Roman Butler Fullerton & Co. Raises Position in FTAI Aviation Ltd. (NYSE:FTAI)

Roman Butler Fullerton & Co. raised its holdings in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 98.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,848 shares of the financial services provider's stock after acquiring an additional 13,303 shares during the quarter. Roman Butler Fullerton & Co.'s holdings in FTAI Aviation were worth $1,246,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Public Employees Retirement System of Ohio grew its position in shares of FTAI Aviation by 37.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 848 shares of the financial services provider's stock worth $30,000 after buying an additional 231 shares in the last quarter. Operose Advisors LLC bought a new position in shares of FTAI Aviation during the 3rd quarter worth $75,000. PNC Financial Services Group Inc. bought a new position in shares of FTAI Aviation during the 2nd quarter worth $83,000. BlackRock Inc. bought a new position in shares of FTAI Aviation during the 1st quarter worth $96,000. Finally, CI Investments Inc. bought a new position in shares of FTAI Aviation during the 3rd quarter worth $150,000. Institutional investors own 88.96% of the company's stock.

Analyst Ratings Changes

FTAI has been the topic of a number of recent research reports. Barclays increased their price target on FTAI Aviation from $62.00 to $80.00 and gave the stock an "overweight" rating in a research report on Thursday, April 4th. Morgan Stanley upped their price objective on FTAI Aviation from $58.00 to $70.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 27th. Stifel Nicolaus restated a "hold" rating and set a $59.00 price objective (up from $40.00) on shares of FTAI Aviation in a research note on Monday, February 26th. Benchmark upped their price objective on FTAI Aviation from $45.00 to $100.00 and gave the stock a "buy" rating in a research note on Friday, March 15th. Finally, StockNews.com cut FTAI Aviation from a "hold" rating to a "sell" rating in a research note on Friday, April 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $54.25.

FTAI Aviation Price Performance

FTAI Aviation stock traded down $1.84 during midday trading on Thursday, reaching $68.07. The company's stock had a trading volume of 1,117,581 shares, compared to its average volume of 843,333. The stock's 50-day simple moving average is $61.77 and its 200-day simple moving average is $49.66. FTAI Aviation Ltd. has a 52-week low of $26.58 and a 52-week high of $73.54. The stock has a market capitalization of $6.82 billion, a P/E ratio of 32.41 and a beta of 1.90.

FTAI Aviation (NYSE:FTAI - Get Free Report) last announced its quarterly earnings data 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. FTAI Aviation had a return on equity of 223.80% and a net margin of 20.82%. The firm had revenue of $312.74 million during the quarter, compared to analysts' expectations of $310.04 million. During the same period last year, the business posted $0.20 earnings per share. The company's revenue for the quarter was up 14.0% compared to the same quarter last year. As a group, equities research analysts expect that FTAI Aviation Ltd. will post 2.43 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Friday, March 8th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Thursday, March 7th. FTAI Aviation's payout ratio is 57.14%.

FTAI Aviation Company 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.