Verde Servicos Internacionais S.A. Makes New $9.78 Million Investment in FTAI Aviation Ltd. (NYSE:FTAI)

Verde Servicos Internacionais S.A. purchased a new position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 67,867 shares of the financial services provider's stock, valued at approximately $9,776,000. FTAI Aviation comprises approximately 4.2% of Verde Servicos Internacionais S.A.'s investment portfolio, making the stock its 11th biggest holding. Verde Servicos Internacionais S.A. owned approximately 0.07% of FTAI Aviation as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FTAI. Brown Brothers Harriman & Co. bought a new stake in shares of FTAI Aviation in the third quarter valued at approximately $26,000. Anchor Investment Management LLC bought a new stake in shares of FTAI Aviation in the third quarter valued at approximately $31,000. Farther Finance Advisors LLC raised its position in shares of FTAI Aviation by 118.1% in the third 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. USA Financial Formulas bought a new stake in shares of FTAI Aviation in the fourth quarter valued at approximately $93,000. Finally, Everence Capital Management Inc. bought a new stake in FTAI Aviation during the 4th quarter worth approximately $203,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Stock Up 10.3 %

Shares of FTAI Aviation stock traded up $9.42 during trading on Tuesday, reaching $101.07. The company's stock had a trading volume of 1,646,177 shares, compared to its average volume of 5,532,639. FTAI Aviation Ltd. has a 52-week low of $52.00 and a 52-week high of $181.64. The company has a market cap of $10.36 billion, a price-to-earnings ratio of -1,012.11 and a beta of 2.09. The firm's 50-day moving average is $142.59 and its two-hundred day moving average is $132.33.

FTAI Aviation (NYSE:FTAI - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.77 by ($0.01). The business had revenue of $465.80 million during the quarter, compared to analysts' expectations of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. FTAI Aviation's revenue for the quarter was up 60.0% on a year-over-year basis. During the same period last year, the company posted $0.33 EPS. On average, equities research analysts anticipate that FTAI Aviation Ltd. will post 2.21 EPS for the current year.

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 25th. Shareholders 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 yield of 1.19%. FTAI Aviation's payout ratio is currently -1,199.88%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Wolfe Research raised shares of FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 target price on the stock in a report on Friday, January 10th. Barclays upped their target price on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an "overweight" rating in a report on Wednesday, December 4th. Stifel Nicolaus decreased their target price on shares of FTAI Aviation from $167.00 to $100.00 and set a "buy" rating on the stock in a report on Wednesday, January 22nd. Jefferies Financial Group upped their target price on shares of FTAI Aviation from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Monday, September 30th. Finally, StockNews.com raised shares of FTAI Aviation to a "sell" rating in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $171.75.

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.