FTAI Aviation Ltd. (NYSE:FTAI) Stock Holdings Boosted by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 56.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,843 shares of the financial services provider's stock after purchasing an additional 57,448 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.16% of FTAI Aviation worth $21,243,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Brown Brothers Harriman & Co. acquired a new stake in shares of FTAI Aviation during the 3rd quarter worth about $26,000. Arcadia Investment Management Corp MI acquired a new stake in FTAI Aviation during the second quarter worth approximately $33,000. Farther Finance Advisors LLC raised its holdings 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 valued at $46,000 after acquiring an additional 189 shares during the last quarter. Ridgewood Investments LLC purchased a new position in shares of FTAI Aviation during the 2nd quarter worth $59,000. Finally, Raymond James Trust N.A. acquired a new stake in shares of FTAI Aviation during the third quarter worth $200,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on FTAI shares. Barclays increased their target price on FTAI Aviation from $135.00 to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday. Compass Point increased their price objective on shares of FTAI Aviation from $118.00 to $156.00 and gave the stock a "buy" rating in a report on Friday, September 27th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $160.00 target price on shares of FTAI Aviation in a research report on Friday, November 1st. Benchmark boosted their price target on FTAI Aviation from $150.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Finally, Jefferies Financial Group raised their price objective on FTAI Aviation from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Monday, September 30th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $166.18.

FTAI Aviation Trading Down 0.8 %

FTAI stock traded down $1.24 during mid-day trading on Friday, hitting $157.11. 1,699,313 shares of the company were exchanged, compared to its average volume of 1,041,856. The company has a market capitalization of $16.11 billion, a PE ratio of -1,583.34 and a beta of 2.06. The firm has a fifty day simple moving average of $151.05 and a 200 day simple moving average of $120.80. FTAI Aviation Ltd. has a twelve month low of $41.45 and a twelve month high of $177.18.

FTAI Aviation (NYSE:FTAI - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.01). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The firm had revenue of $465.80 million during the quarter, compared to the consensus estimate of $422.45 million. During the same period in the prior year, the firm earned $0.33 earnings per share. The firm's quarterly revenue was up 60.0% compared to the same quarter last year. As a group, sell-side analysts anticipate 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 was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend was Thursday, November 14th. FTAI Aviation's dividend payout ratio (DPR) is presently -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.