UBS Group AG Has $35.28 Million Stake in FTAI Aviation Ltd. $FTAI

UBS Group AG decreased its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 58.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 179,222 shares of the financial services provider’s stock after selling 256,708 shares during the period. UBS Group AG’s holdings in FTAI Aviation were worth $35,280,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC lifted its position in FTAI Aviation by 880.0% during the 3rd quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock worth $57,000 after acquiring an additional 308 shares during the last quarter. First Horizon Corp lifted its position in FTAI Aviation by 131.9% during the 4th quarter. First Horizon Corp now owns 320 shares of the financial services provider’s stock worth $63,000 after acquiring an additional 182 shares during the last quarter. Rossby Financial LCC lifted its position in FTAI Aviation by 13.6% during the 3rd quarter. Rossby Financial LCC now owns 543 shares of the financial services provider’s stock worth $94,000 after acquiring an additional 65 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in FTAI Aviation by 88.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 485 shares of the financial services provider’s stock worth $95,000 after acquiring an additional 227 shares during the last quarter. Finally, Assetmark Inc. lifted its position in FTAI Aviation by 11.0% during the 3rd quarter. Assetmark Inc. now owns 708 shares of the financial services provider’s stock worth $118,000 after acquiring an additional 70 shares during the last quarter. Institutional investors and hedge funds own 88.96% of the company’s stock.

Insider Activity at FTAI Aviation

In other news, Director Martin Tuchman sold 143,584 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $242.44, for a total transaction of $34,810,504.96. Following the completion of the transaction, the director owned 236,302 shares of the company’s stock, valued at approximately $57,289,056.88. This represents a 37.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 254,260 shares of company stock worth $61,534,703 over the last three months. 1.35% of the stock is currently owned by corporate insiders.

FTAI Aviation Stock Down 0.8%

Shares of FTAI opened at $270.29 on Friday. The company has a 50-day simple moving average of $253.17 and a 200-day simple moving average of $226.39. The firm has a market capitalization of $27.73 billion, a P/E ratio of 53.63, a P/E/G ratio of 1.03 and a beta of 1.49. The company has a debt-to-equity ratio of 8.00, a quick ratio of 2.30 and a current ratio of 5.24. FTAI Aviation Ltd. has a 52 week low of $105.59 and a 52 week high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.29 EPS for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.32). The company had revenue of $830.70 million for the quarter. FTAI Aviation had a net margin of 18.92% and a return on equity of 181.43%. The business’s revenue was up 65.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 earnings per share. On average, equities research analysts expect that FTAI Aviation Ltd. will post 7.21 earnings per share for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, May 13th. FTAI Aviation’s dividend payout ratio is currently 31.75%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Morgan Stanley reissued an “overweight” rating and set a $319.00 target price on shares of FTAI Aviation in a research report on Friday. Barclays boosted their target price 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. Citigroup reissued an “outperform” rating on shares of FTAI Aviation in a research report on Thursday, January 29th. Weiss Ratings lowered shares of FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Finally, BTIG Research upped their price objective on shares of FTAI Aviation from $335.00 to $340.00 and gave the company a “buy” rating in a research report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $326.88.

FTAI Aviation Company 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.