Level Four Advisory Services LLC Has $241,000 Stock Position in FTAI Aviation Ltd. $FTAI

Level Four Advisory Services LLC lowered its stake in FTAI Aviation Ltd. (NASDAQ:FTAI) by 62.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,443 shares of the financial services provider’s stock after selling 2,410 shares during the period. Level Four Advisory Services LLC’s holdings in FTAI Aviation were worth $241,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ensign Peak Advisors Inc increased its position in shares of FTAI Aviation by 67.4% during the second quarter. Ensign Peak Advisors Inc now owns 3,075,788 shares of the financial services provider’s stock worth $353,839,000 after acquiring an additional 1,238,294 shares in the last quarter. Norges Bank acquired a new position in FTAI Aviation in the 2nd quarter worth $142,012,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in FTAI Aviation by 1,678.6% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,140,542 shares of the financial services provider’s stock worth $131,208,000 after purchasing an additional 1,076,416 shares during the period. Northern Right Capital Management L.P. increased its holdings in FTAI Aviation by 884.1% during the 2nd quarter. Northern Right Capital Management L.P. now owns 885,675 shares of the financial services provider’s stock worth $101,888,000 after purchasing an additional 795,675 shares in the last quarter. Finally, Rubric Capital Management LP increased its holdings in FTAI Aviation by 28.3% during the 2nd quarter. Rubric Capital Management LP now owns 3,394,080 shares of the financial services provider’s stock worth $390,455,000 after purchasing an additional 749,080 shares in the last quarter. Institutional investors and hedge funds own 88.96% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Zacks Research raised FTAI Aviation from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Citigroup reiterated an “outperform” rating on shares of FTAI Aviation in a report on Thursday, January 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of FTAI Aviation in a report on Monday, December 29th. Wolfe Research reissued an “outperform” rating and issued a $225.00 target price on shares of FTAI Aviation in a research report on Wednesday, December 31st. Finally, Citizens Jmp boosted their target price on FTAI Aviation from $230.00 to $325.00 and gave the company a “market outperform” rating in a research note on Thursday, January 29th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $292.22.

FTAI Aviation Trading Down 4.8%

Shares of NASDAQ:FTAI opened at $260.35 on Friday. The company’s 50-day moving average price is $266.64 and its two-hundred day moving average price is $202.06. The company has a debt-to-equity ratio of 10.32, a current ratio of 5.28 and a quick ratio of 3.27. FTAI Aviation Ltd. has a one year low of $81.45 and a one year high of $323.51. The stock has a market capitalization of $26.70 billion, a PE ratio of 56.35, a price-to-earnings-growth ratio of 1.05 and a beta of 1.50.

FTAI Aviation (NASDAQ:FTAI) last announced 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). The company had revenue of $662.03 million during the quarter, compared to the consensus estimate of $710.37 million. FTAI Aviation had a net margin of 19.98% and a return on equity of 257.07%. FTAI Aviation’s revenue was up 32.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.84 EPS. On average, equities analysts forecast that FTAI Aviation Ltd. will post 2.2 EPS for the current fiscal year.

FTAI Aviation Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 13th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 13th. FTAI Aviation’s dividend payout ratio is 30.30%.

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.