DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Buys 2,931 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 179.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,562 shares of the financial services provider's stock after buying an additional 2,931 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in FTAI Aviation were worth $657,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. Concentric Capital Strategies LP purchased a new stake in FTAI Aviation in the fourth quarter worth $15,360,000. Corton Capital Inc. increased its position in FTAI Aviation by 32.6% in the fourth quarter. Corton Capital Inc. now owns 2,001 shares of the financial services provider's stock worth $288,000 after buying an additional 492 shares during the last quarter. Crestline Management LP purchased a new stake in FTAI Aviation in the fourth quarter worth $950,000. Centiva Capital LP purchased a new stake in FTAI Aviation in the fourth quarter worth $295,000. Finally, Bridgefront Capital LLC increased its position in FTAI Aviation by 42.1% in the fourth quarter. Bridgefront Capital LLC now owns 5,492 shares of the financial services provider's stock worth $791,000 after buying an additional 1,628 shares during the last quarter. 88.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at FTAI Aviation

In other news, COO David Moreno purchased 6,580 shares of the company's stock in a transaction on Friday, May 2nd. The stock was purchased at an average price of $94.85 per share, with a total value of $624,113.00. Following the completion of the purchase, the chief operating officer now directly owns 231,623 shares in the company, valued at approximately $21,969,441.55. This trade represents a 2.92% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Stacy Kuperus bought 1,087 shares of the stock in a transaction dated Friday, May 2nd. The stock was bought at an average cost of $92.90 per share, with a total value of $100,982.30. Following the purchase, 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 position. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 10,667 shares of company stock valued at $1,008,715. Company insiders own 1.30% of the company's stock.

FTAI Aviation Stock Down 0.5%

NYSE:FTAI traded down $0.64 during trading hours on Thursday, hitting $117.71. 1,499,512 shares of the company's stock traded hands, compared to its average volume of 1,779,548. The firm has a market cap of $12.07 billion, a P/E ratio of -1,176.98 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. The business's fifty day simple moving average is $103.53 and its two-hundred day simple moving average is $124.88.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.08). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. FTAI Aviation's revenue for the quarter was up 53.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.31 EPS. On average, analysts expect that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 16th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.02%. The ex-dividend date is Friday, May 16th. FTAI Aviation's dividend payout ratio is 571.43%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Citigroup reaffirmed a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. Royal Bank of Canada cut their price target on FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. JMP Securities cut their price target 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. Citizens Jmp raised FTAI Aviation to a "strong-buy" rating in a report on Thursday, May 8th. Finally, Morgan Stanley cut their price target on FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating for the company in a report on Friday, April 11th. One research analyst has rated the stock with a sell rating, twelve have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, FTAI Aviation currently has a consensus 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.