126,006 Shares in FTAI Aviation Ltd. (NYSE:FTAI) Acquired by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P bought a new stake in FTAI Aviation Ltd. (NYSE:FTAI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 126,006 shares of the financial services provider’s stock, valued at approximately $18,150,000. Loomis Sayles & Co. L P owned approximately 0.12% of FTAI Aviation as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. bought a new position in shares of FTAI Aviation during the 3rd quarter valued at about $26,000. Anchor Investment Management LLC bought a new position in FTAI Aviation in the third quarter valued at approximately $31,000. Private Trust Co. NA boosted its holdings in shares of FTAI Aviation by 221.1% in the fourth quarter. Private Trust Co. NA now owns 244 shares of the financial services provider’s stock valued at $35,000 after buying an additional 168 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of FTAI Aviation during the fourth quarter worth $36,000. Finally, Blue Trust Inc. acquired a new stake in shares of FTAI Aviation during the fourth quarter worth $56,000. Institutional investors own 88.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on FTAI shares. Barclays upped their target price on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. StockNews.com upgraded FTAI Aviation to a “sell” rating in a report on Saturday, March 15th. Citigroup restated a “buy” rating on shares of FTAI Aviation in a research note on Thursday, March 6th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $160.00 price target on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Finally, Wolfe Research raised shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $173.67.

FTAI Aviation Price Performance

Shares of FTAI opened at $112.36 on Friday. The firm has a 50-day moving average of $111.63 and a 200-day moving average of $132.94. The company has a market cap of $11.52 billion, a PE ratio of -1,123.49 and a beta of 2.06. FTAI Aviation Ltd. has a one year low of $65.00 and a one year high of $181.64.

FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 14th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date was Friday, March 14th. FTAI Aviation’s dividend payout ratio (DPR) is presently -342.86%.

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.