Versor Investments LP Has $211,000 Stock Position in FTAI Aviation Ltd. (NYSE:FTAI)

Versor Investments LP lessened its position in FTAI Aviation Ltd. (NYSE:FTAI) by 31.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,467 shares of the financial services provider’s stock after selling 685 shares during the period. Versor Investments LP’s holdings in FTAI Aviation were worth $211,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC increased its stake in shares of FTAI Aviation by 2.7% in the third quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider’s stock valued at $317,202,000 after buying an additional 61,897 shares during the period. State Street Corp increased its stake in shares of FTAI Aviation by 1.7% in the third quarter. State Street Corp now owns 2,325,049 shares of the financial services provider’s stock valued at $308,999,000 after buying an additional 38,279 shares during the period. Westfield Capital Management Co. LP increased its stake in shares of FTAI Aviation by 87.1% in the third quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider’s stock valued at $220,618,000 after buying an additional 773,017 shares during the period. JPMorgan Chase & Co. increased its stake in shares of FTAI Aviation by 18.7% in the third quarter. JPMorgan Chase & Co. now owns 1,154,808 shares of the financial services provider’s stock valued at $153,474,000 after buying an additional 182,252 shares during the period. Finally, Two Sigma Advisers LP increased its stake in shares of FTAI Aviation by 10.0% in the third quarter. Two Sigma Advisers LP now owns 1,048,600 shares of the financial services provider’s stock valued at $139,359,000 after buying an additional 95,200 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on FTAI shares. BTIG Research increased their price target on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Stifel Nicolaus restated 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. Barclays upped their target price on FTAI Aviation from $135.00 to $180.00 and gave the company 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 target on the stock in a report on Friday, January 10th. Finally, Compass Point increased their price target on FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. 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 MarketBeat.com, FTAI Aviation has a consensus rating of “Moderate Buy” and a consensus price target of $173.67.

FTAI Aviation Stock Down 2.9 %

Shares of FTAI Aviation stock opened at $115.16 on Wednesday. The company has a market cap of $11.81 billion, a PE ratio of -1,151.48 and a beta of 2.05. FTAI Aviation Ltd. has a 52 week low of $54.84 and a 52 week high of $181.64. The business has a 50 day moving average price of $124.92 and a 200-day moving average price of $134.61.

FTAI Aviation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 14th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Friday, March 14th. FTAI Aviation’s dividend payout ratio (DPR) is presently -342.86%.

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.