FTAI Aviation Ltd. (NYSE:FTAI) Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 290.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,553 shares of the financial services provider's stock after buying an additional 35,363 shares during the period. Hsbc Holdings PLC's holdings in FTAI Aviation were worth $6,972,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Stifel Financial Corp increased its position in FTAI Aviation by 22.8% in the fourth quarter. Stifel Financial Corp now owns 60,592 shares of the financial services provider's stock worth $8,728,000 after buying an additional 11,240 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in FTAI Aviation by 19.7% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 32,337 shares of the financial services provider's stock worth $4,658,000 after purchasing an additional 5,324 shares in the last quarter. Transce3nd LLC purchased a new stake in shares of FTAI Aviation in the fourth quarter worth about $29,000. MetLife Investment Management LLC boosted its position in shares of FTAI Aviation by 6.3% during the 4th quarter. MetLife Investment Management LLC now owns 61,205 shares of the financial services provider's stock valued at $8,816,000 after acquiring an additional 3,646 shares during the last quarter. Finally, Curi RMB Capital LLC bought a new position in FTAI Aviation during the fourth quarter valued at $370,000. Hedge funds and other institutional investors own 88.96% of the company's stock.

Insider Buying and Selling at FTAI Aviation

In related news, CEO Joseph P. Jr. Adams purchased 3,000 shares of the firm's stock in a transaction 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 acquisition, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO David Moreno acquired 6,580 shares of the company's stock in a transaction dated 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 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 ownership of the stock. The disclosure for this purchase can be found here. 1.60% of the stock is owned by corporate insiders.

FTAI Aviation Price Performance

FTAI Aviation stock traded up $3.05 during midday trading on Friday, reaching $89.95. The company's stock had a trading volume of 4,384,396 shares, compared to its average volume of 1,743,133. FTAI Aviation Ltd. has a 52-week low of $75.06 and a 52-week high of $181.64. The stock has a market capitalization of $9.22 billion, a P/E ratio of -899.41 and a beta of 1.64. The stock's 50-day simple moving average is $105.00 and its 200-day simple moving average is $126.41.

FTAI Aviation (NYSE:FTAI - Get Free Report) last announced its quarterly earnings data 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 1.59% and a return on equity of 206.25%. FTAI Aviation's revenue was up 53.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.31 EPS. As a group, equities research analysts expect that FTAI Aviation Ltd. will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 16th will be given 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 yield of 1.33%. FTAI Aviation's dividend payout ratio is presently 571.43%.

Analyst Ratings Changes

FTAI has been the subject of several recent analyst reports. Stifel Nicolaus raised shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price objective for the company in a research note on Friday. Citigroup restated a "buy" rating on shares of FTAI Aviation in a research report on Thursday, March 6th. Morgan Stanley reduced their price target on FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. Wolfe Research upgraded FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price objective for the company in a report on Friday, January 10th. Finally, StockNews.com raised FTAI Aviation to a "sell" rating in a research report on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating and twelve have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $167.83.

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.