LDR Capital Management LLC Makes New Investment in FTAI Aviation Ltd. $FTAI

LDR Capital Management LLC acquired a new stake in FTAI Aviation Ltd. (NASDAQ:FTAI) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,606 shares of the financial services provider’s stock, valued at approximately $1,102,000. FTAI Aviation comprises about 1.6% of LDR Capital Management LLC’s investment portfolio, making the stock its 19th biggest position.

Several other large investors also recently modified their holdings of FTAI. Asset Management One Co. Ltd. acquired a new stake in FTAI Aviation during the 3rd quarter worth about $2,056,000. Diversified Trust Co bought a new stake in shares of FTAI Aviation during the 3rd quarter valued at about $2,846,000. Maryland State Retirement & Pension System acquired a new stake in FTAI Aviation during the second quarter worth approximately $570,000. Peregrine Capital Management LLC grew its stake in FTAI Aviation by 1.8% during the second quarter. Peregrine Capital Management LLC now owns 91,373 shares of the financial services provider’s stock worth $10,512,000 after purchasing an additional 1,632 shares during the period. Finally, Red Door Wealth Management LLC bought a new stake in FTAI Aviation in the third quarter worth approximately $1,471,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on FTAI. Wall Street Zen cut FTAI Aviation from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Wolfe Research reissued an “outperform” rating and set a $225.00 target price on shares of FTAI Aviation in a research note on Wednesday, December 31st. BTIG Research restated a “buy” rating and issued a $230.00 price target on shares of FTAI Aviation in a report on Tuesday, December 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of FTAI Aviation in a report on Monday, December 29th. Finally, Morgan Stanley increased their price objective on shares of FTAI Aviation from $220.00 to $266.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, FTAI Aviation presently has a consensus rating of “Moderate Buy” and an average price target of $226.88.

Insider Buying and Selling

In related news, COO David Moreno acquired 4,354 shares of the firm’s stock in a transaction on Thursday, November 13th. The stock was purchased at an average cost of $153.89 per share, with a total value of $670,037.06. Following the acquisition, the chief operating officer owned 4,354 shares of the company’s stock, valued at approximately $670,037.06. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.60% of the company’s stock.

FTAI Aviation Trading Down 3.0%

Shares of FTAI stock opened at $265.62 on Tuesday. The firm has a fifty day simple moving average of $188.77 and a two-hundred day simple moving average of $165.07. FTAI Aviation Ltd. has a 12 month low of $75.06 and a 12 month high of $277.07. The firm has a market capitalization of $27.24 billion, a PE ratio of 60.64 and a beta of 1.54.

FTAI Aviation (NASDAQ:FTAI) last issued its quarterly earnings data on Monday, October 27th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.09). The business had revenue of $667.06 million for the quarter, compared to analyst estimates of $662.51 million. FTAI Aviation had a net margin of 20.82% and a return on equity of 370.51%. The firm’s quarterly revenue was up 43.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 earnings per share. On average, equities analysts predict that FTAI Aviation Ltd. will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 19th. Shareholders of record on Monday, November 10th were paid a dividend of $0.35 per share. The ex-dividend date was Monday, November 10th. This represents a $1.40 dividend on an annualized basis and a yield of 0.5%. FTAI Aviation’s payout ratio is 31.96%.

About FTAI Aviation

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.