Fuller & Thaler Asset Management Inc. Acquires 29,355 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Fuller & Thaler Asset Management Inc. grew its holdings in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 394,489 shares of the financial services provider's stock after buying an additional 29,355 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 0.38% of FTAI Aviation worth $56,822,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FTAI. Quantessence Capital LLC bought a new stake in FTAI Aviation in the fourth quarter valued at $822,000. Harvest Investment Services LLC purchased a new stake in shares of FTAI Aviation in the 4th quarter worth about $214,000. Hsbc Holdings PLC boosted its stake in shares of FTAI Aviation by 290.1% during the 4th quarter. Hsbc Holdings PLC now owns 47,553 shares of the financial services provider's stock valued at $6,972,000 after purchasing an additional 35,363 shares in the last quarter. Stifel Financial Corp increased its position in shares of FTAI Aviation by 22.8% during the fourth quarter. Stifel Financial Corp now owns 60,592 shares of the financial services provider's stock valued at $8,728,000 after buying an additional 11,240 shares during the period. Finally, Teachers Retirement System of The State of Kentucky raised its stake in FTAI Aviation by 19.7% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 32,337 shares of the financial services provider's stock worth $4,658,000 after buying an additional 5,324 shares in the last quarter. 88.96% of the stock is currently owned by institutional investors.

FTAI Aviation Price Performance

Shares of FTAI stock traded up $3.38 during trading hours on Monday, reaching $108.22. 1,160,116 shares of the company traded hands, compared to its average volume of 1,705,891. The firm has a 50-day moving average price of $108.21 and a 200 day moving average price of $128.01. The company has a market cap of $11.10 billion, a P/E ratio of -1,082.09 and a beta of 1.79. FTAI Aviation Ltd. has a 12-month low of $69.93 and a 12-month high of $181.64.

FTAI Aviation Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 14th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date was Friday, March 14th. FTAI Aviation's dividend payout ratio (DPR) is -342.86%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FTAI. Citigroup reissued a "buy" rating on shares of FTAI Aviation in a research 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 report on Friday, January 10th. BTIG Research upped their target price on shares of FTAI Aviation from $180.00 to $190.00 and gave the stock a "buy" rating in a research report on Tuesday, December 31st. Morgan Stanley dropped their price objective on shares of FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Finally, Stifel Nicolaus reiterated a "hold" rating and set a $123.00 target price (up from $100.00) on shares of FTAI Aviation in a report on Monday, March 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, FTAI Aviation has an average rating of "Moderate Buy" and an average price target 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.