Caldwell Investment Management Ltd. Sells 8,800 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Caldwell Investment Management Ltd. reduced its position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 61.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,500 shares of the financial services provider's stock after selling 8,800 shares during the period. Caldwell Investment Management Ltd.'s holdings in FTAI Aviation were worth $792,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in FTAI. Park Avenue Securities LLC lifted its holdings in FTAI Aviation by 8.5% during the 4th quarter. Park Avenue Securities LLC now owns 2,187 shares of the financial services provider's stock worth $315,000 after buying an additional 172 shares during the period. SeaCrest Wealth Management LLC raised its position 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 worth $944,000 after acquiring an additional 2,853 shares during the last quarter. Harbour Capital Advisors LLC boosted its holdings in FTAI Aviation by 13.2% in the fourth quarter. Harbour Capital Advisors LLC now owns 7,690 shares of the financial services provider's stock valued at $1,164,000 after acquiring an additional 895 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in FTAI Aviation by 148.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 116,059 shares of the financial services provider's stock valued at $16,717,000 after acquiring an additional 69,260 shares during the last quarter. Finally, Diversified Trust Co increased its position in FTAI Aviation by 79.4% during the 4th quarter. Diversified Trust Co now owns 23,463 shares of the financial services provider's stock valued at $3,380,000 after purchasing an additional 10,383 shares during the period. Institutional investors and hedge funds own 88.96% of the company's stock.

FTAI Aviation Stock Performance

Shares of FTAI Aviation stock traded down $37.21 during trading hours on Wednesday, reaching $116.08. The company's stock had a trading volume of 19,988,346 shares, compared to its average volume of 4,027,194. The stock's fifty day simple moving average is $152.65 and its two-hundred day simple moving average is $132.43. The company has a market capitalization of $11.90 billion, a P/E ratio of -1,160.68 and a beta of 2.09. FTAI Aviation Ltd. has a one year low of $47.21 and a one year high of $181.64.

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

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Thursday, November 14th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, November 14th. This represents a $1.20 annualized dividend and a yield of 1.03%. FTAI Aviation's dividend payout ratio (DPR) is currently -1,200.00%.

Analysts Set New Price Targets

A number of research firms have recently commented on FTAI. Barclays upped their price objective on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an "overweight" rating in a research note on Wednesday, December 4th. Stifel Nicolaus lifted their price objective on FTAI Aviation from $156.00 to $167.00 and gave the stock a "buy" rating in a research report on Tuesday, December 31st. Deutsche Bank Aktiengesellschaft upped their target price on FTAI Aviation from $125.00 to $160.00 and gave the company a "buy" rating in a research report on Tuesday, October 22nd. Wolfe Research upgraded FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 target price for the company in a report on Friday, January 10th. Finally, 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. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to data from MarketBeat, FTAI Aviation presently has an average rating of "Moderate Buy" and an average target price of $177.33.

FTAI Aviation 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.