Themes Management Co LLC Takes $587,000 Position in FTAI Aviation Ltd. $FTAI

Themes Management Co LLC purchased a new stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,983 shares of the financial services provider’s stock, valued at approximately $587,000.

A number of other large investors have also made changes to their positions in the company. Capital International Investors raised its holdings in shares of FTAI Aviation by 0.7% during the third quarter. Capital International Investors now owns 13,895,852 shares of the financial services provider’s stock valued at $2,318,615,000 after acquiring an additional 94,383 shares during the period. Capital World Investors raised its holdings in shares of FTAI Aviation by 17.3% during the third quarter. Capital World Investors now owns 6,320,565 shares of the financial services provider’s stock valued at $1,054,649,000 after acquiring an additional 933,944 shares during the period. Rubric Capital Management LP grew its position in FTAI Aviation by 28.3% during the second quarter. Rubric Capital Management LP now owns 3,394,080 shares of the financial services provider’s stock valued at $390,455,000 after purchasing an additional 749,080 shares in the last quarter. Westfield Capital Management Co. LP grew its position in FTAI Aviation by 11.2% during the third quarter. Westfield Capital Management Co. LP now owns 2,130,241 shares of the financial services provider’s stock valued at $355,452,000 after purchasing an additional 214,830 shares in the last quarter. Finally, Northern Right Capital Management L.P. grew its position in FTAI Aviation by 884.1% during the second quarter. Northern Right Capital Management L.P. now owns 885,675 shares of the financial services provider’s stock valued at $101,888,000 after purchasing an additional 795,675 shares in the last quarter. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

FTAI stock opened at $252.13 on Tuesday. The company has a quick ratio of 2.48, a current ratio of 5.24 and a debt-to-equity ratio of 8.00. The company has a market capitalization of $25.86 billion, a price-to-earnings ratio of 50.03, a P/E/G ratio of 1.02 and a beta of 1.49. FTAI Aviation Ltd. has a 12 month low of $108.47 and a 12 month high of $323.51. The firm has a 50 day moving average of $246.50 and a two-hundred day moving average of $232.85.

FTAI Aviation (NASDAQ:FTAI) last posted its 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). The business had revenue of $830.70 million during the quarter. FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.The firm’s quarterly revenue was up 65.4% on a year-over-year basis. During the same period last year, the company earned $0.87 earnings per share. As a group, equities analysts anticipate that FTAI Aviation Ltd. will post 6.77 EPS for the current fiscal year.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 13th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, May 13th. FTAI Aviation’s payout ratio is currently 31.75%.

Wall Street Analysts Forecast Growth

FTAI has been the topic of a number of research analyst reports. Citigroup reaffirmed an “outperform” rating on shares of FTAI Aviation in a research report on Thursday, January 29th. Royal Bank Of Canada boosted their price objective on shares of FTAI Aviation from $270.00 to $350.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. BTIG Research boosted their price objective on shares of FTAI Aviation from $335.00 to $340.00 and gave the company a “buy” rating in a research report on Friday, March 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a $400.00 price objective on shares of FTAI Aviation in a research report on Sunday, May 3rd. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $319.00 price objective on shares of FTAI Aviation in a research report on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, FTAI Aviation has a consensus rating of “Moderate Buy” and a consensus target price of $326.88.

Insider Buying and Selling

In other FTAI Aviation news, Director Martin Tuchman sold 67,500 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $241.99, for a total value of $16,334,325.00. Following the completion of the sale, the director directly owned 210,491 shares of the company’s stock, valued at $50,936,717.09. The trade was a 24.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold 254,260 shares of company stock valued at $61,534,703 over the last ninety days. Insiders own 1.35% of the company’s stock.

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.