FTAI Aviation Ltd. (NYSE:FTAI) Stake Boosted by Vantage Investment Partners LLC

Vantage Investment Partners LLC raised its position in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 21.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 298,778 shares of the financial services provider’s stock after acquiring an additional 52,207 shares during the period. FTAI Aviation makes up approximately 3.8% of Vantage Investment Partners LLC’s holdings, making the stock its 8th largest holding. Vantage Investment Partners LLC’s holdings in FTAI Aviation were worth $43,036,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FTAI. Geode Capital Management LLC boosted its stake in FTAI Aviation by 2.7% during the third quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider’s stock worth $317,202,000 after acquiring an additional 61,897 shares in the last quarter. State Street Corp boosted its holdings in FTAI Aviation by 1.7% in the third quarter. State Street Corp now owns 2,325,049 shares of the financial services provider’s stock worth $308,999,000 after acquiring an additional 38,279 shares in the last quarter. Westfield Capital Management Co. LP grew its stake in shares of FTAI Aviation by 87.1% in the third quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider’s stock worth $220,618,000 after acquiring an additional 773,017 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of FTAI Aviation by 18.7% during the third quarter. JPMorgan Chase & Co. now owns 1,154,808 shares of the financial services provider’s stock valued at $153,474,000 after acquiring an additional 182,252 shares in the last quarter. Finally, Two Sigma Advisers LP boosted its stake in FTAI Aviation by 10.0% in the 3rd quarter. Two Sigma Advisers LP now owns 1,048,600 shares of the financial services provider’s stock worth $139,359,000 after purchasing an additional 95,200 shares in the last quarter. Hedge funds and other institutional investors own 88.96% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on FTAI shares. Wolfe Research upgraded shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a report on Friday, January 10th. Stifel Nicolaus lowered their target price on shares of FTAI Aviation from $167.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of FTAI Aviation from $125.00 to $160.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Morgan Stanley reaffirmed an “underperform” rating on shares of FTAI Aviation in a research report on Friday, October 18th. Finally, Compass Point lifted their price objective on FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Two investment analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $171.75.

FTAI Aviation Stock Up 0.7 %

Shares of FTAI Aviation stock opened at $91.65 on Tuesday. The stock’s 50-day simple moving average is $142.59 and its 200-day simple moving average is $132.33. The company has a market capitalization of $9.40 billion, a price-to-earnings ratio of -916.41 and a beta of 2.09. FTAI Aviation Ltd. has a 52 week low of $52.00 and a 52 week high of $181.64.

FTAI Aviation (NYSE:FTAI) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.01). The company had revenue of $465.80 million for the quarter, compared to the consensus estimate of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The company’s quarterly revenue was up 60.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 EPS. On average, equities analysts expect that FTAI Aviation Ltd. will post 2.21 earnings per share for the current year.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.31%. The ex-dividend date was Thursday, November 14th. FTAI Aviation’s dividend payout ratio is -1,199.88%.

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.