FTAI Aviation Ltd. (NYSE:FTAI) Insider Stacy Kuperus Purchases 1,087 Shares

FTAI Aviation Ltd. (NYSE:FTAI) insider Stacy Kuperus bought 1,087 shares of the stock in a transaction on Friday, May 2nd. The shares were 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 in the company, valued at $8,214,496.70. The trade was a 1.24 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

FTAI Aviation Stock Performance

NYSE:FTAI opened at $100.75 on Tuesday. 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 moving average price of $104.20 and a 200 day moving average price of $126.11. The stock has a market capitalization of $10.33 billion, a P/E ratio of -1,007.40 and a beta of 1.64.

FTAI Aviation (NYSE:FTAI) last issued 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%. During the same period last year, the firm earned $0.31 earnings per share. FTAI Aviation’s revenue was up 53.7% on a year-over-year basis. Research analysts forecast that FTAI Aviation Ltd. will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The firm also recently declared 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 is Friday, May 16th. This represents a $1.20 annualized dividend and a dividend yield of 1.19%. FTAI Aviation’s dividend payout ratio is presently 571.43%.

Wall Street Analyst Weigh In

FTAI has been the topic of a number of recent research reports. Citigroup restated a “buy” rating on shares of FTAI Aviation in a research report on Thursday, March 6th. Morgan Stanley cut their price target on FTAI Aviation from $168.00 to $138.00 and set an “overweight” rating for the company in a report on Friday, April 11th. Royal Bank of Canada lowered their price objective on FTAI Aviation from $140.00 to $130.00 and set an “outperform” rating on the stock in a research note on Friday. StockNews.com raised FTAI Aviation to a “sell” rating in a research note on Wednesday, April 23rd. Finally, Barclays lowered their price target on shares of FTAI Aviation from $180.00 to $150.00 and set an “overweight” rating on the stock in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, FTAI Aviation has an average rating of “Moderate Buy” and an average price target of $167.83.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Merit Financial Group LLC grew its stake in shares of FTAI Aviation by 2.5% in the fourth quarter. Merit Financial Group LLC now owns 4,256 shares of the financial services provider’s stock worth $613,000 after acquiring an additional 105 shares in the last quarter. Amalgamated Bank boosted its holdings in FTAI Aviation by 3.5% in the first quarter. Amalgamated Bank now owns 3,518 shares of the financial services provider’s stock valued at $391,000 after purchasing an additional 120 shares during the period. CIBC Asset Management Inc grew its stake in FTAI Aviation by 4.5% during the 4th quarter. CIBC Asset Management Inc now owns 3,389 shares of the financial services provider’s stock worth $488,000 after purchasing an additional 147 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in FTAI Aviation by 7.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 2,405 shares of the financial services provider’s stock worth $346,000 after purchasing an additional 161 shares during the period. Finally, Private Trust Co. NA raised its position in FTAI Aviation by 221.1% in 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. Institutional investors and hedge funds own 88.96% 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.