Capital International Inc. CA Has $48.50 Million Position in FTAI Aviation Ltd. $FTAI

Capital International Inc. CA boosted its holdings in FTAI Aviation Ltd. (NASDAQ:FTAI) by 10.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 246,385 shares of the financial services provider’s stock after buying an additional 23,959 shares during the period. Capital International Inc. CA’s holdings in FTAI Aviation were worth $48,501,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Capital Group Investment Management PTE. LTD. lifted its holdings in FTAI Aviation by 67.8% in the fourth quarter. Capital Group Investment Management PTE. LTD. now owns 17,254 shares of the financial services provider’s stock valued at $3,396,000 after buying an additional 6,971 shares during the period. Havemeyer Place LP acquired a new position in FTAI Aviation in the fourth quarter valued at approximately $1,643,000. Deltroit Asset Management UK LLP acquired a new position in FTAI Aviation in the fourth quarter valued at approximately $14,006,000. OneAscent Financial Services LLC acquired a new position in FTAI Aviation in the fourth quarter valued at approximately $221,000. Finally, Harvest Fund Management Co. Ltd acquired a new position in FTAI Aviation in the fourth quarter valued at approximately $220,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Stock Down 6.4%

Shares of NASDAQ:FTAI opened at $234.05 on Friday. FTAI Aviation Ltd. has a 52 week low of $108.47 and a 52 week high of $323.51. The company has a debt-to-equity ratio of 8.00, a quick ratio of 2.48 and a current ratio of 5.24. The company has a market capitalization of $24.01 billion, a PE ratio of 46.44, a PEG ratio of 0.94 and a beta of 1.47. The company has a 50 day moving average price of $248.70 and a two-hundred day moving average price of $238.06.

FTAI Aviation (NASDAQ:FTAI) last issued 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). FTAI Aviation had a net margin of 18.92% and a return on equity of 181.43%. The firm had revenue of $830.70 million during the quarter. During the same period in the previous year, the firm earned $0.87 earnings per share. The business’s quarterly revenue was up 65.4% on a year-over-year basis. Analysts forecast that FTAI Aviation Ltd. will post 6.77 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Wednesday, May 13th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. FTAI Aviation’s dividend payout ratio is currently 31.75%.

Insider Buying and Selling at FTAI Aviation

In other news, Director Martin Tuchman sold 67,500 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $241.99, for a total transaction of $16,334,325.00. Following the completion of the sale, the director owned 210,491 shares of the company’s stock, valued at $50,936,717.09. This represents a 24.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Judith A. Hannaway sold 255 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total transaction of $64,741.95. Following the sale, the director directly owned 3,012 shares of the company’s stock, valued at $764,716.68. This represents a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 254,515 shares of company stock valued at $61,599,445 in the last three months. 1.35% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on FTAI shares. Morgan Stanley restated an “overweight” rating and issued a $319.00 price objective on shares of FTAI Aviation in a report on Friday, May 8th. Barclays upped their target price on shares of FTAI Aviation from $260.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. BTIG Research upped their target price on shares of FTAI Aviation from $335.00 to $340.00 and gave the company a “buy” rating in a research note on Friday, March 13th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $400.00 target price on shares of FTAI Aviation in a research note on Sunday, May 3rd. Finally, Zacks Research downgraded shares of FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Ten equities 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 company has a consensus rating of “Moderate Buy” and an average target price of $326.88.

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.