Capital Fund Management S.A. Takes $5.17 Million Position in FTAI Aviation Ltd. (NYSE:FTAI)

Capital Fund Management S.A. acquired a new stake in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 35,884 shares of the financial services provider's stock, valued at approximately $5,169,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Sara Bay Financial acquired a new position in FTAI Aviation in the fourth quarter valued at approximately $547,000. Ibex Wealth Advisors acquired a new stake in FTAI Aviation in the fourth quarter worth $3,518,000. Rhumbline Advisers lifted its stake in FTAI Aviation by 2.2% in the fourth quarter. Rhumbline Advisers now owns 142,072 shares of the financial services provider's stock valued at $20,464,000 after buying an additional 3,121 shares during the last quarter. SeaCrest Wealth Management LLC boosted its holdings in shares of FTAI Aviation by 77.1% during the fourth quarter. SeaCrest Wealth Management LLC now owns 6,555 shares of the financial services provider's stock valued at $944,000 after acquiring an additional 2,853 shares during the period. Finally, Franklin Resources Inc. grew its position in shares of FTAI Aviation by 102.8% during the third quarter. Franklin Resources Inc. now owns 411,476 shares of the financial services provider's stock worth $54,685,000 after acquiring an additional 208,613 shares during the last quarter. Institutional investors and hedge funds own 88.96% of the company's stock.

FTAI Aviation Trading Down 1.5 %

Shares of NYSE FTAI traded down $1.41 during mid-day trading on Friday, reaching $93.00. The company had a trading volume of 1,879,228 shares, compared to its average volume of 1,702,031. FTAI Aviation Ltd. has a 1-year low of $66.22 and a 1-year high of $181.64. The stock has a market cap of $9.54 billion, a PE ratio of -929.91 and a beta of 1.79. The company has a 50-day moving average price of $110.49 and a two-hundred day moving average price of $129.97.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 14th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Friday, March 14th. FTAI Aviation's dividend payout ratio is presently -342.86%.

Analysts Set New Price Targets

FTAI has been the subject of several recent analyst reports. Citigroup restated a "buy" rating on shares of FTAI Aviation in a research report on Thursday, March 6th. Wolfe Research upgraded FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price target for the company in a research report on Friday, January 10th. BTIG Research raised their price target on FTAI Aviation from $180.00 to $190.00 and gave the company a "buy" rating in a report on Tuesday, December 31st. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $160.00 price objective on shares of FTAI Aviation in a report on Wednesday, January 22nd. Finally, Stifel Nicolaus reissued a "hold" rating and set a $123.00 target price (up previously from $100.00) on shares of FTAI Aviation in a research note on Monday, March 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $172.83.

FTAI Aviation Company Profile

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.