International Assets Investment Management LLC Makes New Investment in FTAI Aviation Ltd. (NYSE:FTAI)

International Assets Investment Management LLC bought a new stake in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 144,861 shares of the financial services provider's stock, valued at approximately $6,722,000. International Assets Investment Management LLC owned 0.14% of FTAI Aviation as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FTAI. Vanguard Group Inc. lifted its position in FTAI Aviation by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 8,422,511 shares of the financial services provider's stock worth $299,420,000 after buying an additional 110,367 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of FTAI Aviation by 291.1% during the 2nd quarter. BlackRock Inc. now owns 6,706,655 shares of the financial services provider's stock worth $212,333,000 after acquiring an additional 4,991,674 shares during the period. FMR LLC lifted its holdings in shares of FTAI Aviation by 179.7% during the 3rd quarter. FMR LLC now owns 6,216,983 shares of the financial services provider's stock worth $221,014,000 after acquiring an additional 3,994,578 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in FTAI Aviation by 36.8% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,736,600 shares of the financial services provider's stock valued at $97,286,000 after purchasing an additional 736,400 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in FTAI Aviation by 1.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,657,619 shares of the financial services provider's stock valued at $94,478,000 after purchasing an additional 31,815 shares during the last quarter. 88.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FTAI has been the topic of a number of research reports. Stifel Nicolaus reissued a "hold" rating and issued a $59.00 price objective (up previously from $40.00) on shares of FTAI Aviation in a research report on Monday, February 26th. Barclays lifted their price target on shares of FTAI Aviation from $62.00 to $80.00 and gave the company an "overweight" rating in a report on Thursday, April 4th. StockNews.com downgraded shares of FTAI Aviation from a "hold" rating to a "sell" rating in a research report on Friday. Morgan Stanley boosted their price target on shares of FTAI Aviation from $58.00 to $70.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 27th. Finally, Benchmark lifted their price objective on shares of FTAI Aviation from $45.00 to $100.00 and gave the company a "buy" rating in a research note on Friday, March 15th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, FTAI Aviation currently has an average rating of "Moderate Buy" and an average target price of $54.25.

FTAI Aviation Trading Down 0.1 %

Shares of NYSE:FTAI traded down $0.06 during trading on Monday, reaching $71.02. 806,595 shares of the company traded hands, compared to its average volume of 831,533. The firm has a market capitalization of $7.12 billion, a price-to-earnings ratio of 33.82 and a beta of 1.90. FTAI Aviation Ltd. has a 52-week low of $26.58 and a 52-week high of $73.54. The business's fifty day moving average is $60.82 and its 200-day moving average is $49.13.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings results on Thursday, February 22nd. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.72. The firm had revenue of $312.74 million during the quarter, compared to analyst estimates of $310.04 million. FTAI Aviation had a return on equity of 223.80% and a net margin of 20.82%. FTAI Aviation's quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 EPS. On average, sell-side analysts predict that FTAI Aviation Ltd. will post 2.43 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Friday, March 8th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date was Thursday, March 7th. FTAI Aviation's payout ratio is 57.14%.

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.