Jefferies Financial Group Inc. Purchases 121,255 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Jefferies Financial Group Inc. raised its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 2,941.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 125,377 shares of the financial services provider's stock after purchasing an additional 121,255 shares during the period. Jefferies Financial Group Inc. owned 0.12% of FTAI Aviation worth $18,059,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FTAI. Capital International Investors boosted its holdings in FTAI Aviation by 39.7% in the fourth quarter. Capital International Investors now owns 10,677,171 shares of the financial services provider's stock worth $1,537,940,000 after purchasing an additional 3,034,838 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of FTAI Aviation by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 10,547,939 shares of the financial services provider's stock worth $1,519,325,000 after acquiring an additional 184,730 shares during the last quarter. Hood River Capital Management LLC boosted its stake in shares of FTAI Aviation by 8.0% during the 4th quarter. Hood River Capital Management LLC now owns 2,069,824 shares of the financial services provider's stock worth $298,137,000 after acquiring an additional 153,909 shares during the last quarter. Norges Bank purchased a new position in shares of FTAI Aviation during the 4th quarter worth $183,688,000. Finally, William Blair Investment Management LLC purchased a new position in shares of FTAI Aviation during the 4th quarter worth $174,372,000. Institutional investors own 88.96% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Citigroup restated a "buy" rating on shares of FTAI Aviation in a research note on Thursday, March 6th. StockNews.com upgraded shares of FTAI Aviation to a "sell" rating in a research note on Wednesday, April 23rd. Citizens Jmp upgraded shares of FTAI Aviation to a "strong-buy" rating in a research note on Thursday, May 8th. Barclays lowered their target price on shares of FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating on the stock in a research note on Thursday, May 1st. Finally, Stifel Nicolaus upgraded shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 target price on the stock in a research note on Friday, May 2nd. One research analyst has rated the stock with a sell rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, FTAI Aviation presently has an average rating of "Moderate Buy" and an average price target of $171.83.

Insider Transactions at FTAI Aviation

In other news, COO David Moreno purchased 6,580 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The shares were bought at an average cost of $94.85 per share, for a total transaction of $624,113.00. Following the acquisition, the chief operating officer now owns 231,623 shares of the company's stock, valued at approximately $21,969,441.55. This trade represents a 2.92% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Stacy Kuperus purchased 1,087 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The shares were purchased at an average price of $92.90 per share, for a total transaction of $100,982.30. Following the completion of the acquisition, the insider now directly 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. Insiders have acquired a total of 10,667 shares of company stock worth $1,008,715 in the last three months. Insiders own 1.30% of the company's stock.

FTAI Aviation Stock Up 0.5%

FTAI stock traded up $0.54 during mid-day trading on Wednesday, hitting $118.35. The company had a trading volume of 1,064,443 shares, compared to its average volume of 1,780,662. The company has a market capitalization of $12.14 billion, a price-to-earnings ratio of -1,183.38 and a beta of 1.64. FTAI Aviation Ltd. has a 12-month low of $75.06 and a 12-month high of $181.64. The company has a 50-day moving average price of $103.53 and a 200 day moving average price of $124.88.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted 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 return on equity of 206.25% and a net margin of 1.59%. During the same quarter in the prior year, the company earned $0.31 earnings per share. The business's revenue was up 53.7% compared to the same quarter last year. As a group, analysts expect that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 16th will be issued a $0.30 dividend. 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 1.01%. FTAI Aviation's dividend payout ratio (DPR) is presently 571.43%.

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.