Stifel Financial Corp Has $8.73 Million Stock Position in FTAI Aviation Ltd. (NYSE:FTAI)

Stifel Financial Corp boosted its position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 22.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 60,592 shares of the financial services provider's stock after purchasing an additional 11,240 shares during the quarter. Stifel Financial Corp owned about 0.06% of FTAI Aviation worth $8,728,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in FTAI. Morse Asset Management Inc bought a new stake in shares of FTAI Aviation during the third quarter worth approximately $354,000. Barclays PLC grew its holdings in FTAI Aviation by 73.5% during the 3rd quarter. Barclays PLC now owns 214,610 shares of the financial services provider's stock worth $28,520,000 after acquiring an additional 90,905 shares during the period. Anchor Investment Management LLC acquired a new position in shares of FTAI Aviation in the 3rd quarter valued at $31,000. Wilmington Savings Fund Society FSB acquired a new position in shares of FTAI Aviation in the 3rd quarter valued at $478,000. Finally, Tidal Investments LLC boosted its position in shares of FTAI Aviation by 64.7% in the 3rd quarter. Tidal Investments LLC now owns 23,652 shares of the financial services provider's stock worth $3,143,000 after purchasing an additional 9,293 shares during the last quarter. 88.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at FTAI Aviation

In other FTAI Aviation news, CEO Joseph P. Jr. Adams acquired 3,000 shares of the company's stock in a transaction on Friday, May 2nd. The shares were purchased at an average price of $94.54 per share, for a total transaction of $283,620.00. Following the completion of the purchase, the chief executive officer now directly owns 341,852 shares of the company's stock, valued at approximately $32,318,688.08. This represents a 0.89 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO David Moreno bought 6,580 shares of FTAI Aviation stock in a transaction dated Friday, May 2nd. The shares were acquired at an average price of $94.85 per share, with a total value of $624,113.00. Following the completion of the purchase, the chief operating officer now directly owns 231,623 shares in the company, valued at $21,969,441.55. This trade represents a 2.92 % increase in their position. The disclosure for this purchase can be found here. 1.60% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on FTAI shares. StockNews.com upgraded FTAI Aviation to a "sell" rating in a report on Wednesday, April 23rd. Royal Bank of Canada decreased their price objective on shares of FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating for the company in a report on Friday. 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. Stifel Nicolaus raised shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price target on the stock in a research report on Friday. Finally, Barclays lowered their price objective on shares of FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a sell rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $167.83.

FTAI Aviation Stock Up 3.5 %

FTAI traded up $3.05 during trading hours on Friday, hitting $89.95. 4,384,396 shares of the company's stock were exchanged, compared to its average volume of 1,743,133. FTAI Aviation Ltd. has a 1-year low of $75.06 and a 1-year high of $181.64. The stock's 50-day moving average is $105.00 and its two-hundred day moving average is $126.54. The stock has a market cap of $9.22 billion, a price-to-earnings ratio of -899.41 and a beta of 1.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.08). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. During the same period in the prior year, the firm posted $0.31 earnings per share. The business's revenue for the quarter was up 53.7% compared to the same quarter last year. On average, equities research analysts anticipate that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 16th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Friday, May 16th. FTAI Aviation's payout ratio is presently 571.43%.

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.