Segall Bryant & Hamill LLC Has $11.40 Million Position in FTAI Aviation Ltd. $FTAI

Segall Bryant & Hamill LLC lessened its holdings in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 47.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,551 shares of the financial services provider’s stock after selling 42,802 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in FTAI Aviation were worth $11,405,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Capital World Investors grew its holdings in shares of FTAI Aviation by 41.1% during the fourth quarter. Capital World Investors now owns 8,916,830 shares of the financial services provider’s stock valued at $1,755,290,000 after buying an additional 2,596,265 shares during the last quarter. Rubric Capital Management LP lifted its position in FTAI Aviation by 10.1% in the 4th quarter. Rubric Capital Management LP now owns 3,700,000 shares of the financial services provider’s stock valued at $728,345,000 after acquiring an additional 339,447 shares in the last quarter. Westfield Capital Management Co. LP boosted its stake in FTAI Aviation by 10.3% during the 4th quarter. Westfield Capital Management Co. LP now owns 2,350,625 shares of the financial services provider’s stock valued at $462,721,000 after purchasing an additional 220,384 shares during the last quarter. Geode Capital Management LLC boosted its stake in FTAI Aviation by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 2,004,963 shares of the financial services provider’s stock valued at $394,757,000 after purchasing an additional 71,271 shares during the last quarter. Finally, State Street Corp increased its holdings in FTAI Aviation by 1.2% during the 4th quarter. State Street Corp now owns 1,745,498 shares of the financial services provider’s stock worth $343,601,000 after purchasing an additional 20,378 shares in the last quarter. Institutional investors and hedge funds own 88.96% of the company’s stock.

Insider Transactions at FTAI Aviation

In other FTAI Aviation news, Director Judith A. Hannaway sold 255 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total value of $64,741.95. Following the completion of the transaction, the director owned 3,012 shares in the company, valued at $764,716.68. This represents a 7.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.35% of the stock is owned by company insiders.

FTAI Aviation Stock Performance

NASDAQ:FTAI opened at $206.00 on Monday. FTAI Aviation Ltd. has a 52 week low of $128.32 and a 52 week high of $323.51. The firm has a 50-day moving average price of $238.79 and a two-hundred day moving average price of $253.38. The company has a debt-to-equity ratio of 8.00, a quick ratio of 2.48 and a current ratio of 5.24. The firm has a market cap of $21.13 billion, a price-to-earnings ratio of 44.78, a price-to-earnings-growth ratio of 0.83 and a beta of 1.51.

FTAI Aviation (NASDAQ:FTAI) last announced its 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). The business had revenue of $953.09 million during the quarter. FTAI Aviation had a return on equity of 146.23% and a net margin of 15.94%.The firm’s revenue was up 40.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.57 EPS. On average, equities analysts expect that FTAI Aviation Ltd. will post 6.77 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, August 24th. Shareholders of record on Wednesday, August 12th will be given a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, August 12th. FTAI Aviation’s payout ratio is currently 34.78%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Zacks Research downgraded FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft set a $290.00 target price on FTAI Aviation in a research report on Friday. BTIG Research increased their price target on FTAI Aviation from $340.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Citizens Jmp started coverage on FTAI Aviation in a research note on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 price objective on the stock. Finally, Jefferies Financial Group restated a “buy” rating and set a $325.00 price objective on shares of FTAI Aviation in a research note on Sunday. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, FTAI Aviation presently has a consensus rating of “Moderate Buy” and a consensus price target of $321.11.

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.