Diversified Trust Co Increases Stock Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

Diversified Trust Co boosted its stake in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 79.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,463 shares of the financial services provider's stock after acquiring an additional 10,383 shares during the period. Diversified Trust Co's holdings in FTAI Aviation were worth $3,380,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FTAI. Commonwealth Equity Services LLC purchased a new position in shares of FTAI Aviation during the second quarter worth approximately $369,000. Rhumbline Advisers increased its stake in FTAI Aviation by 4.7% in the second quarter. Rhumbline Advisers now owns 143,741 shares of the financial services provider's stock valued at $14,838,000 after purchasing an additional 6,421 shares during the period. TD Asset Management Inc purchased a new stake in shares of FTAI Aviation in the second quarter valued at about $3,887,000. Victory Capital Management Inc. boosted its stake in shares of FTAI Aviation by 121.7% during the second quarter. Victory Capital Management Inc. now owns 115,236 shares of the financial services provider's stock worth $11,896,000 after buying an additional 63,258 shares during the period. Finally, Arizona State Retirement System grew its holdings in shares of FTAI Aviation by 1.9% during the second quarter. Arizona State Retirement System now owns 28,064 shares of the financial services provider's stock worth $2,897,000 after buying an additional 516 shares during the last quarter. Institutional investors and hedge funds own 88.96% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Stifel Nicolaus increased their price objective on FTAI Aviation from $156.00 to $167.00 and gave the stock a "buy" rating in a research report on Tuesday, December 31st. Compass Point raised their price objective on shares of FTAI Aviation from $175.00 to $181.00 and gave the company a "buy" rating in a research report on Tuesday, December 17th. Morgan Stanley reaffirmed an "underperform" rating on shares of FTAI Aviation in a report on Friday, October 18th. Barclays raised their price target on FTAI Aviation from $135.00 to $180.00 and gave the company an "overweight" rating in a report on Wednesday, December 4th. Finally, BTIG Research raised their target price on FTAI Aviation from $180.00 to $190.00 and gave the company a "buy" rating in a report on Tuesday, December 31st. Two research analysts have rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $176.18.

FTAI Aviation Stock Performance

FTAI stock traded up $8.87 on Wednesday, reaching $168.78. The company had a trading volume of 1,632,060 shares, compared to its average volume of 1,690,066. The company's fifty day moving average is $150.51 and its 200 day moving average is $130.36. The company has a market cap of $17.31 billion, a P/E ratio of -1,687.63 and a beta of 2.09. FTAI Aviation Ltd. has a 1 year low of $46.20 and a 1 year high of $177.18.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $465.80 million for the quarter, compared to analyst estimates of $422.45 million. During the same period in the previous year, the business earned $0.33 EPS. The firm's revenue was up 60.0% on a year-over-year basis. On average, sell-side analysts predict that FTAI Aviation Ltd. will post 2.21 earnings per share for the current year.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend was Thursday, November 14th. FTAI Aviation's dividend payout ratio is presently -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.