FTAI Aviation Ltd. (NYSE:FTAI) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its holdings in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 27.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 70,948 shares of the financial services provider's stock after selling 26,622 shares during the period. Segall Bryant & Hamill LLC owned about 0.07% of FTAI Aviation worth $10,219,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in FTAI Aviation during the third quarter worth $26,000. Anchor Investment Management LLC purchased a new stake in FTAI Aviation in the third quarter worth $31,000. Private Trust Co. NA lifted 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 last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of FTAI Aviation during the fourth quarter valued at $36,000. Finally, Blue Trust Inc. bought a new position in shares of FTAI Aviation in the fourth quarter worth about $56,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FTAI has been the subject of several recent research reports. Stifel Nicolaus reaffirmed 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. StockNews.com upgraded shares of FTAI Aviation to a "sell" rating in a report on Saturday, March 15th. BTIG Research increased their price objective on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a "buy" rating in a research note on Tuesday, December 31st. Compass Point boosted their price objective on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a "buy" rating in a research note on Tuesday, December 17th. Finally, Wolfe Research upgraded FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 target price for the company in a report on Friday, January 10th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $173.67.

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FTAI Aviation Stock Performance

FTAI stock traded down $1.33 on Monday, hitting $111.03. 1,468,790 shares of the company's stock were exchanged, compared to its average volume of 1,645,187. The firm has a 50 day moving average price of $111.61 and a two-hundred day moving average price of $133.12. FTAI Aviation Ltd. has a 12-month low of $65.00 and a 12-month high of $181.64. The stock has a market cap of $11.39 billion, a P/E ratio of -1,110.19 and a beta of 2.06.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 14th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.08%. FTAI Aviation's dividend payout ratio (DPR) is currently -342.86%.

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.