FTAI Aviation’s (FTAI) Hold Rating Reaffirmed at Stifel Nicolaus

Stifel Nicolaus reaffirmed their hold rating on shares of FTAI Aviation (NYSE:FTAI) in a research report report published on Monday, MarketBeat Ratings reports. The brokerage currently has a $123.00 price objective on the financial services provider’s stock, up from their prior price objective of $100.00.

FTAI has been the subject of several other reports. BTIG Research lifted their price target on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Royal Bank of Canada reiterated an “outperform” rating and issued a $160.00 target price on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Barclays increased their price target on FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 4th. Wolfe Research upgraded FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Friday, January 10th. Finally, StockNews.com upgraded FTAI Aviation to a “sell” rating in a report on Friday. Two research analysts have rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $173.67.

FTAI Aviation Price Performance

Shares of FTAI stock opened at $118.61 on Monday. The stock’s fifty day simple moving average is $124.92 and its 200 day simple moving average is $134.61. FTAI Aviation has a one year low of $54.84 and a one year high of $181.64. The firm has a market cap of $12.16 billion, a price-to-earnings ratio of -1,185.98 and a beta of 2.05.

FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 14th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Friday, March 14th. FTAI Aviation’s dividend payout ratio (DPR) is -342.86%.

Institutional Trading of FTAI Aviation

Several institutional investors and hedge funds have recently made changes to their positions in the business. Capital International Investors grew its stake in shares of FTAI Aviation by 39.7% during the fourth quarter. Capital International Investors now owns 10,677,171 shares of the financial services provider’s stock worth $1,537,940,000 after purchasing an additional 3,034,838 shares during the period. Vanguard Group Inc. increased its stake in shares of FTAI Aviation by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 10,547,939 shares of the financial services provider’s stock valued at $1,519,325,000 after acquiring an additional 184,730 shares during the last quarter. Geode Capital Management LLC raised its position in shares of FTAI Aviation by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider’s stock valued at $317,202,000 after acquiring an additional 61,897 shares during the period. State Street Corp boosted its stake in FTAI Aviation by 1.7% during the 3rd 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 during the last quarter. Finally, Hood River Capital Management LLC grew its holdings in FTAI Aviation by 8.0% during the fourth quarter. Hood River Capital Management LLC now owns 2,069,824 shares of the financial services provider’s stock valued at $298,137,000 after purchasing an additional 153,909 shares during the period. Institutional investors own 88.96% of the company’s stock.

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.