EAM Investors LLC Has $4.82 Million Stock Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

EAM Investors LLC reduced its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 50.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 33,475 shares of the financial services provider’s stock after selling 34,631 shares during the period. EAM Investors LLC’s holdings in FTAI Aviation were worth $4,822,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Anchor Investment Management LLC acquired a new stake in FTAI Aviation during the third quarter valued at approximately $31,000. Private Trust Co. NA lifted its holdings in shares of FTAI Aviation by 221.1% during the fourth quarter. Private Trust Co. NA now owns 244 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 168 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of FTAI Aviation in the 4th quarter valued at $36,000. Blue Trust Inc. bought a new stake in shares of FTAI Aviation in the 4th quarter worth about $56,000. Finally, National Bank of Canada FI acquired a new stake in shares of FTAI Aviation during the 4th quarter worth about $65,000. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Trading Down 3.3 %

Shares of NYSE FTAI opened at $95.83 on Wednesday. The firm has a market capitalization of $9.83 billion, a PE ratio of -958.20 and a beta of 1.79. The firm’s 50-day moving average is $111.33 and its 200-day moving average is $130.50. FTAI Aviation Ltd. has a 1 year low of $66.22 and a 1 year high of $181.64.

FTAI Aviation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders 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 yield of 1.25%. The ex-dividend date was Friday, March 14th. FTAI Aviation’s dividend payout ratio is presently -342.86%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on FTAI shares. Royal Bank of Canada restated an “outperform” rating and issued a $160.00 price target on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Wolfe Research upgraded FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a research report on Friday, January 10th. Compass Point raised their price target on FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Morgan Stanley reduced their price objective on FTAI Aviation from $168.00 to $138.00 and set an “overweight” rating on the stock in a research note on Friday, April 11th. Finally, Citigroup restated a “buy” rating on shares of FTAI Aviation in a research note on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.83.

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.