Gamco Investors INC. ET AL Has $592,000 Stock Holdings in FTAI Aviation Ltd. $FTAI

Gamco Investors INC. ET AL decreased its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 42.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,550 shares of the financial services provider’s stock after selling 2,650 shares during the period. Gamco Investors INC. ET AL’s holdings in FTAI Aviation were worth $592,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC grew its holdings in FTAI Aviation by 9.1% in the 3rd quarter. Barclays PLC now owns 47,086 shares of the financial services provider’s stock valued at $7,857,000 after buying an additional 3,931 shares in the last quarter. GW&K Investment Management LLC raised its stake in FTAI Aviation by 2.5% in the 3rd quarter. GW&K Investment Management LLC now owns 293,849 shares of the financial services provider’s stock worth $49,032,000 after purchasing an additional 7,120 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in FTAI Aviation by 15.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 572,224 shares of the financial services provider’s stock valued at $95,452,000 after purchasing an additional 76,433 shares during the period. Teachers Retirement System of The State of Kentucky grew its position in shares of FTAI Aviation by 21.4% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 65,030 shares of the financial services provider’s stock worth $10,851,000 after purchasing an additional 11,457 shares in the last quarter. Finally, Segall Bryant & Hamill LLC increased its holdings in shares of FTAI Aviation by 2.5% during the third quarter. Segall Bryant & Hamill LLC now owns 85,304 shares of the financial services provider’s stock worth $14,234,000 after purchasing an additional 2,057 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

Shares of FTAI Aviation stock opened at $259.91 on Thursday. The company’s 50 day moving average price is $271.46 and its two-hundred day moving average price is $204.68. The firm has a market capitalization of $26.66 billion, a P/E ratio of 56.26, a P/E/G ratio of 1.10 and a beta of 1.50. FTAI Aviation Ltd. has a fifty-two week low of $81.45 and a fifty-two week high of $323.51. The company has a debt-to-equity ratio of 10.32, a current ratio of 5.28 and a quick ratio of 2.30.

FTAI Aviation (NASDAQ:FTAI) last released its quarterly earnings data on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.22 by ($0.14). FTAI Aviation had a net margin of 19.98% and a return on equity of 257.07%. The firm had revenue of $662.03 million for the quarter, compared to analyst estimates of $710.37 million. During the same period last year, the business earned $0.84 EPS. The company’s revenue was up 32.7% compared to the same quarter last year. On average, equities analysts forecast that FTAI Aviation Ltd. will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 13th will be issued a $0.40 dividend. The ex-dividend date is Friday, March 13th. FTAI Aviation’s dividend payout ratio (DPR) is 30.30%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FTAI. Weiss Ratings reissued a “hold (c+)” rating on shares of FTAI Aviation in a research report on Monday, December 29th. Barclays upped their price objective on shares of FTAI Aviation from $260.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. BTIG Research raised their target price on shares of FTAI Aviation from $230.00 to $335.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Royal Bank Of Canada upped their price target on shares of FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Finally, Morgan Stanley boosted their price objective on shares of FTAI Aviation from $220.00 to $266.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, FTAI Aviation has a consensus rating of “Moderate Buy” and an average target price of $292.22.

FTAI Aviation Profile

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.