FTAI Aviation’s (FTAI) “Hold” Rating Reiterated at Stifel Nicolaus

Stifel Nicolaus reiterated their hold rating on shares of FTAI Aviation (NYSE:FTAI) in a research report report published on Monday, MarketBeat reports. Stifel Nicolaus currently has a $123.00 target price on the financial services provider’s stock, up from their previous target price of $100.00.

Other equities analysts have also issued reports about the stock. Wolfe Research upgraded shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a research note on Friday, January 10th. Royal Bank of Canada reiterated an “outperform” rating and issued a $160.00 price target on shares of FTAI Aviation in a research note on Wednesday, January 22nd. StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a research note on Friday, February 28th. Barclays increased their price target on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, December 4th. Finally, BTIG Research increased their price target 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. Two analysts have rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $173.67.

FTAI Aviation Stock Down 1.8 %

Shares of NYSE:FTAI opened at $113.13 on Monday. The firm’s 50 day moving average price is $124.63 and its 200 day moving average price is $134.62. The stock has a market cap of $11.60 billion, a price-to-earnings ratio of -1,131.19 and a beta of 2.05. FTAI Aviation has a fifty-two week low of $54.84 and a fifty-two week high of $181.64.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 14th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.06%. FTAI Aviation’s dividend payout ratio (DPR) is -342.86%.

Hedge Funds Weigh In On FTAI Aviation

A number of hedge funds and other institutional investors have recently bought and sold shares of FTAI. Farther Finance Advisors LLC grew its position 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 buying an additional 189 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new stake in FTAI Aviation in the third quarter valued at $498,000. D.B. Root & Company LLC acquired a new stake in FTAI Aviation in the third quarter valued at $221,000. Atria Investments Inc lifted its holdings in FTAI Aviation by 3.9% in the third quarter. Atria Investments Inc now owns 6,630 shares of the financial services provider’s stock valued at $881,000 after acquiring an additional 251 shares during the period. Finally, Axxcess Wealth Management LLC acquired a new stake in FTAI Aviation in the third quarter valued at $479,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

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.