FTAI Aviation Ltd. (NYSE:FTAI) Shares Acquired by Redwood Investments LLC

Redwood Investments LLC increased its position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 288.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 44,115 shares of the financial services provider's stock after buying an additional 32,769 shares during the quarter. FTAI Aviation comprises approximately 1.7% of Redwood Investments LLC's portfolio, making the stock its 14th largest position. Redwood Investments LLC's holdings in FTAI Aviation were worth $6,354,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Barclays PLC increased its holdings in FTAI Aviation by 73.5% in the 3rd quarter. Barclays PLC now owns 214,610 shares of the financial services provider's stock valued at $28,520,000 after purchasing an additional 90,905 shares during the last quarter. SeaCrest Wealth Management LLC increased its holdings in FTAI Aviation by 77.1% in the 4th quarter. SeaCrest Wealth Management LLC now owns 6,555 shares of the financial services provider's stock valued at $944,000 after purchasing an additional 2,853 shares during the last quarter. Park Avenue Securities LLC increased its holdings in FTAI Aviation by 8.5% in the 4th quarter. Park Avenue Securities LLC now owns 2,187 shares of the financial services provider's stock valued at $315,000 after purchasing an additional 172 shares during the last quarter. USA Financial Formulas acquired a new stake in FTAI Aviation in the 4th quarter valued at approximately $93,000. Finally, Householder Group Estate & Retirement Specialist LLC increased its holdings in FTAI Aviation by 5.4% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 9,067 shares of the financial services provider's stock valued at $1,306,000 after purchasing an additional 467 shares during the last quarter. Hedge funds and other institutional investors own 88.96% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on FTAI shares. Citigroup reiterated a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. Stifel Nicolaus upgraded shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 target price for the company in a report on Friday, May 2nd. JMP Securities dropped their target price on shares of FTAI Aviation from $190.00 to $180.00 and set a "market outperform" rating for the company in a report on Thursday, May 8th. StockNews.com upgraded shares of FTAI Aviation to a "sell" rating in a report on Wednesday, April 23rd. Finally, Morgan Stanley dropped their target price on shares of 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 issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $171.83.

Insider Buying and Selling

In related news, insider Stacy Kuperus purchased 1,087 shares of FTAI Aviation stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average cost of $92.90 per share, with a total value of $100,982.30. Following the completion of the transaction, the insider now directly owns 88,423 shares in the company, valued at approximately $8,214,496.70. The trade was a 1.24% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 bought at an average cost of $94.54 per share, with a total value of $283,620.00. Following the completion of the transaction, the chief executive officer now owns 341,852 shares of the company's stock, valued at $32,318,688.08. The trade was a 0.89% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 10,667 shares of company stock worth $1,008,715. Corporate insiders own 1.30% of the company's stock.

FTAI Aviation Stock Performance

Shares of NYSE:FTAI traded up $0.27 during trading on Friday, hitting $117.98. The company's stock had a trading volume of 1,514,177 shares, compared to its average volume of 1,787,964. The business has a 50 day moving average price of $104.18 and a two-hundred day moving average price of $124.39. The company has a market capitalization of $12.10 billion, a PE ratio of -1,179.68 and a beta of 1.64. FTAI Aviation Ltd. has a fifty-two week low of $75.06 and a fifty-two week high of $181.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last issued its 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%. FTAI Aviation's revenue was up 53.7% on a year-over-year basis. During the same quarter last year, the company posted $0.31 EPS. As a group, equities analysts expect that FTAI Aviation Ltd. will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The company also recently announced 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. The ex-dividend date is Friday, May 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.02%. FTAI Aviation's payout ratio is currently 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.