquired a new stake in FTAI Aviation during the fourth quarter worth $3,518,000. Rhumbline Advisers boosted its stake in FTAI Aviation by 2.2% during the fourth quarter. Rhumbline Advisers now owns 142,072 shares of the financial services provider's stock worth $20,464,000 after buying an additional 3,121 shares in the last quarter. Verde Servicos Internacionais S.A. acquired a new stake in FTAI Aviation during the fourth quarter worth $9,776,000. Channing Capital Management LLC boosted its stake in FTAI Aviation by 15.0% during the fourth quarter. Channing Capital Management LLC now owns 61,531 shares of the financial services provider's stock worth $8,863,000 after buying an additional 8,023 shares in the last quarter. Finally, Vantage Investment Partners LLC lifted its holdings in shares of FTAI Aviation by 21.2% during the fourth quarter. Vantage Investment Partners LLC now owns 298,778 shares of the financial services provider's stock valued at $43,036,000 after acquiring an additional 52,207 shares during the period. Institutional investors and hedge funds own 88.96% of the company's stock.

Insider Buying and Selling

In other FTAI Aviation news, insider Stacy Kuperus acquired 1,087 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average cost of $92.90 per share, for a total transaction of $100,982.30. Following the transaction, the insider now owns 88,423 shares of the company's stock, valued at $8,214,496.70. This trade represents a 1.24% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO David Moreno acquired 6,580 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average price of $94.85 per share, with a total value of $624,113.00. Following the completion of the transaction, the chief operating officer now directly owns 231,623 shares in the company, valued at $21,969,441.55. This trade represents a 2.92% increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 10,667 shares of company stock worth $1,008,715 over the last three months. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Morgan Stanley cut their price objective on 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 FTAI Aviation to a "strong-buy" rating in a report on Thursday, May 8th. Stifel Nicolaus raised FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price objective for the company in a report on Friday, May 2nd. Citigroup reissued a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. Finally, JMP Securities cut their price objective on FTAI Aviation from $190.00 to $180.00 and set a "market outperform" rating for the company in a report on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, FTAI Aviation has an average rating of "Moderate Buy" and an average price target of $171.83.

FTAI Aviation Trading Up 3.4%

Shares of FTAI Aviation stock traded up $3.94 during trading on Tuesday, reaching $118.52. The company's stock had a trading volume of 247,981 shares, compared to its average volume of 1,790,145. The stock has a 50-day moving average price of $105.60 and a two-hundred day moving average price of $123.08. The stock has a market capitalization of $12.16 billion, a P/E ratio of -1,187.16 and a beta of 1.64. FTAI Aviation Ltd. has a one year low of $75.06 and a one year high of $181.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 EPS for the quarter, missing analysts' consensus estimates of $0.95 by ($0.08). FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. FTAI Aviation's revenue for the quarter was up 53.7% compared to the same quarter last year. During the same period last year, the business earned $0.31 earnings per share. As a group, sell-side analysts anticipate that FTAI Aviation Ltd. will post 2.2 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 16th were given a $0.30 dividend. The ex-dividend date was Friday, May 16th. This represents a $1.20 dividend on an annualized basis and a yield of 1.01%. FTAI Aviation's payout ratio is 571.43%.

FTAI Aviation Company 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.