Capital International Investors Has $1.54 Billion Stake in FTAI Aviation Ltd. (NYSE:FTAI)

Capital International Investors grew its position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 39.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,677,171 shares of the financial services provider's stock after purchasing an additional 3,034,838 shares during the period. Capital International Investors owned approximately 10.41% of FTAI Aviation worth $1,537,940,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of FTAI Aviation by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 10,547,939 shares of the financial services provider's stock worth $1,519,325,000 after buying an additional 184,730 shares during the period. Norges Bank purchased a new position in shares of FTAI Aviation in the fourth quarter worth approximately $183,688,000. William Blair Investment Management LLC purchased a new stake in shares of FTAI Aviation in the fourth quarter valued at $174,372,000. JPMorgan Chase & Co. grew its stake in FTAI Aviation by 18.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,154,808 shares of the financial services provider's stock valued at $153,474,000 after acquiring an additional 182,252 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in FTAI Aviation by 35.1% in the 4th quarter. Wellington Management Group LLP now owns 904,193 shares of the financial services provider's stock worth $130,240,000 after buying an additional 234,874 shares in the last quarter. Institutional investors and hedge funds own 88.96% of the company's stock.

FTAI Aviation Price Performance

Shares of FTAI Aviation stock traded down $5.65 during midday trading on Monday, reaching $87.35. The company had a trading volume of 1,581,444 shares, compared to its average volume of 1,706,713. The stock has a fifty day moving average price of $109.96 and a 200 day moving average price of $129.65. FTAI Aviation Ltd. has a fifty-two week low of $68.50 and a fifty-two week high of $181.64. The firm has a market cap of $8.96 billion, a PE ratio of -873.41 and a beta of 1.79.

FTAI Aviation Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 1.37%. The ex-dividend date of this dividend was Friday, March 14th. FTAI Aviation's dividend payout ratio (DPR) is -342.86%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on FTAI. Citigroup restated a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. Wolfe Research upgraded shares of FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 target price on the stock in a research note on Friday, January 10th. BTIG Research lifted their price objective on FTAI Aviation from $180.00 to $190.00 and gave the company a "buy" rating in a research report on Tuesday, December 31st. StockNews.com raised shares of FTAI Aviation to a "sell" rating in a research note on Saturday, March 15th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $160.00 price objective on shares of FTAI Aviation in a research report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average 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.