FTAI Aviation Ltd. (NYSE:FTAI) Position Reduced by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC reduced its position in FTAI Aviation Ltd. (NYSE:FTAI) by 27.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 70,948 shares of the financial services provider’s stock after selling 26,622 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in FTAI Aviation were worth $10,219,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in FTAI Aviation during the 3rd quarter worth approximately $26,000. Anchor Investment Management LLC purchased a new stake in shares of FTAI Aviation in the third quarter valued at $31,000. Private Trust Co. NA boosted its position in shares of FTAI Aviation by 221.1% in the fourth quarter. Private Trust Co. NA now owns 244 shares of the financial services provider’s stock worth $35,000 after buying an additional 168 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of FTAI Aviation during the fourth quarter valued at $36,000. Finally, Blue Trust Inc. acquired a new position in FTAI Aviation during the fourth quarter valued at $56,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Trading Down 2.5 %

Shares of NYSE:FTAI opened at $114.00 on Thursday. The stock has a market capitalization of $11.69 billion, a PE ratio of -1,139.89 and a beta of 2.06. FTAI Aviation Ltd. has a 1 year low of $65.00 and a 1 year high of $181.64. The firm has a fifty day moving average price of $111.74 and a 200 day moving average price of $133.07.

FTAI Aviation Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 14th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, March 14th. FTAI Aviation’s dividend payout ratio is -342.86%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Royal Bank of Canada restated an “outperform” rating and set a $160.00 price objective on shares of FTAI Aviation in a research report on Wednesday, January 22nd. StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a report on Saturday, March 15th. Wolfe Research upgraded shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research note on Friday, January 10th. Citigroup reissued a “buy” rating on shares of FTAI Aviation in a research note on Thursday, March 6th. Finally, Barclays boosted their price target on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, December 4th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, FTAI Aviation has an average rating of “Moderate Buy” and an average target price of $173.67.

FTAI Aviation 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.