FTAI Aviation Ltd. (NYSE:FTAI) Holdings Raised by Barclays PLC

Barclays PLC increased its position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 73.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 214,610 shares of the financial services provider's stock after buying an additional 90,905 shares during the period. Barclays PLC owned about 0.21% of FTAI Aviation worth $28,520,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new position in FTAI Aviation in the 3rd quarter valued at $26,000. Arcadia Investment Management Corp MI acquired a new position in FTAI Aviation in the second quarter valued at $33,000. Farther Finance Advisors LLC increased its stake in FTAI Aviation by 118.1% in the third quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 189 shares during the last quarter. Ridgewood Investments LLC purchased a new position in FTAI Aviation during the second quarter worth about $59,000. Finally, Raymond James Trust N.A. acquired a new stake in FTAI Aviation in the 3rd quarter worth about $200,000. Hedge funds and other institutional investors own 88.96% of the company's stock.

FTAI Aviation Stock Performance

Shares of FTAI stock traded down $3.36 during trading hours on Friday, reaching $131.72. The company had a trading volume of 2,343,598 shares, compared to its average volume of 1,055,882. The stock's fifty day simple moving average is $152.48 and its 200 day simple moving average is $123.70. The company has a market capitalization of $13.51 billion, a P/E ratio of -1,317.07 and a beta of 2.06. FTAI Aviation Ltd. has a twelve month low of $44.15 and a twelve month high of $177.18.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.77 by ($0.01). The firm had revenue of $465.80 million for the quarter, compared to analysts' expectations of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The company's revenue for the quarter was up 60.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 EPS. As a group, equities analysts expect that FTAI Aviation Ltd. will post 2.21 earnings per share for the current year.

FTAI Aviation Announces Dividend

The company also recently disclosed 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 of this dividend was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 0.91%. FTAI Aviation's dividend payout ratio is currently -1,199.88%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on FTAI. Jefferies Financial Group upped their price objective on shares of FTAI Aviation from $140.00 to $155.00 and gave the company a "buy" rating in a research note on Monday, September 30th. BTIG Research assumed coverage on shares of FTAI Aviation in a report on Monday, August 26th. They issued a "buy" rating and a $140.00 price target on the stock. 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 note on Friday, November 1st. Morgan Stanley reaffirmed an "underperform" rating on shares of FTAI Aviation in a research report on Friday, October 18th. Finally, Compass Point lifted their target price on FTAI Aviation from $118.00 to $156.00 and gave the company a "buy" rating in a report on Friday, September 27th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, FTAI Aviation currently has a consensus rating of "Moderate Buy" and an average price target of $166.18.

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.