Nebula Research & Development LLC Acquires 3,327 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Nebula Research & Development LLC increased its stake in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 64.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,501 shares of the financial services provider's stock after purchasing an additional 3,327 shares during the quarter. Nebula Research & Development LLC's holdings in FTAI Aviation were worth $1,224,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Transce3nd LLC acquired a new stake in shares of FTAI Aviation during the 4th quarter worth approximately $29,000. Anchor Investment Management LLC bought a new position in FTAI Aviation in the third quarter valued at approximately $31,000. Private Trust Co. NA raised its position in shares of FTAI Aviation by 221.1% during 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 during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of FTAI Aviation during the 4th quarter valued at $36,000. Finally, Blue Trust Inc. acquired a new position in shares of FTAI Aviation in the 4th quarter valued at $56,000. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Price Performance

Shares of FTAI traded down $2.04 during midday trading on Wednesday, hitting $107.11. The stock had a trading volume of 1,686,001 shares, compared to its average volume of 1,705,779. The firm has a market cap of $10.98 billion, a price-to-earnings ratio of -1,070.99 and a beta of 1.79. The company has a 50 day simple moving average of $107.16 and a two-hundred day simple moving average of $127.62. FTAI Aviation Ltd. has a twelve month low of $70.08 and a twelve month high of $181.64.

FTAI Aviation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 14th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date was Friday, March 14th. FTAI Aviation's dividend payout ratio is presently -342.86%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on FTAI shares. Royal Bank of Canada reiterated an "outperform" rating and issued a $160.00 price objective on shares of FTAI Aviation in a report on Wednesday, January 22nd. StockNews.com raised FTAI Aviation to a "sell" rating in a research note on Wednesday, April 23rd. Stifel Nicolaus reissued a "hold" rating and set a $123.00 price objective (up previously from $100.00) on shares of FTAI Aviation in a research note on Monday, March 3rd. Wolfe Research raised shares of FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 target price for the company in a research note on Friday, January 10th. Finally, Morgan Stanley reduced their price target 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. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $172.83.

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.