FTAI Aviation Ltd. (NYSE:FTAI) Stake Increased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC raised its stake in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 77.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,555 shares of the financial services provider's stock after acquiring an additional 2,853 shares during the quarter. SeaCrest Wealth Management LLC's holdings in FTAI Aviation were worth $944,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in FTAI. Orion Portfolio Solutions LLC raised its holdings in FTAI Aviation by 2.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider's stock valued at $483,000 after acquiring an additional 102 shares during the last quarter. MML Investors Services LLC lifted its position in FTAI Aviation by 6.3% during the third 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 period. Foundations Investment Advisors LLC boosted its stake in FTAI Aviation by 5.8% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider's stock worth $352,000 after buying an additional 145 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in FTAI Aviation by 118.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider's stock worth $46,000 after buying an additional 189 shares during the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in FTAI Aviation in the 3rd quarter valued at about $26,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Trading Up 6.6 %

NYSE:FTAI traded up $7.63 during trading hours on Thursday, hitting $123.71. The stock had a trading volume of 6,588,402 shares, compared to its average volume of 4,260,987. The company has a market cap of $12.69 billion, a PE ratio of -1,237.01 and a beta of 2.09. The business has a 50 day simple moving average of $151.99 and a two-hundred day simple moving average of $132.31. FTAI Aviation Ltd. has a 1-year low of $47.21 and a 1-year high of $181.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by ($0.01). The firm had revenue of $465.80 million for the quarter, compared to analyst estimates of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. FTAI Aviation's revenue for the quarter was up 60.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 earnings per share. Research analysts expect that FTAI Aviation Ltd. will post 2.2 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Thursday, November 14th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.97%. The ex-dividend date was Thursday, November 14th. FTAI Aviation's dividend payout ratio (DPR) is -1,200.00%.

Analysts Set New Price Targets

FTAI has been the topic of several research analyst reports. Stifel Nicolaus raised their target price on shares of FTAI Aviation from $156.00 to $167.00 and gave the stock a "buy" rating in a research report on Tuesday, December 31st. Compass Point lifted their price target on shares of FTAI Aviation from $175.00 to $181.00 and gave the company a "buy" rating in a report on Tuesday, December 17th. BTIG Research upped their price objective on FTAI Aviation from $180.00 to $190.00 and gave the stock a "buy" rating in a report on Tuesday, December 31st. Morgan Stanley reiterated an "underperform" rating on shares of FTAI Aviation in a report on Friday, October 18th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $160.00 price target on shares of FTAI Aviation in a research note on Friday, November 1st. Two research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to MarketBeat, FTAI Aviation currently has an average rating of "Moderate Buy" and an average target price of $177.33.

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.