97,570 Shares in FTAI Aviation Ltd. (NYSE:FTAI) Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC acquired a new position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 97,570 shares of the financial services provider's stock, valued at approximately $12,967,000. Segall Bryant & Hamill LLC owned about 0.10% of FTAI Aviation as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Foundations Investment Advisors LLC raised its stake in shares of FTAI Aviation by 5.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider's stock valued at $352,000 after purchasing an additional 145 shares during the period. Farther Finance Advisors LLC lifted 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 purchasing an additional 189 shares in the last quarter. KBC Group NV grew its position in shares of FTAI Aviation by 8.2% during the 3rd quarter. KBC Group NV now owns 2,705 shares of the financial services provider's stock valued at $359,000 after purchasing an additional 206 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of FTAI Aviation by 2.0% in the second quarter. Hsbc Holdings PLC now owns 11,255 shares of the financial services provider's stock worth $1,163,000 after buying an additional 216 shares in the last quarter. Finally, Xponance Inc. boosted its stake in FTAI Aviation by 4.1% during the second quarter. Xponance Inc. now owns 6,275 shares of the financial services provider's stock valued at $648,000 after buying an additional 248 shares during the period. 88.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FTAI has been the topic of several recent analyst reports. Citigroup raised their price target on FTAI Aviation from $134.00 to $165.00 and gave the company a "buy" rating in a report on Monday, October 28th. BTIG Research started coverage on shares of FTAI Aviation in a report on Monday, August 26th. They issued a "buy" rating and a $140.00 price target on the stock. Royal Bank of Canada restated an "outperform" rating and set a $160.00 price target on shares of FTAI Aviation in a research report on Friday, November 1st. StockNews.com upgraded FTAI Aviation to a "sell" rating in a report on Friday, August 2nd. Finally, Barclays increased their price objective on FTAI Aviation from $110.00 to $135.00 and gave the company an "overweight" rating in a research report on Friday, November 1st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $162.09.

FTAI Aviation Trading Up 0.1 %

NYSE:FTAI opened at $171.21 on Thursday. The company has a 50 day simple moving average of $142.33 and a two-hundred day simple moving average of $114.26. The company has a market cap of $17.56 billion, a PE ratio of 70.67 and a beta of 2.04. FTAI Aviation Ltd. has a 12 month low of $40.29 and a 12 month high of $173.97.

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

FTAI Aviation Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Thursday, November 14th will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.20 annualized dividend and a yield of 0.70%. FTAI Aviation's payout ratio is -1,199.88%.

About FTAI Aviation

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.