OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Takes $8.79 Million Position in FTAI Aviation Ltd. (NYSE:FTAI)

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 61,000 shares of the financial services provider's stock, valued at approximately $8,786,000. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.06% of FTAI Aviation as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Transce3nd LLC acquired a new stake in FTAI Aviation during the 4th quarter worth $29,000. Kapitalo Investimentos Ltda acquired a new stake in shares of FTAI Aviation during the fourth quarter worth about $30,000. Private Trust Co. NA grew its holdings in shares of FTAI Aviation by 221.1% during the fourth quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock worth $35,000 after buying an additional 168 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of FTAI Aviation during the fourth quarter worth about $36,000. Finally, Blue Trust Inc. acquired a new position in FTAI Aviation in the 4th quarter valued at about $56,000. 88.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. JMP Securities decreased their price objective on FTAI Aviation from $190.00 to $180.00 and set a "market outperform" rating for the company in a research report on Thursday, May 8th. Morgan Stanley dropped their price objective on shares of FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Barclays reduced their target price on shares of FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st. Citigroup reissued a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. Finally, StockNews.com raised FTAI Aviation to a "sell" rating in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $171.83.

FTAI Aviation Stock Up 0.2%

Shares of FTAI traded up $0.27 during mid-day trading on Friday, reaching $117.98. The company's stock had a trading volume of 1,514,177 shares, compared to its average volume of 1,787,360. FTAI Aviation Ltd. has a 1 year low of $75.06 and a 1 year high of $181.64. The business has a fifty day moving average of $103.93 and a 200 day moving average of $124.71. The company has a market cap of $12.10 billion, a price-to-earnings ratio of -1,179.68 and a beta of 1.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share (EPS) 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%. During the same period last year, the firm posted $0.31 EPS. The firm's revenue for the quarter was up 53.7% on a year-over-year basis. On average, analysts predict that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

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

Insider Transactions at FTAI Aviation

In other news, CEO Joseph P. Jr. Adams bought 3,000 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was acquired 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 of the company's stock, valued at $32,318,688.08. This trade represents a 0.89% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Stacy Kuperus acquired 1,087 shares of FTAI Aviation stock in a transaction on Friday, May 2nd. The stock was acquired at an average cost of $92.90 per share, for a total transaction of $100,982.30. Following the purchase, the insider now owns 88,423 shares of the company's stock, valued at approximately $8,214,496.70. This represents a 1.24% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 10,667 shares of company stock worth $1,008,715 over the last three months. 1.30% of the stock is currently owned by insiders.

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.