Catalyst Funds Management Pty Ltd Makes New $1.39 Million Investment in FTAI Aviation Ltd. (NYSE:FTAI)

Catalyst Funds Management Pty Ltd acquired a new stake in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,625 shares of the financial services provider's stock, valued at approximately $1,386,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brown Brothers Harriman & Co. bought a new stake in shares of FTAI Aviation during the 3rd quarter valued at about $26,000. Anchor Investment Management LLC purchased a new stake in FTAI Aviation in the third quarter worth about $31,000. Private Trust Co. NA grew its holdings in FTAI Aviation by 221.1% in the fourth quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock worth $35,000 after purchasing an additional 168 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in FTAI Aviation in the fourth quarter worth about $36,000. Finally, Farther Finance Advisors LLC grew its holdings 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 worth $46,000 after purchasing an additional 189 shares during the period. Hedge funds and other institutional investors own 88.96% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Wolfe Research upgraded shares of FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price objective on the stock in a report on Friday, January 10th. Barclays increased their price target on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an "overweight" rating in a report on Wednesday, December 4th. Royal Bank of Canada reiterated an "outperform" rating and set a $160.00 price target on shares of FTAI Aviation in a report on Wednesday, January 22nd. StockNews.com upgraded shares of FTAI Aviation to a "sell" rating in a report on Saturday. Finally, Compass Point increased their price target 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. Two equities 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 company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $173.67.

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FTAI Aviation Price Performance

Shares of FTAI stock traded up $6.62 on Wednesday, hitting $109.01. 1,274,606 shares of the stock traded hands, compared to its average volume of 1,590,153. The firm has a market cap of $11.18 billion, a price-to-earnings ratio of -1,089.99 and a beta of 2.06. FTAI Aviation Ltd. has a 52 week low of $58.41 and a 52 week high of $181.64. The firm has a 50 day simple moving average of $117.28 and a two-hundred day simple moving average of $133.50.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 14th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.10%. FTAI Aviation's payout ratio is -342.86%.

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.