Fiducient Advisors LLC Buys New Position in FTAI Aviation Ltd. $FTAI

Fiducient Advisors LLC bought a new stake in FTAI Aviation Ltd. (NASDAQ:FTAI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,580 shares of the financial services provider’s stock, valued at approximately $508,000.

A number of other institutional investors and hedge funds have also bought and sold shares of FTAI. Capital World Investors raised its stake in FTAI Aviation by 17.3% in 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 purchasing an additional 933,944 shares in the last quarter. Northern Right Capital Management L.P. raised its stake in shares of 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 worth $101,888,000 after acquiring an additional 795,675 shares in the last quarter. Rubric Capital Management LP raised its stake in shares of 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 worth $390,455,000 after acquiring an additional 749,080 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of FTAI Aviation by 396.7% during the third quarter. JPMorgan Chase & Co. now owns 831,414 shares of the financial services provider’s stock worth $138,730,000 after acquiring an additional 664,037 shares in the last quarter. Finally, Oaktree Capital Management LP purchased a new position in shares of FTAI Aviation during the third quarter worth approximately $97,642,000. 88.96% of the stock is owned by hedge funds and other institutional investors.

FTAI Aviation Stock Up 5.0%

Shares of NASDAQ FTAI opened at $262.78 on Friday. The company has a quick ratio of 2.48, a current ratio of 5.24 and a debt-to-equity ratio of 8.00. FTAI Aviation Ltd. has a 52 week low of $108.47 and a 52 week high of $323.51. The firm’s fifty day moving average is $247.93 and its 200 day moving average is $234.81. The company has a market cap of $26.96 billion, a price-to-earnings ratio of 52.14, a PEG ratio of 1.01 and a beta of 1.49.

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 return on equity of 181.43% and a net margin of 18.92%.The firm had revenue of $830.70 million during the quarter. During the same quarter last year, the firm posted $0.87 earnings per share. The firm’s revenue for the quarter was up 65.4% compared to the same quarter last year. On average, equities research analysts expect that FTAI Aviation Ltd. will post 6.77 earnings per share for the current year.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Wednesday, May 13th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 13th. FTAI Aviation’s payout ratio is presently 31.75%.

Insider Activity at FTAI Aviation

In related news, Director Martin Tuchman sold 143,584 shares of FTAI Aviation stock in a transaction on Friday, May 1st. The shares were sold at an average price of $242.44, for a total value of $34,810,504.96. Following the transaction, the director directly owned 236,302 shares of the company’s stock, valued at $57,289,056.88. The trade was a 37.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 254,260 shares of company stock valued at $61,534,703 over the last quarter. 1.35% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have commented on FTAI shares. Citizens Jmp lifted their price target on shares of FTAI Aviation from $230.00 to $325.00 and gave the stock a “market outperform” rating in a research note on Thursday, January 29th. Barclays lifted their price target on shares of FTAI Aviation from $260.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Citigroup reissued an “outperform” rating on shares of FTAI Aviation in a research note on Thursday, January 29th. Weiss Ratings raised shares of FTAI Aviation from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. 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 analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, FTAI Aviation currently has an average 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.