Natixis Advisors LLC Invests $1.89 Million in FTAI Aviation Ltd. (NYSE:FTAI)

Natixis Advisors LLC acquired a new position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,232 shares of the financial services provider's stock, valued at approximately $1,891,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arcadia Investment Management Corp MI purchased a new stake in FTAI Aviation in the second quarter worth about $33,000. Farther Finance Advisors LLC increased its stake in shares of FTAI Aviation by 118.1% during the third quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 189 shares in the last quarter. Ridgewood Investments LLC bought a new position in shares of FTAI Aviation during the second quarter valued at approximately $59,000. D.B. Root & Company LLC bought a new position in shares of FTAI Aviation during the third quarter valued at approximately $221,000. Finally, Motiv8 Investments LLC bought a new position in shares of FTAI Aviation during the third quarter valued at approximately $225,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Trading Up 2.2 %

NYSE:FTAI traded up $3.70 during trading hours on Tuesday, reaching $171.96. The company had a trading volume of 755,847 shares, compared to its average volume of 1,043,621. FTAI Aviation Ltd. has a 52 week low of $40.29 and a 52 week high of $177.18. The firm has a market cap of $17.63 billion, a price-to-earnings ratio of -1,719.60 and a beta of 2.04. The firm's 50 day moving average price is $145.20 and its 200-day moving average price is $116.50.

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

FTAI Aviation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date was Thursday, November 14th. FTAI Aviation's dividend payout ratio (DPR) is presently -1,200.00%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Barclays raised their target price on shares of FTAI Aviation from $110.00 to $135.00 and gave the company an "overweight" rating in a research note on Friday, November 1st. Royal Bank of Canada reaffirmed an "outperform" rating and set a $160.00 target price on shares of FTAI Aviation in a research note on Friday, November 1st. StockNews.com raised shares of FTAI Aviation to a "sell" rating in a research note on Friday, August 2nd. Citigroup raised their price target on shares of FTAI Aviation from $134.00 to $165.00 and gave the company a "buy" rating in a research report on Monday, October 28th. Finally, Benchmark raised their price target on shares of FTAI Aviation from $150.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Two analysts have rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $162.09.

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.