Stifel Financial Corp Purchases 5,554 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Stifel Financial Corp boosted its holdings in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 12.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 49,352 shares of the financial services provider's stock after buying an additional 5,554 shares during the period. Stifel Financial Corp's holdings in FTAI Aviation were worth $6,559,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FTAI. Foundations Investment Advisors LLC increased its position in shares of FTAI Aviation by 5.8% during the third quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider's stock worth $352,000 after acquiring an additional 145 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of FTAI Aviation by 118.1% in the 3rd 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. Brown Brothers Harriman & Co. purchased a new position in shares of FTAI Aviation during the 3rd quarter valued at approximately $26,000. KBC Group NV grew its position in shares of FTAI Aviation by 8.2% during the third quarter. KBC Group NV now owns 2,705 shares of the financial services provider's stock worth $359,000 after buying an additional 206 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake 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 during the last quarter. 88.96% of the stock is owned by institutional investors and hedge funds.

FTAI Aviation Price Performance

FTAI traded down $3.36 during trading on Friday, reaching $131.72. 2,343,598 shares of the stock traded hands, compared to its average volume of 1,055,882. FTAI Aviation Ltd. has a fifty-two week low of $44.15 and a fifty-two week high of $177.18. The stock's 50-day simple moving average is $152.48 and its two-hundred day simple moving average is $123.43. The stock has a market cap of $13.51 billion, a price-to-earnings ratio of -1,317.07 and a beta of 2.06.

FTAI Aviation (NYSE:FTAI - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $422.45 million. FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. FTAI Aviation's quarterly revenue was up 60.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 earnings per share. Research analysts anticipate that FTAI Aviation Ltd. will post 2.21 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend was Thursday, November 14th. FTAI Aviation's dividend payout ratio is -1,199.88%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Compass Point upped their price target on FTAI Aviation from $118.00 to $156.00 and gave the company a "buy" rating in a research report on Friday, September 27th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $160.00 price target on shares of FTAI Aviation in a report on Friday, November 1st. Morgan Stanley reiterated an "underperform" rating on shares of FTAI Aviation in a research note on Friday, October 18th. Citigroup upped their target price on FTAI Aviation from $134.00 to $165.00 and gave the company a "buy" rating in a report on Monday, October 28th. Finally, Benchmark raised their price target on FTAI Aviation from $150.00 to $300.00 and gave the stock a "buy" rating in a 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 issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $166.18.

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.