FTAI Aviation (NYSE:FTAI) Upgraded at StockNews.com

StockNews.com upgraded shares of FTAI Aviation (NYSE:FTAI) to a sell rating in a research report released on Saturday morning.

A number of other analysts also recently issued reports on FTAI. BTIG Research increased their target price on shares of FTAI Aviation from $180.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Barclays boosted their price objective on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. Royal Bank of Canada reissued an “outperform” rating and issued a $160.00 target price on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Stifel Nicolaus reaffirmed a “hold” rating and set a $123.00 price target (up from $100.00) on shares of FTAI Aviation in a research report on Monday, March 3rd. Finally, Citigroup reiterated a “buy” rating on shares of FTAI Aviation in a report on Thursday, March 6th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $173.67.

FTAI Aviation Trading Up 2.6 %

Shares of FTAI Aviation stock opened at $106.98 on Friday. The stock has a market capitalization of $10.97 billion, a P/E ratio of -1,069.69 and a beta of 2.06. The business’s fifty day moving average price is $118.43 and its 200 day moving average price is $133.68. FTAI Aviation has a twelve month low of $58.41 and a twelve month high of $181.64.

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 14th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.12%. FTAI Aviation’s payout ratio is -342.86%.

Institutional Trading of FTAI Aviation

Several hedge funds and other institutional investors have recently bought and sold shares of FTAI. Brown Brothers Harriman & Co. acquired a new position in FTAI Aviation in the third quarter worth $26,000. Virtus Fund Advisers LLC acquired a new position in shares of FTAI Aviation in the 4th quarter valued at about $26,000. Transce3nd LLC acquired a new position in shares of FTAI Aviation in the 4th quarter valued at about $29,000. Kapitalo Investimentos Ltda acquired a new stake in FTAI Aviation during the fourth quarter worth about $30,000. Finally, Anchor Investment Management LLC acquired a new stake in FTAI Aviation during the third quarter worth about $31,000. 88.96% of the stock is owned by institutional investors.

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.