FTAI Aviation Ltd. (NYSE:FTAI) Position Boosted by Two Sigma Advisers LP

Two Sigma Advisers LP raised its stake in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 24.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,305,400 shares of the financial services provider's stock after acquiring an additional 256,800 shares during the period. Two Sigma Advisers LP owned 1.27% of FTAI Aviation worth $188,030,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Transce3nd LLC acquired a new stake in shares of FTAI Aviation in the 4th quarter worth about $29,000. Kapitalo Investimentos Ltda acquired a new stake in shares of FTAI Aviation in the 4th quarter worth about $30,000. Private Trust Co. NA increased its holdings in shares of FTAI Aviation by 221.1% in the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock worth $35,000 after acquiring an additional 168 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of FTAI Aviation in the 4th quarter worth about $36,000. Finally, Blue Trust Inc. acquired a new stake in shares of FTAI Aviation in the 4th quarter worth about $56,000. Institutional investors and hedge funds own 88.96% of the company's stock.

FTAI Aviation Stock Performance

NYSE FTAI traded up $1.65 on Friday, reaching $114.58. The company's stock had a trading volume of 1,205,371 shares, compared to its average volume of 1,791,366. FTAI Aviation Ltd. has a twelve month low of $75.06 and a twelve month high of $181.64. The stock has a market cap of $11.75 billion, a PE ratio of -1,145.69 and a beta of 1.64. The firm's 50 day moving average is $105.49 and its two-hundred day moving average is $123.74.

FTAI Aviation (NYSE:FTAI - Get Free Report) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share (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%. The company's revenue was up 53.7% compared to the same quarter last year. During the same period last year, the firm earned $0.31 earnings per share. Equities research analysts anticipate that FTAI Aviation Ltd. will post 2.2 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 16th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date was Friday, May 16th. FTAI Aviation's payout ratio is 571.43%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on FTAI. Stifel Nicolaus upgraded FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price target for the company in a research report on Friday, May 2nd. Morgan Stanley reduced their price target on FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Royal Bank of Canada reduced their price target on FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Wall Street Zen upgraded FTAI Aviation to a "sell" rating in a research report on Wednesday, April 23rd. Finally, Citigroup reiterated a "buy" rating on shares of FTAI Aviation in a research note on Thursday, March 6th. One 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 MarketBeat, FTAI Aviation currently has an average rating of "Moderate Buy" and a consensus price target of $171.83.

Insider Buying and Selling

In other news, insider Stacy Kuperus purchased 1,087 shares of FTAI Aviation stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average price of $92.90 per share, for a total transaction of $100,982.30. Following the transaction, the insider now owns 88,423 shares in the company, valued at $8,214,496.70. The trade was a 1.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Joseph P. Jr. Adams purchased 3,000 shares of FTAI Aviation stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average price of $94.54 per share, with a total value of $283,620.00. Following the transaction, the chief executive officer now owns 341,852 shares in the company, valued at $32,318,688.08. This represents a 0.89% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 10,667 shares of company stock worth $1,008,715 in the last three months. 1.30% of the stock is currently owned by insiders.

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.