J. Goldman & Co LP Acquires 8,136 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

J. Goldman & Co LP lifted its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 230,883 shares of the financial services provider's stock after purchasing an additional 8,136 shares during the quarter. FTAI Aviation accounts for 0.9% of J. Goldman & Co LP's holdings, making the stock its 26th largest position. J. Goldman & Co LP owned 0.23% of FTAI Aviation worth $33,256,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Barclays PLC grew its stake in FTAI Aviation by 73.5% during the third quarter. Barclays PLC now owns 214,610 shares of the financial services provider's stock worth $28,520,000 after buying an additional 90,905 shares in the last quarter. Harbour Capital Advisors LLC lifted its holdings in shares of FTAI Aviation by 13.2% during the 4th quarter. Harbour Capital Advisors LLC now owns 7,690 shares of the financial services provider's stock worth $1,164,000 after acquiring an additional 895 shares during the period. SeaCrest Wealth Management LLC lifted its holdings in shares of FTAI Aviation by 77.1% during the 4th quarter. SeaCrest Wealth Management LLC now owns 6,555 shares of the financial services provider's stock worth $944,000 after acquiring an additional 2,853 shares during the period. Park Avenue Securities LLC boosted its position in shares of FTAI Aviation by 8.5% during the 4th quarter. Park Avenue Securities LLC now owns 2,187 shares of the financial services provider's stock worth $315,000 after acquiring an additional 172 shares in the last quarter. Finally, USA Financial Formulas bought a new position in FTAI Aviation in the fourth quarter valued at approximately $93,000. 88.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on FTAI. StockNews.com raised FTAI Aviation to a "sell" rating in a report on Wednesday, April 23rd. Barclays reduced 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. Morgan Stanley lowered their target price 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. Royal Bank of Canada decreased their price target on shares of FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Finally, Citizens Jmp upgraded shares of FTAI Aviation to a "strong-buy" rating in a research report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $171.83.

FTAI Aviation Stock Up 0.2%

Shares of FTAI stock traded up $0.27 during trading hours on Friday, hitting $117.98. 1,513,687 shares of the company's stock traded hands, compared to its average volume of 1,781,564. The stock has a market cap of $12.10 billion, a PE ratio of -1,179.68 and a beta of 1.64. The stock's 50 day simple moving average is $103.93 and its 200 day simple moving average is $124.71. FTAI Aviation Ltd. has a 12 month low of $75.06 and a 12 month high of $181.64.

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 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 quarterly revenue was up 53.7% compared to the same quarter last year. During the same period last year, the company earned $0.31 earnings per share. As a group, equities research analysts expect that FTAI Aviation Ltd. will post 2.2 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

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

Insider Buying and Selling

In other news, insider Stacy Kuperus purchased 1,087 shares of the stock in a transaction on Friday, May 2nd. The stock was purchased at an average price of $92.90 per share, for a total transaction of $100,982.30. Following the acquisition, the insider now owns 88,423 shares in the company, valued at $8,214,496.70. This trade represents a 1.24% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Joseph P. Jr. Adams purchased 3,000 shares of the company's stock in a transaction dated Friday, May 2nd. The stock was purchased at an average price of $94.54 per share, for a total transaction of $283,620.00. Following the transaction, the chief executive officer now directly owns 341,852 shares in the company, valued at approximately $32,318,688.08. This trade represents a 0.89% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 10,667 shares of company stock valued at $1,008,715 over the last ninety days. 1.30% of the stock is owned by company insiders.

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.