FTAI Aviation Ltd. (NYSE:FTAI) Shares Sold by Axiom Investors LLC DE

Axiom Investors LLC DE reduced its stake in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 34.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,119 shares of the financial services provider's stock after selling 41,881 shares during the period. Axiom Investors LLC DE owned approximately 0.08% of FTAI Aviation worth $11,540,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FTAI. Anchor Investment Management LLC acquired a new stake in FTAI Aviation in the 3rd quarter valued at about $31,000. Private Trust Co. NA increased its position in shares of FTAI Aviation by 221.1% in the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 168 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of FTAI Aviation in the 4th quarter valued at $36,000. Blue Trust Inc. purchased a new stake in shares of FTAI Aviation during the 4th quarter worth $56,000. Finally, Arcadia Investment Management Corp MI acquired a new stake in FTAI Aviation in the fourth quarter valued at $68,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Stock Performance

FTAI Aviation stock traded down $13.96 during trading on Friday, reaching $90.38. 1,772,462 shares of the company's stock were exchanged, compared to its average volume of 1,658,180. The company's 50-day moving average is $112.74 and its two-hundred day moving average is $132.72. FTAI Aviation Ltd. has a 52-week low of $66.22 and a 52-week high of $181.64. The firm has a market cap of $9.27 billion, a price-to-earnings ratio of -900.27 and a beta of 1.78.

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FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 14th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend was Friday, March 14th. FTAI Aviation's payout ratio is -342.86%.

Wall Street Analyst Weigh In

FTAI has been the subject of a number of research analyst reports. Wolfe Research raised FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 target price for the company in a research report on Friday, January 10th. StockNews.com raised FTAI Aviation to a "sell" rating in a report on Saturday, March 15th. BTIG Research increased their price target on FTAI Aviation from $180.00 to $190.00 and gave the stock a "buy" rating in a report on Tuesday, December 31st. Compass Point lifted their target price on shares of FTAI Aviation from $175.00 to $181.00 and gave the company a "buy" rating in a report on Tuesday, December 17th. Finally, Stifel Nicolaus reissued a "hold" rating and issued a $123.00 price target (up from $100.00) on shares of FTAI Aviation in a report on Monday, March 3rd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $173.67.

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.