FTAI Aviation Ltd. (NYSE:FTAI) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. lifted its stake in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 168.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,583 shares of the financial services provider's stock after purchasing an additional 2,875 shares during the quarter. Harbour Investments Inc.'s holdings in FTAI Aviation were worth $660,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of FTAI. Brown Brothers Harriman & Co. purchased a new position in FTAI Aviation in the third quarter worth $26,000. Anchor Investment Management LLC acquired a new stake in FTAI Aviation in the third quarter valued at $31,000. Private Trust Co. NA increased its position in shares of FTAI Aviation by 221.1% in the fourth quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock valued at $35,000 after buying an additional 168 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of FTAI Aviation in the fourth quarter valued at $36,000. Finally, Blue Trust Inc. purchased a new position in shares of FTAI Aviation in the fourth quarter valued at $56,000. Hedge funds and other institutional investors own 88.96% of the company's stock.

FTAI Aviation Trading Up 0.5 %

FTAI traded up $0.53 during midday trading on Friday, hitting $107.23. The company's stock had a trading volume of 1,451,149 shares, compared to its average volume of 1,599,058. The firm has a market cap of $11.00 billion, a P/E ratio of -1,072.19 and a beta of 2.06. The firm has a 50-day moving average price of $113.51 and a two-hundred day moving average price of $133.11. FTAI Aviation Ltd. has a 52-week low of $65.00 and a 52-week high of $181.64.

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FTAI Aviation Dividend Announcement

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

Analyst Ratings Changes

FTAI has been the subject of a number of research analyst reports. Wolfe Research upgraded FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price target for the company in a research report on Friday, January 10th. BTIG Research raised their price target on FTAI Aviation from $180.00 to $190.00 and gave the company a "buy" rating in a research report on Tuesday, December 31st. Royal Bank of Canada restated an "outperform" rating and issued a $160.00 price target on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Stifel Nicolaus restated 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. Finally, Compass Point lifted their price objective on FTAI Aviation from $175.00 to $181.00 and gave the stock a "buy" rating in a research report on Tuesday, December 17th. Two 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.com, the company has an average rating of "Moderate Buy" and an average target price 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.