Quantbot Technologies LP boosted its holdings in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 92.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,017 shares of the financial services provider's stock after purchasing an additional 41,891 shares during the quarter. FTAI Aviation comprises 0.5% of Quantbot Technologies LP's investment portfolio, making the stock its 23rd largest holding. Quantbot Technologies LP owned 0.08% of FTAI Aviation worth $12,534,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the company. Orion Portfolio Solutions LLC raised its position in FTAI Aviation by 2.9% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider's stock worth $483,000 after buying an additional 102 shares during the last quarter. Merit Financial Group LLC raised its position in FTAI Aviation by 2.5% during the 4th quarter. Merit Financial Group LLC now owns 4,256 shares of the financial services provider's stock worth $613,000 after buying an additional 105 shares during the last quarter. MML Investors Services LLC raised its position in FTAI Aviation by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider's stock worth $288,000 after buying an additional 129 shares during the last quarter. CIBC Asset Management Inc raised its position in FTAI Aviation by 4.5% during the 4th quarter. CIBC Asset Management Inc now owns 3,389 shares of the financial services provider's stock worth $488,000 after buying an additional 147 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in FTAI Aviation by 7.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 2,405 shares of the financial services provider's stock worth $346,000 after buying an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 88.96% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on FTAI shares. Royal Bank of Canada restated an "outperform" rating and set a $160.00 price objective on shares of FTAI Aviation in a research report on Wednesday, January 22nd. StockNews.com raised shares of FTAI Aviation to a "sell" rating in a research note on Saturday. Compass Point upped their price target 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. Wolfe Research raised shares of FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price target on the stock in a research note on Friday, January 10th. Finally, BTIG Research upped their price target on shares of FTAI Aviation from $180.00 to $190.00 and gave the stock a "buy" rating in a research note on Tuesday, December 31st. Two investment 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $173.67.
View Our Latest Analysis on FTAI Aviation
FTAI Aviation Stock Performance
NYSE FTAI traded down $4.59 during trading hours on Tuesday, reaching $102.39. The company's stock had a trading volume of 1,066,977 shares, compared to its average volume of 1,588,686. The stock has a market cap of $10.50 billion, a PE ratio of -1,023.80 and a beta of 2.06. FTAI Aviation Ltd. has a fifty-two week low of $58.41 and a fifty-two week high of $181.64. The company's 50-day moving average is $118.43 and its two-hundred day moving average is $133.68.
FTAI Aviation Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.17%. FTAI Aviation's dividend payout ratio is currently -342.86%.
About FTAI Aviation
(
Free Report)
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.
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