Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in FTAI Aviation Ltd. (NYSE:FTAI)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 134,664 shares of the financial services provider's stock, valued at approximately $19,397,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.13% of FTAI Aviation at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in FTAI. Virtus Fund Advisers LLC bought a new position in shares of FTAI Aviation during the 4th quarter worth approximately $26,000. Transce3nd LLC bought a new stake in FTAI Aviation in the 4th quarter valued at $29,000. Kapitalo Investimentos Ltda bought a new stake in FTAI Aviation in the 4th quarter valued at $30,000. Private Trust Co. NA boosted its stake in FTAI Aviation by 221.1% in the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 168 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in FTAI Aviation in the 4th quarter valued at $36,000. 88.96% of the stock is currently owned by institutional investors.

Insider Transactions at FTAI Aviation

In other FTAI Aviation news, CEO Joseph P. Jr. Adams purchased 3,000 shares of the stock in a transaction dated Friday, May 2nd. The stock was bought at an average price of $94.54 per share, with a total value of $283,620.00. Following the acquisition, the chief executive officer now owns 341,852 shares of the company's stock, valued at approximately $32,318,688.08. This represents a 0.89% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Stacy Kuperus purchased 1,087 shares of the stock in a transaction dated Friday, May 2nd. The shares were acquired at an average cost of $92.90 per share, with a total value of $100,982.30. Following the acquisition, the insider now directly owns 88,423 shares in the company, valued at $8,214,496.70. This represents a 1.24% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 10,667 shares of company stock valued at $1,008,715. Corporate insiders own 1.60% of the company's stock.

FTAI Aviation Stock Down 0.6%

Shares of NYSE:FTAI traded down $0.70 during trading on Friday, reaching $117.05. 1,023,002 shares of the company traded hands, compared to its average volume of 1,782,479. The company's 50 day moving average is $106.15 and its two-hundred day moving average is $122.39. The firm has a market capitalization of $12.00 billion, a PE ratio of -1,170.38 and a beta of 1.64. FTAI Aviation Ltd. has a 52 week low of $75.06 and a 52 week high of $181.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings results 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%. During the same period last year, the firm posted $0.31 EPS. The business's revenue was up 53.7% on a year-over-year basis. As a group, research analysts anticipate that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 16th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, May 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.03%. FTAI Aviation's dividend payout ratio (DPR) is currently 571.43%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. 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 note on Friday, April 11th. 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 note on Friday, May 2nd. JMP Securities reduced their price target on FTAI Aviation from $190.00 to $180.00 and set a "market outperform" rating for the company in a research note on Thursday, May 8th. 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 note on Friday, May 2nd. Finally, Wall Street Zen upgraded FTAI Aviation to a "sell" rating in a research note on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $171.83.

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.