Capital International Investors Has $1.54 Billion Stock Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

Capital International Investors lifted its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 39.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,677,171 shares of the financial services provider’s stock after purchasing an additional 3,034,838 shares during the quarter. Capital International Investors owned approximately 10.41% of FTAI Aviation worth $1,537,940,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FTAI. Anchor Investment Management LLC bought a new stake in FTAI Aviation in the third quarter worth $31,000. Private Trust Co. NA lifted 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 last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of FTAI Aviation during the 4th quarter worth about $36,000. Blue Trust Inc. acquired a new position in shares of FTAI Aviation during the 4th quarter valued at about $56,000. Finally, National Bank of Canada FI acquired a new position in shares of FTAI Aviation during the 4th quarter valued at about $65,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on FTAI shares. Stifel Nicolaus reaffirmed a “hold” rating and set a $123.00 target price (up previously from $100.00) on shares of FTAI Aviation in a research report on Monday, March 3rd. BTIG Research raised their target price on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. StockNews.com raised shares of FTAI Aviation to a “sell” rating in a research report on Saturday, March 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $160.00 price objective on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Finally, Wolfe Research raised FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, FTAI Aviation has an average rating of “Moderate Buy” and an average target price of $172.83.

FTAI Aviation Trading Down 1.5 %

Shares of NYSE:FTAI opened at $93.00 on Friday. The business’s 50 day moving average is $110.49 and its 200-day moving average is $129.97. The firm has a market capitalization of $9.54 billion, a PE ratio of -929.91 and a beta of 1.79. FTAI Aviation Ltd. has a 1-year low of $66.22 and a 1-year high of $181.64.

FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 14th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend was Friday, March 14th. FTAI Aviation’s dividend payout ratio (DPR) is presently -342.86%.

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.