FTAI Aviation Ltd. (NYSE:FTAI) is Hood River Capital Management LLC's Largest Position

Hood River Capital Management LLC increased its holdings in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,069,824 shares of the financial services provider's stock after buying an additional 153,909 shares during the period. FTAI Aviation accounts for 4.4% of Hood River Capital Management LLC's investment portfolio, making the stock its biggest position. Hood River Capital Management LLC owned approximately 2.02% of FTAI Aviation worth $298,137,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Morse Asset Management Inc purchased a new position in FTAI Aviation in the 3rd quarter worth approximately $354,000. MML Investors Services LLC lifted its stake 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 worth $288,000 after purchasing an additional 129 shares during the last quarter. Barclays PLC increased its position in shares of FTAI Aviation by 73.5% during the 3rd quarter. Barclays PLC now owns 214,610 shares of the financial services provider's stock valued at $28,520,000 after purchasing an additional 90,905 shares during the last quarter. Anchor Investment Management LLC bought a new stake in FTAI Aviation in the 3rd quarter worth approximately $31,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in FTAI Aviation in the third quarter worth approximately $478,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Price Performance

FTAI stock traded up $1.12 during trading on Monday, hitting $105.96. 488,314 shares of the stock traded hands, compared to its average volume of 1,703,309. The stock has a market cap of $10.87 billion, a price-to-earnings ratio of -1,058.46 and a beta of 1.79. FTAI Aviation Ltd. has a 1 year low of $69.93 and a 1 year high of $181.64. The firm's 50 day moving average is $108.21 and its two-hundred day moving average is $128.01.

FTAI Aviation Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 14th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.20 annualized dividend and a yield of 1.13%. FTAI Aviation's dividend payout ratio (DPR) is presently -342.86%.

Analyst Ratings Changes

Several analysts have weighed in on FTAI shares. Stifel Nicolaus reissued a "hold" rating and issued a $123.00 price target (up from $100.00) on shares of FTAI Aviation in a research note on Monday, March 3rd. BTIG Research upped their price target on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a "buy" rating in a report on Tuesday, December 31st. Morgan Stanley dropped their price objective on FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Wolfe Research raised FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price target for the company in a research note on Friday, January 10th. Finally, 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. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat, FTAI Aviation currently has a consensus rating of "Moderate Buy" and a consensus price target of $172.83.

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.