Quantinno Capital Management LP Raises Stock Holdings in FTAI Aviation Ltd. $FTAI

Quantinno Capital Management LP lifted its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 52.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,219 shares of the financial services provider’s stock after acquiring an additional 5,252 shares during the period. Quantinno Capital Management LP’s holdings in FTAI Aviation were worth $3,729,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FTAI. Capital World Investors lifted its holdings in FTAI Aviation by 41.1% in the 4th quarter. Capital World Investors now owns 8,916,830 shares of the financial services provider’s stock valued at $1,755,290,000 after purchasing an additional 2,596,265 shares in the last quarter. Rubric Capital Management LP grew its holdings in shares of FTAI Aviation by 10.1% during the fourth quarter. Rubric Capital Management LP now owns 3,700,000 shares of the financial services provider’s stock worth $728,345,000 after buying an additional 339,447 shares in the last quarter. Westfield Capital Management Co. LP grew its holdings in shares of FTAI Aviation by 10.3% during the fourth quarter. Westfield Capital Management Co. LP now owns 2,350,625 shares of the financial services provider’s stock worth $462,721,000 after buying an additional 220,384 shares in the last quarter. Geode Capital Management LLC raised its position in shares of FTAI Aviation by 3.7% in the fourth quarter. Geode Capital Management LLC now owns 2,004,963 shares of the financial services provider’s stock valued at $394,757,000 after buying an additional 71,271 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of FTAI Aviation by 1.2% during the fourth quarter. State Street Corp now owns 1,745,498 shares of the financial services provider’s stock valued at $343,601,000 after buying an additional 20,378 shares during the period. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Trading Down 2.3%

NASDAQ:FTAI opened at $216.24 on Friday. The business’s 50-day moving average is $235.38 and its two-hundred day moving average is $252.04. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.48. FTAI Aviation Ltd. has a 12 month low of $134.49 and a 12 month high of $323.51. The firm has a market capitalization of $22.21 billion, a PE ratio of 47.01, a price-to-earnings-growth ratio of 0.89 and a beta of 1.51.

FTAI Aviation (NASDAQ:FTAI) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $1.13 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.19). FTAI Aviation had a return on equity of 139.59% and a net margin of 15.94%.The company had revenue of $953.09 million during the quarter. During the same period last year, the firm earned $1.57 earnings per share. FTAI Aviation’s revenue for the quarter was up 40.9% on a year-over-year basis. Research analysts predict that FTAI Aviation Ltd. will post 6.77 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, August 24th. Shareholders of record on Wednesday, August 12th will be issued a $0.50 dividend. The ex-dividend date is Wednesday, August 12th. FTAI Aviation’s dividend payout ratio is currently 34.78%.

Analyst Ratings Changes

A number of analysts recently issued reports on FTAI shares. Weiss Ratings lowered shares of FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft set a $290.00 price target on FTAI Aviation in a research note on Friday, July 31st. Zacks Research downgraded FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Morgan Stanley reiterated an “overweight” rating and issued a $319.00 target price on shares of FTAI Aviation in a research note on Friday, May 8th. Finally, Royal Bank Of Canada decreased their price target on FTAI Aviation from $350.00 to $300.00 and set an “outperform” rating on the stock in a research note on Monday, July 27th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $315.56.

Insider Buying and Selling

In other news, President David Moreno acquired 2,475 shares of the stock in a transaction on Friday, July 31st. The stock was bought at an average price of $201.27 per share, with a total value of $498,143.25. Following the completion of the transaction, the president directly owned 199,490 shares of the company’s stock, valued at $40,151,352.30. The trade was a 1.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Judith A. Hannaway sold 255 shares of FTAI Aviation stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total transaction of $64,741.95. Following the sale, the director owned 3,012 shares in the company, valued at $764,716.68. This represents a 7.81% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.35% of the stock is owned by corporate insiders.

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.