Emerald Mutual Fund Advisers Trust Has $51.88 Million Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

Emerald Mutual Fund Advisers Trust trimmed its stake in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 20.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 360,198 shares of the financial services provider's stock after selling 93,671 shares during the quarter. FTAI Aviation makes up about 3.2% of Emerald Mutual Fund Advisers Trust's portfolio, making the stock its 2nd biggest holding. Emerald Mutual Fund Advisers Trust owned 0.35% of FTAI Aviation worth $51,883,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of FTAI. Transce3nd LLC bought a new stake in FTAI Aviation in the 4th quarter valued at $29,000. Anchor Investment Management LLC acquired a new position in FTAI Aviation in the 3rd quarter valued at $31,000. Private Trust Co. NA raised its holdings in FTAI Aviation by 221.1% in the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock valued at $35,000 after acquiring an additional 168 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in FTAI Aviation in the 4th quarter valued at $36,000. Finally, Blue Trust Inc. acquired a new position in FTAI Aviation in the 4th quarter valued at $56,000. 88.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. StockNews.com upgraded FTAI Aviation to a "sell" rating in a research report on Wednesday, April 23rd. Wolfe Research upgraded shares of FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price target for the company in a report on Friday, January 10th. Citigroup reiterated a "buy" rating on shares of FTAI Aviation in a research report on Thursday, March 6th. 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 report on Monday, March 3rd. Finally, Morgan Stanley lowered their price objective on shares of FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $170.33.

FTAI Aviation Trading Down 18.9 %

Shares of FTAI stock traded down $20.21 during mid-day trading on Thursday, reaching $86.90. The stock had a trading volume of 6,348,184 shares, compared to its average volume of 1,729,282. FTAI Aviation Ltd. has a 52-week low of $73.03 and a 52-week high of $181.64. The stock's 50-day moving average price is $105.85 and its two-hundred day moving average price is $127.05. The firm has a market capitalization of $8.91 billion, a PE ratio of -868.91 and a beta of 1.79.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.08). FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. During the same quarter in the prior year, the business posted $0.31 EPS. FTAI Aviation's revenue was up 53.7% compared to the same quarter last year. On average, equities research analysts forecast that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 14th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend was Friday, March 14th. FTAI Aviation's payout ratio is -342.86%.

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.