Householder Group Estate & Retirement Specialist LLC Increases Stake in FTAI Aviation Ltd. (NYSE:FTAI)

Householder Group Estate & Retirement Specialist LLC grew its stake in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,067 shares of the financial services provider’s stock after purchasing an additional 467 shares during the quarter. FTAI Aviation makes up approximately 1.0% of Householder Group Estate & Retirement Specialist LLC’s portfolio, making the stock its 18th biggest position. Householder Group Estate & Retirement Specialist LLC’s holdings in FTAI Aviation were worth $1,306,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Westfield Capital Management Co. LP raised its holdings in FTAI Aviation by 87.1% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider’s stock valued at $220,618,000 after buying an additional 773,017 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of FTAI Aviation by 14,553.9% during the third quarter. International Assets Investment Management LLC now owns 564,028 shares of the financial services provider’s stock valued at $74,959,000 after acquiring an additional 560,179 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of FTAI Aviation by 229.9% during the third quarter. Victory Capital Management Inc. now owns 380,207 shares of the financial services provider’s stock valued at $50,530,000 after acquiring an additional 264,971 shares during the last quarter. Vantage Investment Partners LLC purchased a new stake in shares of FTAI Aviation during the third quarter worth about $32,769,000. Finally, Franklin Resources Inc. grew its stake in shares of FTAI Aviation by 102.8% in the third quarter. Franklin Resources Inc. now owns 411,476 shares of the financial services provider’s stock worth $54,685,000 after purchasing an additional 208,613 shares during the last quarter. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Down 6.4 %

Shares of FTAI opened at $112.38 on Friday. The stock has a market cap of $11.52 billion, a P/E ratio of -1,123.69 and a beta of 2.09. The business’s 50 day moving average price is $150.50 and its 200-day moving average price is $132.28. FTAI Aviation Ltd. has a 52 week low of $48.63 and a 52 week high of $181.64.

FTAI Aviation (NYSE:FTAI) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.01). FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. The company had revenue of $465.80 million during the quarter, compared to the consensus estimate of $422.45 million. During the same period last year, the firm posted $0.33 earnings per share. The company’s revenue was up 60.0% compared to the same quarter last year. On average, equities analysts anticipate that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were issued a $0.30 dividend. The ex-dividend date was Thursday, November 14th. This represents a $1.20 annualized dividend and a yield of 1.07%. FTAI Aviation’s dividend payout ratio (DPR) is presently -1,199.88%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on FTAI shares. BTIG Research upped their price target on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Citigroup raised their price target on FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. Benchmark boosted their price objective on shares of FTAI Aviation from $150.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Jefferies Financial Group raised their target price on shares of FTAI Aviation from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, September 30th. Finally, Barclays boosted their price target on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, December 4th. Two investment analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $177.33.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.