FTAI Aviation Ltd. (NYSE:FTAI) Holdings Increased by Gilder Gagnon Howe & Co. LLC

Gilder Gagnon Howe & Co. LLC boosted its holdings in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 296.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 164,248 shares of the financial services provider's stock after purchasing an additional 122,803 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned about 0.16% of FTAI Aviation worth $23,658,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Capital International Investors raised its position in FTAI Aviation by 39.7% in the 4th quarter. Capital International Investors now owns 10,677,171 shares of the financial services provider's stock valued at $1,537,940,000 after purchasing an additional 3,034,838 shares during the last quarter. Norges Bank purchased a new stake in shares of FTAI Aviation in the fourth quarter valued at about $183,688,000. William Blair Investment Management LLC acquired a new stake in shares of FTAI Aviation during the fourth quarter worth about $174,372,000. Clearbridge Investments LLC grew its holdings in shares of FTAI Aviation by 104.3% during the fourth quarter. Clearbridge Investments LLC now owns 463,411 shares of the financial services provider's stock worth $66,750,000 after buying an additional 236,556 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in FTAI Aviation by 35.1% in the 4th quarter. Wellington Management Group LLP now owns 904,193 shares of the financial services provider's stock valued at $130,240,000 after acquiring an additional 234,874 shares during the period. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Stock Up 0.9 %

Shares of NYSE FTAI traded up $0.93 on Tuesday, hitting $109.15. The company had a trading volume of 1,043,314 shares, compared to its average volume of 1,705,857. FTAI Aviation Ltd. has a 12-month low of $70.08 and a 12-month high of $181.64. The firm has a market capitalization of $11.19 billion, a P/E ratio of -1,091.39 and a beta of 1.79. The business has a 50 day moving average of $107.86 and a two-hundred day moving average of $127.75.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 14th were given a $0.30 dividend. The ex-dividend date was Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.10%. FTAI Aviation's payout ratio is currently -342.86%.

Analyst Ratings Changes

FTAI has been the topic of several analyst reports. Stifel Nicolaus reaffirmed a "hold" rating and issued a $123.00 target price (up previously from $100.00) on shares of FTAI Aviation in a report on Monday, March 3rd. Morgan Stanley dropped their target price on FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. Royal Bank of Canada reissued an "outperform" rating and issued a $160.00 price target on shares of FTAI Aviation in a report on Wednesday, January 22nd. Wolfe Research raised FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price objective on the stock in a report on Friday, January 10th. Finally, Citigroup reissued a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, FTAI Aviation presently has a consensus rating of "Moderate Buy" and a consensus target price of $172.83.

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.