FTAI Aviation Ltd. (NYSE:FTAI) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. increased its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 1.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 10,547,939 shares of the financial services provider’s stock after buying an additional 184,730 shares during the period. Vanguard Group Inc. owned 0.10% of FTAI Aviation worth $1,519,325,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC boosted its holdings in shares of FTAI Aviation by 3.6% during the 4th quarter. LPL Financial LLC now owns 24,588 shares of the financial services provider’s stock worth $3,542,000 after purchasing an additional 853 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in FTAI Aviation during the fourth quarter worth $2,982,000. Sei Investments Co. grew its holdings in FTAI Aviation by 34.6% in the 4th quarter. Sei Investments Co. now owns 82,092 shares of the financial services provider’s stock valued at $11,825,000 after buying an additional 21,084 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of FTAI Aviation in the 4th quarter worth $428,000. Finally, Quantbot Technologies LP raised its holdings in shares of FTAI Aviation by 92.8% during the 4th quarter. Quantbot Technologies LP now owns 87,017 shares of the financial services provider’s stock worth $12,534,000 after acquiring an additional 41,891 shares during the period. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

NYSE:FTAI opened at $114.52 on Friday. FTAI Aviation Ltd. has a 1 year low of $65.00 and a 1 year high of $181.64. The stock has a market cap of $11.74 billion, a P/E ratio of -1,145.09 and a beta of 2.06. The stock has a 50-day simple moving average of $111.63 and a 200-day simple moving average of $132.94.

FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 14th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend was Friday, March 14th. FTAI Aviation’s dividend payout ratio (DPR) is -342.86%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FTAI. 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. Compass Point raised their price target on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Wolfe Research upgraded FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a report on Friday, January 10th. Citigroup reissued a “buy” rating on shares of FTAI Aviation in a research note on Thursday, March 6th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $123.00 price target (up previously from $100.00) on shares of FTAI Aviation in a research note on Monday, March 3rd. Two investment 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $173.67.

FTAI Aviation Company 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.