FTAI Aviation Ltd. (NYSE:FTAI) Shares Purchased by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. lifted its stake in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 148.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 116,059 shares of the financial services provider's stock after purchasing an additional 69,260 shares during the period. FTAI Aviation accounts for about 0.7% of Harbor Capital Advisors Inc.'s investment portfolio, making the stock its 12th biggest holding. Harbor Capital Advisors Inc. owned about 0.11% of FTAI Aviation worth $16,717,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Oppenheimer & Co. Inc. increased its stake in shares of FTAI Aviation by 96.8% during the third quarter. Oppenheimer & Co. Inc. now owns 8,349 shares of the financial services provider's stock valued at $1,110,000 after purchasing an additional 4,106 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in shares of FTAI Aviation in the 3rd quarter worth about $498,000. Diversified Trust Co bought a new stake in FTAI Aviation during the 3rd quarter valued at about $1,738,000. Luxor Capital Group LP purchased a new position in FTAI Aviation in the third quarter worth about $1,298,000. Finally, Franklin Resources Inc. lifted its stake in shares of FTAI Aviation by 102.8% in the third quarter. Franklin Resources Inc. now owns 411,476 shares of the financial services provider's stock worth $54,685,000 after buying an additional 208,613 shares in the last quarter. Hedge funds and other institutional investors own 88.96% of the company's stock.

Analyst Upgrades and Downgrades

FTAI has been the topic of several analyst reports. Citigroup upped their price objective on FTAI Aviation from $134.00 to $165.00 and gave the company a "buy" rating in a research report on Monday, October 28th. Stifel Nicolaus lifted their price objective on FTAI Aviation from $156.00 to $167.00 and gave the stock a "buy" rating in a report on Tuesday, December 31st. BTIG Research boosted their price objective on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a "buy" rating in a report on Tuesday, December 31st. Wolfe Research raised FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 target price on the stock in a research report on Friday. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $160.00 target price on shares of FTAI Aviation in a report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $177.33.

FTAI Aviation Trading Up 3.1 %

Shares of FTAI traded up $5.24 during trading hours on Friday, reaching $174.02. 2,509,020 shares of the company traded hands, compared to its average volume of 1,826,686. The firm has a market cap of $17.85 billion, a price-to-earnings ratio of -1,740.03 and a beta of 2.09. FTAI Aviation Ltd. has a 12-month low of $46.88 and a 12-month high of $181.64. The stock's fifty day moving average price is $151.20 and its 200 day moving average price is $130.62.

FTAI Aviation (NYSE:FTAI - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.77 by ($0.01). The firm had revenue of $465.80 million during the quarter, compared to analysts' expectations of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The firm's revenue for the quarter was up 60.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.33 EPS. On average, research analysts forecast that FTAI Aviation Ltd. will post 2.21 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were given a $0.30 dividend. The ex-dividend date was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.69%. FTAI Aviation's payout ratio is -1,200.00%.

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.