FTAI Aviation Ltd. (NYSE:FTAI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of FTAI Aviation Ltd. (NYSE:FTAI) have been given a consensus rating of “Moderate Buy” by the twelve brokerages that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $173.67.

A number of research analysts have weighed in on the company. StockNews.com raised shares of FTAI Aviation to a “sell” rating in a research report on Saturday, March 15th. Citigroup restated a “buy” rating on shares of FTAI Aviation in a research report on Thursday, March 6th. Compass Point lifted their price objective on FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Barclays increased their target price on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Finally, Wolfe Research raised shares of 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.

FTAI Aviation Stock Performance

Shares of NYSE:FTAI opened at $112.36 on Friday. The firm has a market cap of $11.52 billion, a price-to-earnings ratio of -1,123.49 and a beta of 2.06. The business has a 50-day simple moving average of $111.63 and a two-hundred day simple moving average of $132.94. FTAI Aviation has a fifty-two week low of $65.00 and a fifty-two week high of $181.64.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 14th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend was Friday, March 14th. FTAI Aviation’s dividend payout ratio (DPR) is presently -342.86%.

Hedge Funds Weigh In On FTAI Aviation

A number of institutional investors and hedge funds have recently modified their holdings of FTAI. Brown Brothers Harriman & Co. bought a new stake in shares of FTAI Aviation in the 3rd quarter worth about $26,000. Virtus Fund Advisers LLC purchased a new stake in FTAI Aviation in the 4th quarter worth about $26,000. Transce3nd LLC bought a new stake in FTAI Aviation in the fourth quarter worth about $29,000. Kapitalo Investimentos Ltda purchased a new position in shares of FTAI Aviation during the fourth quarter valued at approximately $30,000. Finally, Anchor Investment Management LLC bought a new position in shares of FTAI Aviation during the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

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.