Lombard Odier Asset Management Europe Ltd Makes New Investment in FTAI Aviation Ltd. $FTAI

Lombard Odier Asset Management Europe Ltd acquired a new stake in FTAI Aviation Ltd. (NASDAQ:FTAI) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,697 shares of the financial services provider’s stock, valued at approximately $1,151,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cannell & Spears LLC lifted its position in shares of FTAI Aviation by 22.7% during the first quarter. Cannell & Spears LLC now owns 351,133 shares of the financial services provider’s stock worth $85,539,000 after purchasing an additional 65,068 shares in the last quarter. Dai ichi Life Insurance Company Ltd acquired a new position in shares of FTAI Aviation in the first quarter worth $347,000. Renaissance Technologies LLC acquired a new stake in shares of FTAI Aviation in the first quarter valued at $52,160,000. Hilltop Holdings Inc. purchased a new position in FTAI Aviation in the first quarter valued at $392,000. Finally, Compound Planning Inc. increased its holdings in FTAI Aviation by 2.7% during the 1st quarter. Compound Planning Inc. now owns 2,287 shares of the financial services provider’s stock worth $560,000 after purchasing an additional 60 shares during the period. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at FTAI Aviation

In related news, Director Martin Tuchman sold 143,584 shares of FTAI Aviation stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $242.44, for a total transaction of $34,810,504.96. Following the completion of the sale, the director owned 236,302 shares in the company, valued at approximately $57,289,056.88. This trade represents a 37.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Judith A. Hannaway sold 255 shares of FTAI Aviation stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total transaction of $64,741.95. Following the sale, the director owned 3,012 shares of the company’s stock, valued at approximately $764,716.68. This trade represents a 7.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 254,515 shares of company stock valued at $61,599,445. 1.35% of the stock is currently owned by company insiders.

FTAI Aviation Price Performance

Shares of FTAI opened at $215.98 on Monday. The company has a current ratio of 5.24, a quick ratio of 2.48 and a debt-to-equity ratio of 8.00. The stock’s 50 day moving average is $242.09 and its two-hundred day moving average is $254.66. The firm has a market capitalization of $22.16 billion, a PE ratio of 42.85, a P/E/G ratio of 0.87 and a beta of 1.46. FTAI Aviation Ltd. has a twelve month low of $110.76 and a twelve month high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $1.29 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.32). FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.The company had revenue of $830.70 million for the quarter. During the same quarter in the prior year, the firm earned $0.87 EPS. The business’s quarterly revenue was up 65.4% on a year-over-year basis. Research analysts anticipate that FTAI Aviation Ltd. will post 6.77 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Wednesday, May 13th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 13th. FTAI Aviation’s dividend payout ratio is presently 31.75%.

Analyst Ratings Changes

FTAI has been the topic of a number of recent research reports. Citizens Jmp started coverage on shares of FTAI Aviation in a research note on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 target price on the stock. BTIG Research upped their price objective on FTAI Aviation from $340.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded shares of FTAI Aviation from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $319.00 target price on shares of FTAI Aviation in a research report on Friday, May 8th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $400.00 target price on shares of FTAI Aviation in a research report on Sunday, May 3rd. Ten analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, FTAI Aviation has a consensus rating of “Moderate Buy” and a consensus price target of $340.62.

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.