FTAI Aviation Ltd. (NYSE:FTAI) Shares Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. grew its position in FTAI Aviation Ltd. (NYSE:FTAI) by 2,941.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 125,377 shares of the financial services provider’s stock after purchasing an additional 121,255 shares during the period. Jefferies Financial Group Inc.’s holdings in FTAI Aviation were worth $18,059,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Transce3nd LLC acquired a new position in FTAI Aviation during the 4th quarter valued at about $29,000. Kapitalo Investimentos Ltda purchased a new position in shares of FTAI Aviation in the 4th quarter valued at approximately $30,000. Private Trust Co. NA boosted its stake in FTAI Aviation by 221.1% in the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 168 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in FTAI Aviation during the 4th quarter worth approximately $36,000. Finally, Blue Trust Inc. acquired a new position in FTAI Aviation during the 4th quarter valued at approximately $56,000. 88.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Morgan Stanley lowered their price objective on shares of FTAI Aviation from $168.00 to $138.00 and set an “overweight” rating for the company in a research note on Friday, April 11th. Citigroup reiterated a “buy” rating on shares of FTAI Aviation in a research note on Thursday, March 6th. JMP Securities reduced their price objective on FTAI Aviation from $190.00 to $180.00 and set a “market outperform” rating for the company in a research note on Thursday. Stifel Nicolaus upgraded FTAI Aviation from a “hold” rating to a “buy” rating and set a $123.00 target price on the stock in a research report on Friday, May 2nd. Finally, StockNews.com raised shares of FTAI Aviation to a “sell” rating in a research report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $171.83.

FTAI Aviation Stock Down 2.6 %

FTAI stock opened at $107.12 on Friday. FTAI Aviation Ltd. has a 52-week low of $75.06 and a 52-week high of $181.64. The company’s 50-day simple moving average is $103.06 and its 200-day simple moving average is $125.32. The firm has a market cap of $10.99 billion, a P/E ratio of -1,071.09 and a beta of 1.64.

FTAI Aviation (NYSE:FTAI) last announced its earnings results on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.08). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. During the same quarter last year, the business posted $0.31 earnings per share. The firm’s revenue for the quarter was up 53.7% compared to the same quarter last year. On average, analysts anticipate that FTAI Aviation Ltd. will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 16th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, May 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.12%. FTAI Aviation’s payout ratio is currently 571.43%.

Insider Activity

In other news, COO David Moreno acquired 6,580 shares of FTAI Aviation stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average cost of $94.85 per share, with a total value of $624,113.00. Following the purchase, the chief operating officer now owns 231,623 shares in the company, valued at $21,969,441.55. This trade represents a 2.92 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Stacy Kuperus bought 1,087 shares of the stock in a transaction on Friday, May 2nd. The shares were acquired at an average cost of $92.90 per share, for a total transaction of $100,982.30. Following the purchase, the insider now owns 88,423 shares in the company, valued at $8,214,496.70. The trade was a 1.24 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 10,667 shares of company stock worth $1,008,715 over the last quarter. 1.30% of the stock is currently owned by corporate insiders.

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.