FTAI Aviation Ltd. (NYSE:FTAI) Given Average Recommendation of "Moderate Buy" by Brokerages

FTAI Aviation Ltd. (NYSE:FTAI - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twelve analysts that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $172.83.

A number of equities analysts have recently commented on the company. Stifel Nicolaus reiterated a "hold" rating and issued a $123.00 price objective (up from $100.00) on shares of FTAI Aviation in a research note on Monday, March 3rd. BTIG Research lifted their price objective on FTAI Aviation from $180.00 to $190.00 and gave the company a "buy" rating in a report on Tuesday, December 31st. StockNews.com raised shares of FTAI Aviation to a "sell" rating in a report on Saturday, March 15th. 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 note on Friday, January 10th. Finally, Citigroup reiterated a "buy" rating on shares of FTAI Aviation in a research note on Thursday, March 6th.

FTAI Aviation Stock Down 1.5 %

Shares of FTAI traded down $1.41 during midday trading on Wednesday, reaching $93.00. 1,879,228 shares of the stock were exchanged, compared to its average volume of 1,707,216. The company has a market cap of $9.54 billion, a price-to-earnings ratio of -929.91 and a beta of 1.79. The firm has a 50 day simple moving average of $109.96 and a 200-day simple moving average of $129.65. FTAI Aviation has a 12-month low of $68.50 and a 12-month high of $181.64.

FTAI Aviation Dividend Announcement

The firm also recently declared 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 1.29%. The ex-dividend date was Friday, March 14th. FTAI Aviation's dividend payout ratio is -342.86%.

Hedge Funds Weigh In On FTAI Aviation

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sara Bay Financial bought a new position in shares of FTAI Aviation in the 4th quarter worth $547,000. Ibex Wealth Advisors acquired a new position in shares of FTAI Aviation during the 4th quarter worth about $3,518,000. Rhumbline Advisers increased its stake in shares of FTAI Aviation by 2.2% in the 4th quarter. Rhumbline Advisers now owns 142,072 shares of the financial services provider's stock valued at $20,464,000 after acquiring an additional 3,121 shares during the last quarter. SeaCrest Wealth Management LLC raised its position in shares of FTAI Aviation by 77.1% in the 4th quarter. SeaCrest Wealth Management LLC now owns 6,555 shares of the financial services provider's stock valued at $944,000 after acquiring an additional 2,853 shares during the period. Finally, Franklin Resources Inc. boosted its stake in FTAI Aviation by 102.8% during the 3rd quarter. Franklin Resources Inc. now owns 411,476 shares of the financial services provider's stock worth $54,685,000 after acquiring an additional 208,613 shares during the last quarter. 88.96% of the stock is owned by institutional investors.

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.