FTAI Aviation Ltd. (NYSE:FTAI) Shares Sold by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC reduced its position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 10.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,075 shares of the financial services provider's stock after selling 2,500 shares during the period. Clear Harbor Asset Management LLC's holdings in FTAI Aviation were worth $3,180,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC lifted its stake in shares of FTAI Aviation by 2.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider's stock valued at $483,000 after purchasing an additional 102 shares during the last quarter. Merit Financial Group LLC boosted its stake in FTAI Aviation by 2.5% during the fourth quarter. Merit Financial Group LLC now owns 4,256 shares of the financial services provider's stock worth $613,000 after buying an additional 105 shares during the period. MML Investors Services LLC increased its position in FTAI Aviation by 6.3% during the third quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider's stock valued at $288,000 after acquiring an additional 129 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in shares of FTAI Aviation by 5.8% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider's stock worth $352,000 after acquiring an additional 145 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its stake in FTAI Aviation by 8.5% in the fourth quarter. Park Avenue Securities LLC now owns 2,187 shares of the financial services provider's stock worth $315,000 after purchasing an additional 172 shares during the last quarter. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Trading Down 25.4 %

Shares of NYSE:FTAI traded down $28.59 on Tuesday, reaching $83.79. The company had a trading volume of 18,417,762 shares, compared to its average volume of 5,727,423. FTAI Aviation Ltd. has a 52-week low of $49.81 and a 52-week high of $181.64. The firm's 50 day simple moving average is $147.90 and its 200-day simple moving average is $132.52. The firm has a market capitalization of $8.59 billion, a PE ratio of -837.82 and a beta of 2.09.

FTAI Aviation (NYSE:FTAI - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.01). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The firm had revenue of $465.80 million for the quarter, compared to analysts' expectations of $422.45 million. During the same period in the previous year, the company posted $0.33 earnings per share. The business's quarterly revenue was up 60.0% compared to the same quarter last year. As a group, equities research analysts predict that FTAI Aviation Ltd. will post 2.21 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.43%. The ex-dividend date was Thursday, November 14th. FTAI Aviation's dividend payout ratio is currently -1,199.88%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on FTAI shares. Barclays increased their price target on FTAI Aviation from $135.00 to $180.00 and gave the stock an "overweight" rating in a report on Wednesday, December 4th. 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 research note on Friday, January 10th. BTIG Research boosted their target price 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 raised their price target on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a "buy" rating in a research note on Tuesday, December 17th. Finally, Benchmark boosted their price objective on shares of FTAI Aviation from $150.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. Based on data from MarketBeat, FTAI Aviation currently has an average rating of "Moderate Buy" and a consensus price target of $177.33.

About FTAI Aviation

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.