OneDigital Investment Advisors LLC Sells 397 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

OneDigital Investment Advisors LLC decreased its position in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 13.0% during the third quarter, Holdings Channel.com reports. The fund owned 2,663 shares of the financial services provider’s stock after selling 397 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in FTAI Aviation were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of FTAI. Foundations Investment Advisors LLC grew its stake in shares of FTAI Aviation by 5.8% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider’s stock worth $352,000 after buying an additional 145 shares in the last quarter. Farther Finance Advisors LLC increased its position in FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 189 shares during the period. KBC Group NV lifted its stake in shares of FTAI Aviation by 8.2% during the 3rd quarter. KBC Group NV now owns 2,705 shares of the financial services provider’s stock worth $359,000 after purchasing an additional 206 shares during the last quarter. Hsbc Holdings PLC boosted its stake in FTAI Aviation by 2.0% in the second quarter. Hsbc Holdings PLC now owns 11,255 shares of the financial services provider’s stock valued at $1,163,000 after acquiring an additional 216 shares in the last quarter. Finally, Xponance Inc. increased its holdings in shares of FTAI Aviation by 4.1% during the second quarter. Xponance Inc. now owns 6,275 shares of the financial services provider’s stock valued at $648,000 after acquiring an additional 248 shares in the last quarter. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Trading Up 2.2 %

NYSE FTAI opened at $174.96 on Friday. The company has a market capitalization of $17.94 billion, a PE ratio of -1,749.60 and a beta of 2.04. FTAI Aviation Ltd. has a 1-year low of $40.29 and a 1-year high of $176.01. The firm’s fifty day simple moving average is $143.40 and its 200-day simple moving average is $114.68.

FTAI Aviation (NYSE:FTAI) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.01). The company had revenue of $465.80 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 earnings per share. As a group, analysts predict that FTAI Aviation Ltd. will post 2.21 EPS for the current year.

FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 25th. Shareholders of record on Thursday, November 14th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.69%. The ex-dividend date is Thursday, November 14th. FTAI Aviation’s dividend payout ratio (DPR) is presently -1,200.00%.

Analyst Ratings Changes

FTAI has been the topic of several recent research reports. Compass Point upped their price objective on shares of FTAI Aviation from $118.00 to $156.00 and gave the company a “buy” rating in a report on Friday, September 27th. Benchmark increased their price objective on FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Morgan Stanley reiterated an “underperform” rating on shares of FTAI Aviation in a report on Friday, October 18th. Barclays upped their price target on FTAI Aviation from $110.00 to $135.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Finally, Jefferies Financial Group upped their price target on FTAI Aviation from $140.00 to $155.00 and gave the company a “buy” rating in a report on Monday, September 30th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock 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.