2,152 Shares in FTAI Aviation Ltd. (NYSE:FTAI) Acquired by Versor Investments LP

Versor Investments LP bought a new position in shares of FTAI Aviation Ltd. (NYSE:FTAI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,152 shares of the financial services provider’s stock, valued at approximately $286,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Lisanti Capital Growth LLC raised its position in FTAI Aviation by 1.3% in the 3rd quarter. Lisanti Capital Growth LLC now owns 74,825 shares of the financial services provider’s stock valued at $9,944,000 after purchasing an additional 930 shares during the last quarter. Chartwell Investment Partners LLC raised its position in FTAI Aviation by 0.8% in the 3rd quarter. Chartwell Investment Partners LLC now owns 34,068 shares of the financial services provider’s stock valued at $4,528,000 after purchasing an additional 276 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in FTAI Aviation in the 3rd quarter valued at $1,131,000. Colonial River Investments LLC bought a new position in FTAI Aviation in the 3rd quarter valued at $480,000. Finally, Axxcess Wealth Management LLC bought a new position in FTAI Aviation in the 3rd quarter valued at $479,000. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Up 0.5 %

Shares of NYSE:FTAI opened at $158.44 on Friday. The firm has a market cap of $16.25 billion, a P/E ratio of -1,584.24 and a beta of 2.04. FTAI Aviation Ltd. has a 12-month low of $40.29 and a 12-month high of $166.00. The business has a fifty day simple moving average of $139.08 and a 200 day simple moving average of $112.02.

FTAI Aviation (NYSE:FTAI) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.01). The company had revenue of $465.80 million for the quarter, compared to the consensus estimate of $422.45 million. FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. The firm’s revenue for the quarter was up 60.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.33 earnings per share. As a group, equities research analysts expect that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, November 14th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, November 14th. FTAI Aviation’s dividend payout ratio (DPR) is presently -1,199.88%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on FTAI shares. JMP Securities boosted their target price on FTAI Aviation from $90.00 to $132.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 25th. Stifel Nicolaus upgraded FTAI Aviation from a “hold” rating to a “buy” rating and boosted their target price for the stock from $69.00 to $132.00 in a research report on Friday, July 26th. Citigroup boosted their target price on FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Royal Bank of Canada restated an “outperform” rating and set a $160.00 target price on shares of FTAI Aviation in a research report on Friday, November 1st. Finally, Compass Point boosted their target price on FTAI Aviation from $118.00 to $156.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $162.09.

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.