MML Investors Services LLC Purchases 129 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

MML Investors Services LLC increased its position in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 6.3% during the 3rd quarter, Holdings Channel reports. The firm owned 2,166 shares of the financial services provider’s stock after acquiring an additional 129 shares during the period. MML Investors Services LLC’s holdings in FTAI Aviation were worth $288,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FTAI. Oppenheimer & Co. Inc. boosted its stake in FTAI Aviation by 96.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,349 shares of the financial services provider’s stock worth $1,110,000 after purchasing an additional 4,106 shares during the period. Concurrent Investment Advisors LLC bought a new position in shares of FTAI Aviation during the third quarter worth $498,000. Diversified Trust Co bought a new position in shares of FTAI Aviation during the third quarter worth $1,738,000. Charles Schwab Investment Management Inc. grew its stake in FTAI Aviation by 3.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,047,572 shares of the financial services provider’s stock valued at $139,222,000 after acquiring an additional 35,888 shares in the last quarter. Finally, Carnegie Investment Counsel bought a new stake in FTAI Aviation in the 3rd quarter valued at $532,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Compass Point raised their price objective on FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Barclays lifted their price objective on FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. Morgan Stanley reiterated an “underperform” rating on shares of FTAI Aviation in a research report on Friday, October 18th. Benchmark boosted their price target on shares of FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of FTAI Aviation from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, FTAI Aviation presently has an average rating of “Moderate Buy” and an average price target of $168.45.

FTAI Aviation Trading Up 1.0 %

Shares of NYSE:FTAI opened at $129.38 on Thursday. FTAI Aviation Ltd. has a 12 month low of $44.65 and a 12 month high of $177.18. The company has a market capitalization of $13.27 billion, a price-to-earnings ratio of -1,293.67 and a beta of 2.06. The firm’s 50-day moving average is $150.05 and its 200 day moving average is $126.41.

FTAI Aviation (NYSE:FTAI) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.01). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The business had revenue of $465.80 million for the quarter, compared to the consensus estimate of $422.45 million. During the same period in the prior year, the company posted $0.33 EPS. The company’s quarterly revenue was up 60.0% compared to the same quarter last year. As a group, equities analysts forecast that FTAI Aviation Ltd. will post 2.21 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 0.93%. FTAI Aviation’s dividend payout ratio (DPR) is -1,200.00%.

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.