FTAI Aviation Ltd. (NYSE:FTAI) Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC decreased its position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 622,273 shares of the financial services provider's stock after selling 6,659 shares during the period. FTAI Aviation accounts for about 3.5% of Emerald Advisers LLC's investment portfolio, making the stock its 2nd largest holding. Emerald Advisers LLC owned 0.61% of FTAI Aviation worth $89,632,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FTAI. Brown Brothers Harriman & Co. acquired a new position in FTAI Aviation in the third quarter worth approximately $26,000. Anchor Investment Management LLC acquired a new stake in shares of FTAI Aviation during the third quarter worth $31,000. Private Trust Co. NA lifted its holdings in shares of FTAI Aviation by 221.1% during the fourth 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 position in shares of FTAI Aviation in the 4th quarter valued at $36,000. Finally, Blue Trust Inc. purchased a new position in FTAI Aviation in the 4th quarter worth about $56,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Trading Up 0.5 %

NYSE:FTAI traded up $0.52 during mid-day trading on Thursday, hitting $114.52. 1,071,799 shares of the company's stock traded hands, compared to its average volume of 1,603,955. The firm has a market capitalization of $11.74 billion, a price-to-earnings ratio of -1,145.09 and a beta of 2.06. The firm has a 50 day moving average of $111.63 and a two-hundred day moving average of $132.94. FTAI Aviation Ltd. has a 12 month low of $65.00 and a 12 month high of $181.64.

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FTAI Aviation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 14th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.05%. The ex-dividend date was Friday, March 14th. FTAI Aviation's payout ratio is currently -342.86%.

Analyst Upgrades and Downgrades

FTAI has been the topic of several research analyst reports. Stifel Nicolaus restated a "hold" rating and set a $123.00 price target (up from $100.00) on shares of FTAI Aviation in a report on Monday, March 3rd. Compass Point lifted their price target on FTAI Aviation from $175.00 to $181.00 and gave the company a "buy" rating in a report on Tuesday, December 17th. Wolfe Research raised 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 research report on Friday, January 10th. StockNews.com raised shares of FTAI Aviation to a "sell" rating in a research report on Saturday, March 15th. Finally, Barclays increased their price target on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 4th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $173.67.

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.