FTAI Aviation Ltd. (NYSE:FTAI) Shares Bought by Diversified Trust Co

Diversified Trust Co grew its holdings in FTAI Aviation Ltd. (NYSE:FTAI) by 79.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,463 shares of the financial services provider’s stock after buying an additional 10,383 shares during the quarter. Diversified Trust Co’s holdings in FTAI Aviation were worth $3,380,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Orion Portfolio Solutions LLC increased its stake in FTAI Aviation by 2.9% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider’s stock worth $483,000 after buying an additional 102 shares in the last quarter. MML Investors Services LLC increased its position in shares of FTAI Aviation by 6.3% during the third quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider’s stock worth $288,000 after purchasing an additional 129 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in 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 valued at $352,000 after purchasing an additional 145 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in FTAI Aviation by 118.1% in 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 in the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new stake in FTAI Aviation during the 3rd quarter worth $26,000. 88.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Barclays increased their target price on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft raised their target price on shares of FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Stifel Nicolaus upped their price target on FTAI Aviation from $156.00 to $167.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Citigroup lifted their price objective on FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $160.00 target price on shares of FTAI Aviation in a report on Friday, November 1st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $176.18.

FTAI Aviation Stock Up 1.2 %

FTAI opened at $159.91 on Wednesday. The firm has a market cap of $16.40 billion, a P/E ratio of -1,598.94 and a beta of 2.06. FTAI Aviation Ltd. has a 52 week low of $46.03 and a 52 week high of $177.18. The business has a fifty day simple moving average of $150.04 and a 200-day simple moving average of $130.09.

FTAI Aviation (NYSE:FTAI) last released 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 firm had revenue of $465.80 million during the quarter, compared to analyst estimates of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The business’s revenue was up 60.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 earnings per share. Sell-side analysts expect that FTAI Aviation Ltd. will post 2.21 earnings per share for the current year.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 0.75%. FTAI Aviation’s dividend payout ratio (DPR) is presently -1,199.88%.

About FTAI Aviation

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.