Long Focus Capital Management LLC Sells 80,000 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Long Focus Capital Management LLC reduced its position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 14.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 480,000 shares of the financial services provider's stock after selling 80,000 shares during the period. FTAI Aviation comprises approximately 2.2% of Long Focus Capital Management LLC's holdings, making the stock its 10th largest position. Long Focus Capital Management LLC owned approximately 0.47% of FTAI Aviation worth $69,139,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Morse Asset Management Inc purchased a new stake in FTAI Aviation in the 3rd quarter worth approximately $354,000. MML Investors Services LLC lifted its stake in shares of FTAI Aviation by 6.3% in the third quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider's stock worth $288,000 after buying an additional 129 shares during the last quarter. Barclays PLC boosted its holdings in FTAI Aviation by 73.5% during the third quarter. Barclays PLC now owns 214,610 shares of the financial services provider's stock valued at $28,520,000 after acquiring an additional 90,905 shares during the period. Anchor Investment Management LLC acquired a new stake in FTAI Aviation in the 3rd quarter valued at approximately $31,000. Finally, Wilmington Savings Fund Society FSB bought a new position in FTAI Aviation during the third quarter worth $478,000. 88.96% of the stock is owned by institutional investors and hedge funds.

FTAI Aviation Stock Up 0.4 %

Shares of FTAI Aviation stock traded up $0.40 during trading on Monday, reaching $105.24. The company's stock had a trading volume of 355,366 shares, compared to its average volume of 1,702,765. FTAI Aviation Ltd. has a 52 week low of $69.93 and a 52 week high of $181.64. The firm has a market cap of $10.79 billion, a PE ratio of -1,052.33 and a beta of 1.79. The business's 50-day moving average price is $108.21 and its 200-day moving average price is $128.01.

FTAI Aviation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 14th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Friday, March 14th. FTAI Aviation's dividend payout ratio (DPR) is currently -342.86%.

Analysts Set New Price Targets

A number of analysts have commented on the company. 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 target (up from $100.00) on shares of FTAI Aviation in a research report on Monday, March 3rd. Morgan Stanley reduced their target price on shares of FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. Royal Bank of Canada reissued an "outperform" rating and issued a $160.00 target price 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 target price on the stock in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, FTAI Aviation presently has a consensus rating of "Moderate Buy" and an average 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.