Blair William & Co. IL Buys 49,159 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Blair William & Co. IL increased its stake in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 285.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,391 shares of the financial services provider’s stock after purchasing an additional 49,159 shares during the quarter. Blair William & Co. IL owned about 0.06% of FTAI Aviation worth $9,563,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Loomis Sayles & Co. L P bought a new position in FTAI Aviation in the 4th quarter valued at $18,150,000. Morey & Quinn Wealth Partners LLC bought a new position in FTAI Aviation in the fourth quarter valued at about $3,640,000. EFG Asset Management North America Corp. increased its position in FTAI Aviation by 7.4% in the fourth quarter. EFG Asset Management North America Corp. now owns 28,741 shares of the financial services provider’s stock worth $4,139,000 after purchasing an additional 1,988 shares during the period. Congress Wealth Management LLC DE bought a new stake in FTAI Aviation during the 4th quarter worth about $288,000. Finally, Advantage Alpha Capital Partners LP acquired a new position in FTAI Aviation during the 4th quarter valued at about $6,899,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Down 1.9 %

Shares of FTAI stock opened at $112.36 on Friday. The company has a market capitalization of $11.52 billion, a price-to-earnings ratio of -1,123.49 and a beta of 2.06. FTAI Aviation Ltd. has a 12-month low of $65.00 and a 12-month high of $181.64. The firm has a fifty day moving average of $111.63 and a 200-day moving average of $133.07.

FTAI Aviation Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $160.00 price objective on shares of FTAI Aviation in a report on Wednesday, January 22nd. Stifel Nicolaus reaffirmed a “hold” rating and set a $123.00 price objective (up 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 report on Saturday, March 15th. Wolfe Research upgraded FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a report on Friday, January 10th. Finally, Citigroup reaffirmed a “buy” rating on shares of FTAI Aviation in a research note on Thursday, March 6th. Two research 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price 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.