FTAI Aviation Ltd. (NYSE:FTAI) Shares Purchased by Pathstone Holdings LLC

Pathstone Holdings LLC lifted its stake in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,890 shares of the financial services provider's stock after purchasing an additional 2,469 shares during the period. Pathstone Holdings LLC owned about 0.05% of FTAI Aviation worth $7,618,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FTAI. Capital International Investors boosted its stake in shares of FTAI Aviation by 39.7% in the 4th quarter. Capital International Investors now owns 10,677,171 shares of the financial services provider's stock valued at $1,537,940,000 after buying an additional 3,034,838 shares during the period. Norges Bank purchased a new position in FTAI Aviation in the fourth quarter worth approximately $183,688,000. William Blair Investment Management LLC acquired a new position in FTAI Aviation during the 4th quarter worth approximately $174,372,000. Newbrook Capital Advisors LP increased its position in shares of FTAI Aviation by 60.7% in the 4th quarter. Newbrook Capital Advisors LP now owns 629,150 shares of the financial services provider's stock valued at $90,623,000 after purchasing an additional 237,547 shares during the last quarter. Finally, Clearbridge Investments LLC increased its position in shares of FTAI Aviation by 104.3% in the 4th quarter. Clearbridge Investments LLC now owns 463,411 shares of the financial services provider's stock valued at $66,750,000 after purchasing an additional 236,556 shares during the last quarter. 88.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. JMP Securities lowered 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 research note on Thursday, May 8th. Barclays lowered their price objective on FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating for the company in a research report on Thursday, May 1st. Citigroup reissued a "buy" rating on shares of FTAI Aviation in a research report on Thursday, March 6th. Stifel Nicolaus upgraded FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 target price for the company in a research note on Friday, May 2nd. Finally, Morgan Stanley dropped their price target 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. 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $171.83.

FTAI Aviation Price Performance

Shares of FTAI traded up $4.42 during mid-day trading on Monday, reaching $122.40. 1,165,281 shares of the company's stock were exchanged, compared to its average volume of 1,785,475. The business's fifty day simple moving average is $104.56 and its 200-day simple moving average is $124.18. The stock has a market capitalization of $12.55 billion, a PE ratio of -1,223.88 and a beta of 1.64. FTAI Aviation Ltd. has a 52-week low of $75.06 and a 52-week high of $181.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate 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 previous year, the company earned $0.31 EPS. The business's revenue for the quarter was up 53.7% on a year-over-year basis. Equities research analysts predict that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 16th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.98%. The ex-dividend date is Friday, May 16th. FTAI Aviation's dividend payout ratio (DPR) is presently 571.43%.

Insider Buying and Selling at FTAI Aviation

In related news, COO David Moreno bought 6,580 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were acquired at an average price of $94.85 per share, with a total value of $624,113.00. Following the completion of the acquisition, the chief operating officer now owns 231,623 shares in the company, valued at approximately $21,969,441.55. This trade represents a 2.92% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Stacy Kuperus purchased 1,087 shares of the business's stock in a transaction dated Friday, May 2nd. The shares were bought at an average price of $92.90 per share, with a total value of $100,982.30. Following the purchase, the insider now directly owns 88,423 shares of the company's stock, valued at approximately $8,214,496.70. The trade was a 1.24% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 10,667 shares of company stock valued at $1,008,715 in the last ninety days. Insiders own 1.30% of the company's stock.

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.