FTAI Aviation Ltd. (NYSE:FTAI) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC boosted its position in FTAI Aviation Ltd. (NYSE:FTAI) by 0.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,386,999 shares of the financial services provider’s stock after buying an additional 674 shares during the quarter. Geode Capital Management LLC’s holdings in FTAI Aviation were worth $343,901,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of FTAI Aviation by 56.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 159,843 shares of the financial services provider’s stock worth $21,243,000 after acquiring an additional 57,448 shares in the last quarter. Morse Asset Management Inc acquired a new position in shares of FTAI Aviation in the 3rd quarter valued at approximately $354,000. Stifel Financial Corp boosted its stake in shares of FTAI Aviation by 12.7% during the 3rd quarter. Stifel Financial Corp now owns 49,352 shares of the financial services provider’s stock valued at $6,559,000 after buying an additional 5,554 shares during the last quarter. State Street Corp grew its position in shares of FTAI Aviation by 1.7% during the third quarter. State Street Corp now owns 2,325,049 shares of the financial services provider’s stock worth $308,999,000 after buying an additional 38,279 shares in the last quarter. Finally, Two Sigma Advisers LP grew its position in shares of FTAI Aviation by 10.0% during the third quarter. Two Sigma Advisers LP now owns 1,048,600 shares of the financial services provider’s stock worth $139,359,000 after buying an additional 95,200 shares in the last quarter. 88.96% of the stock is owned by hedge funds and other institutional investors.

FTAI Aviation Stock Performance

FTAI Aviation stock opened at $88.32 on Friday. FTAI Aviation Ltd. has a one year low of $66.22 and a one year high of $181.64. The company has a 50-day simple moving average of $112.69 and a 200-day simple moving average of $132.45. The firm has a market capitalization of $9.06 billion, a P/E ratio of -883.11 and a beta of 1.78.

FTAI Aviation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 14th were paid a $0.30 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.36%. FTAI Aviation’s payout ratio is currently -342.86%.

Wall Street Analysts Forecast Growth

FTAI has been the topic of a number of research analyst reports. BTIG Research increased their price objective on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Compass Point lifted their price target on FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Stifel Nicolaus restated a “hold” rating and set a $123.00 price objective (up previously from $100.00) on shares of FTAI Aviation in a research note on Monday, March 3rd. StockNews.com upgraded FTAI Aviation to a “sell” rating in a research report on Saturday, March 15th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $160.00 price objective on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $173.67.

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.