LDR Capital Management LLC Makes New $601,000 Investment in FTAI Aviation Ltd. $FTAI

LDR Capital Management LLC acquired a new stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 3,596 shares of the financial services provider’s stock, valued at approximately $601,000. FTAI Aviation makes up about 0.7% of LDR Capital Management LLC’s portfolio, making the stock its 29th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Generate Investment Management Ltd acquired a new stake in shares of FTAI Aviation in the 3rd quarter worth about $16,703,000. B. Riley Wealth Advisors Inc. bought a new position in FTAI Aviation in the 3rd quarter valued at about $284,000. Steel Grove Capital Advisors LLC bought a new position in FTAI Aviation in the 3rd quarter valued at about $969,000. Wealth Science Advisors LLC lifted its position in FTAI Aviation by 81.9% in the 3rd quarter. Wealth Science Advisors LLC now owns 2,412 shares of the financial services provider’s stock valued at $403,000 after acquiring an additional 1,086 shares in the last quarter. Finally, First Community Trust NA acquired a new position in FTAI Aviation during the 3rd quarter valued at about $151,000. 88.96% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, President David Moreno acquired 2,475 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was purchased at an average price of $201.27 per share, for a total transaction of $498,143.25. Following the purchase, the president owned 199,490 shares in the company, valued at approximately $40,151,352.30. This represents a 1.26% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.35% of the company’s stock.

Analysts Set New Price Targets

FTAI has been the subject of a number of analyst reports. Jefferies Financial Group reiterated a “buy” rating and set a $325.00 price target on shares of FTAI Aviation in a research note on Sunday, August 2nd. Weiss Ratings downgraded FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. BTIG Research dropped their target price on FTAI Aviation from $400.00 to $350.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft set a $290.00 target price on FTAI Aviation in a research report on Friday, July 31st. Finally, Royal Bank Of Canada cut their target price on FTAI Aviation from $350.00 to $300.00 and set an “outperform” rating on the stock in a research report on Monday, July 27th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $316.88.

FTAI Aviation Stock Performance

Shares of FTAI stock opened at $163.25 on Thursday. The firm has a 50-day moving average of $190.68 and a 200-day moving average of $224.20. The company has a market cap of $16.77 billion, a P/E ratio of 35.49, a P/E/G ratio of 0.83 and a beta of 1.51. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.07. FTAI Aviation Ltd. has a one year low of $149.50 and a one year high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.13 earnings per share for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.19). FTAI Aviation had a net margin of 15.94% and a return on equity of 139.59%. The firm had revenue of $953.09 million for the quarter. During the same quarter in the prior year, the firm earned $1.57 earnings per share. FTAI Aviation’s quarterly revenue was up 40.9% compared to the same quarter last year. Equities research analysts forecast that FTAI Aviation Ltd. will post 5.48 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Wednesday, August 12th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, August 12th. FTAI Aviation’s dividend payout ratio is presently 43.48%.

FTAI Aviation Company Profile

FTAI Aviation Ltd. is an aviation company focused on owning, leasing, and managing commercial aircraft and aircraft engines. The company provides aviation assets to airlines, aircraft leasing companies, maintenance, repair and overhaul providers, and other participants in the global aviation industry.

FTAI Aviation’s business includes aircraft and engine leasing, asset management, and the acquisition and sale of aviation equipment. Through its aviation products activities, the company also develops and sells proprietary aerospace products designed to improve engine performance, reliability, and maintenance economics, including solutions associated with the CFM56 engine platform.

The company serves customers across international aviation markets and manages assets used by airlines and operators in multiple regions.