Swiss National Bank Has $28.97 Million Stock Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

Swiss National Bank boosted its position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 201,092 shares of the financial services provider's stock after acquiring an additional 5,300 shares during the quarter. Swiss National Bank owned 0.20% of FTAI Aviation worth $28,965,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of FTAI. Brown Brothers Harriman & Co. bought a new stake in FTAI Aviation during the third quarter valued at $26,000. Anchor Investment Management LLC bought a new stake in FTAI Aviation during the third quarter worth approximately $31,000. Private Trust Co. NA raised its position 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 worth $35,000 after purchasing an additional 168 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of FTAI Aviation during the fourth quarter valued at approximately $36,000. Finally, Blue Trust Inc. purchased a new stake in FTAI Aviation in the 4th quarter worth about $56,000. 88.96% of the stock is owned by institutional investors and hedge funds.

FTAI Aviation Trading Up 0.5 %

FTAI stock traded up $0.53 during mid-day trading on Friday, hitting $107.23. The stock had a trading volume of 1,451,146 shares, compared to its average volume of 1,594,801. FTAI Aviation Ltd. has a 52 week low of $63.35 and a 52 week high of $181.64. The firm has a market capitalization of $11.00 billion, a P/E ratio of -1,072.19 and a beta of 2.06. The firm has a fifty day simple moving average of $114.84 and a 200 day simple moving average of $133.14.

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FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend is Friday, March 14th. FTAI Aviation's payout ratio is currently -342.86%.

Analyst Ratings Changes

FTAI has been the subject of several analyst reports. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $160.00 price objective on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Stifel Nicolaus reissued a "hold" rating and issued a $123.00 price target (up previously from $100.00) on shares of FTAI Aviation in a research report on Monday, March 3rd. Compass Point boosted their target price on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a "buy" rating in a research report on Tuesday, December 17th. Citigroup reissued a "buy" rating on shares of FTAI Aviation in a research report on Thursday, March 6th. Finally, StockNews.com raised FTAI Aviation to a "sell" rating in a report on Saturday, March 15th. Two 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's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $173.67.

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.