Sei Investments Co. Acquires 9,717 Shares of FTAI Aviation Ltd. $FTAI

Sei Investments Co. grew its holdings in FTAI Aviation Ltd. (NASDAQ:FTAI) by 11.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,201 shares of the financial services provider’s stock after buying an additional 9,717 shares during the period. Sei Investments Co.’s holdings in FTAI Aviation were worth $23,569,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. SJS Investment Consulting Inc. raised its stake in FTAI Aviation by 122.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 59 shares during the period. Meeder Asset Management Inc. boosted its position in FTAI Aviation by 142.2% during the first quarter. Meeder Asset Management Inc. now owns 109 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 64 shares during the period. Garton & Associates Financial Advisors LLC bought a new position in FTAI Aviation during the fourth quarter worth $30,000. Root Financial Partners LLC increased its holdings in shares of FTAI Aviation by 40.9% in the first quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 45 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of FTAI Aviation in the first quarter valued at $51,000. 88.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on FTAI shares. Weiss Ratings upgraded shares of FTAI Aviation from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Royal Bank Of Canada decreased their price target on shares of FTAI Aviation from $350.00 to $300.00 and set an “outperform” rating on the stock in a research note on Monday. Jefferies Financial Group reissued a “buy” rating and issued a $400.00 price target on shares of FTAI Aviation in a report on Sunday, May 3rd. Citizens Jmp started coverage on shares of FTAI Aviation in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 price objective for the company. Finally, BTIG Research boosted their price objective on FTAI Aviation from $340.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Ten research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $334.38.

Insider Activity

In other FTAI Aviation news, Director Judith A. Hannaway sold 255 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total value of $64,741.95. Following the completion of the sale, the director owned 3,012 shares of the company’s stock, valued at $764,716.68. The trade was a 7.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Martin Tuchman sold 67,500 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $241.99, for a total transaction of $16,334,325.00. Following the transaction, the director owned 210,491 shares in the company, valued at approximately $50,936,717.09. The trade was a 24.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 254,515 shares of company stock valued at $61,599,445 in the last quarter. Corporate insiders own 1.35% of the company’s stock.

FTAI Aviation Stock Down 0.8%

FTAI stock opened at $212.47 on Wednesday. FTAI Aviation Ltd. has a fifty-two week low of $113.43 and a fifty-two week high of $323.51. The company has a debt-to-equity ratio of 8.00, a current ratio of 5.24 and a quick ratio of 2.48. The stock has a market capitalization of $21.80 billion, a price-to-earnings ratio of 42.16, a PEG ratio of 0.86 and a beta of 1.46. The business’s fifty day moving average price is $241.54 and its two-hundred day moving average price is $254.28.

FTAI Aviation (NASDAQ:FTAI) last released its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.29 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.32). FTAI Aviation had a net margin of 18.92% and a return on equity of 181.43%. The business had revenue of $830.70 million during the quarter. During the same quarter in the previous year, the business earned $0.87 EPS. The business’s quarterly revenue was up 65.4% compared to the same quarter last year. On average, equities analysts anticipate that FTAI Aviation Ltd. will post 6.77 earnings per share for the current year.

FTAI Aviation Profile

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.