FTAI Aviation Ltd. (NYSE:FTAI) Shares Purchased by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC grew its position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 1,543.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,512 shares of the financial services provider's stock after buying an additional 54,012 shares during the period. Schonfeld Strategic Advisors LLC owned 0.06% of FTAI Aviation worth $8,284,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Transce3nd LLC acquired a new position in shares of FTAI Aviation during the fourth quarter valued at about $29,000. Anchor Investment Management LLC acquired a new position in FTAI Aviation during the 3rd quarter valued at approximately $31,000. Private Trust Co. NA increased its stake in FTAI Aviation by 221.1% during the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 168 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of FTAI Aviation in the fourth quarter worth $36,000. Finally, Blue Trust Inc. acquired a new stake in shares of FTAI Aviation during the fourth quarter worth $56,000. Hedge funds and other institutional investors own 88.96% of the company's stock.

FTAI Aviation Stock Up 7.0 %

Shares of NYSE:FTAI traded up $7.08 during trading on Tuesday, reaching $107.83. 2,042,060 shares of the company's stock traded hands, compared to its average volume of 1,751,764. FTAI Aviation Ltd. has a fifty-two week low of $75.06 and a fifty-two week high of $181.64. The company has a 50-day simple moving average of $104.20 and a 200-day simple moving average of $126.11. The firm has a market cap of $11.06 billion, a PE ratio of -1,086.05 and a beta of 1.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 EPS for the quarter, missing the consensus estimate 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 for the quarter was up 53.7% on a year-over-year basis. During the same period last year, the business earned $0.31 earnings per share. On average, equities research analysts forecast that FTAI Aviation Ltd. will post 2.2 EPS 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 issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.11%. The ex-dividend date is Friday, May 16th. FTAI Aviation's payout ratio is presently 571.43%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on FTAI shares. Wolfe Research upgraded FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 target price for the company in a research note on Friday, January 10th. Morgan Stanley decreased their target price on FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Stifel Nicolaus upgraded shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price target on the stock in a report on Friday. Barclays decreased their price objective 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. Finally, Citigroup reaffirmed a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $167.83.

Insiders Place Their Bets

In related news, insider Stacy Kuperus purchased 1,087 shares of FTAI Aviation stock in a transaction that occurred 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 transaction, the insider now directly owns 88,423 shares in the company, valued at approximately $8,214,496.70. This trade represents a 1.24 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO David Moreno acquired 6,580 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average price of $94.85 per share, for a total transaction of $624,113.00. Following the completion of the acquisition, the chief operating officer now owns 231,623 shares in the company, valued at $21,969,441.55. The trade was a 2.92 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 10,667 shares of company stock worth $1,008,715. Company insiders own 1.60% 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.