Universal Beteiligungs und Servicegesellschaft mbH Reduces Stock Position in FTAI Aviation Ltd. (NASDAQ:FTAI)

Universal Beteiligungs und Servicegesellschaft mbH cut its stake in FTAI Aviation Ltd. (NASDAQ:FTAI - Free Report) by 13.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,145 shares of the financial services provider's stock after selling 17,519 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.11% of FTAI Aviation worth $13,007,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FTAI. Choreo LLC lifted its holdings in shares of FTAI Aviation by 13.5% in the 1st quarter. Choreo LLC now owns 2,578 shares of the financial services provider's stock worth $286,000 after purchasing an additional 307 shares in the last quarter. GW&K Investment Management LLC bought a new position in FTAI Aviation during the 1st quarter valued at $30,963,000. Teachers Retirement System of The State of Kentucky lifted its stake in FTAI Aviation by 52.8% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 49,415 shares of the financial services provider's stock valued at $5,487,000 after acquiring an additional 17,078 shares in the last quarter. Mariner Investment Group LLC purchased a new stake in shares of FTAI Aviation during the 1st quarter valued at $1,110,000. Finally, IFP Advisors Inc increased its position in shares of FTAI Aviation by 115.5% during the 1st quarter. IFP Advisors Inc now owns 681 shares of the financial services provider's stock valued at $76,000 after purchasing an additional 365 shares during the last quarter. 88.96% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other FTAI Aviation news, COO David Moreno bought 6,580 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The shares were purchased at an average cost of $94.85 per share, for a total transaction of $624,113.00. Following the purchase, the chief operating officer directly owned 231,623 shares in the company, valued at $21,969,441.55. This represents a 2.92% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Stacy Kuperus bought 1,087 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The shares were acquired at an average price of $92.90 per share, for a total transaction of $100,982.30. Following the completion of the purchase, the insider owned 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 disclosure for this purchase can be found here. Insiders have acquired a total of 10,667 shares of company stock worth $1,008,715 in the last ninety days. 1.30% of the stock is owned by insiders.

FTAI Aviation Price Performance

Shares of NASDAQ:FTAI traded down $2.47 during trading on Monday, hitting $114.71. The company had a trading volume of 360,359 shares, compared to its average volume of 2,356,059. The stock has a market cap of $11.76 billion, a price-to-earnings ratio of 546.24 and a beta of 1.62. FTAI Aviation Ltd. has a one year low of $75.06 and a one year high of $181.64. The company has a fifty day simple moving average of $118.72 and a two-hundred day simple moving average of $112.96.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.95 by ($0.08). FTAI Aviation had a net margin of 3.74% and a return on equity of 438.32%. The company's revenue was up 53.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 EPS. On average, equities research analysts anticipate that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Dividend Announcement

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

Analyst Ratings Changes

FTAI has been the topic of a number of research reports. Citigroup restated a "buy" rating on shares of FTAI Aviation in a research note on Thursday, July 10th. Citizens Jmp upgraded FTAI Aviation to a "strong-buy" rating in a research note on Thursday, May 8th. Stifel Nicolaus upgraded FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price objective on the stock in a research note on Friday, May 2nd. Wall Street Zen upgraded FTAI Aviation to a "sell" rating in a research note on Wednesday, April 23rd. Finally, Barclays lowered their price objective on FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating on the stock in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $171.83.

About FTAI Aviation

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.