Moody National Bank Trust Division Purchases 4,196 Shares of FTAI Aviation Ltd. $FTAI

Moody National Bank Trust Division grew its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 36.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,642 shares of the financial services provider’s stock after acquiring an additional 4,196 shares during the quarter. Moody National Bank Trust Division’s holdings in FTAI Aviation were worth $3,079,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FTAI. Mather Group LLC. bought a new stake in shares of FTAI Aviation in the third quarter worth $28,000. Global Retirement Partners LLC increased its stake in FTAI Aviation by 880.0% in the 3rd quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock valued at $57,000 after buying an additional 308 shares during the last quarter. GAMMA Investing LLC increased its stake in FTAI Aviation by 22.7% in the 3rd quarter. GAMMA Investing LLC now owns 525 shares of the financial services provider’s stock valued at $88,000 after buying an additional 97 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 buying an additional 65 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in shares of 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 buying an additional 70 shares during the last quarter. 88.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on FTAI. Royal Bank Of Canada lifted their target price on FTAI Aviation from $270.00 to $350.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Morgan Stanley boosted their price target on FTAI Aviation from $266.00 to $293.00 and gave the stock an “overweight” rating in a research report on Tuesday. Citizens Jmp increased their price objective on FTAI Aviation from $230.00 to $325.00 and gave the company a “market outperform” rating in a report on Thursday, January 29th. Zacks Research upgraded shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a report on Friday, January 9th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $225.00 price target on shares of FTAI Aviation in a research report on Wednesday, December 31st. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $295.78.

FTAI Aviation Stock Performance

Shares of NASDAQ FTAI opened at $247.07 on Wednesday. FTAI Aviation Ltd. has a 12 month low of $81.45 and a 12 month high of $323.51. The stock has a 50 day moving average of $272.17 and a 200-day moving average of $210.41. The company has a current ratio of 5.28, a quick ratio of 2.30 and a debt-to-equity ratio of 10.32. The company has a market capitalization of $25.34 billion, a P/E ratio of 53.48, a P/E/G ratio of 0.98 and a beta of 1.50.

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

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 13th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, March 13th. FTAI Aviation’s dividend payout ratio is currently 34.63%.

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.