FTAI Aviation (NYSE:FTAI) Upgraded to Sell at StockNews.com

StockNews.com upgraded shares of FTAI Aviation (NYSE:FTAI) to a sell rating in a research note released on Friday.

Other equities analysts also recently issued reports about the stock. BTIG Research increased their price objective on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Royal Bank of Canada reaffirmed an “outperform” rating and set a $160.00 price objective on shares of FTAI Aviation in a report on Wednesday, January 22nd. Benchmark raised their price target on shares of FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Compass Point raised their price target on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Finally, Stifel Nicolaus decreased their price target on shares of FTAI Aviation from $167.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, FTAI Aviation presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.75.

FTAI Aviation Stock Performance

FTAI stock opened at $128.71 on Friday. The firm has a market cap of $13.20 billion, a PE ratio of -1,286.97 and a beta of 2.05. The firm’s fifty day moving average is $125.10 and its 200 day moving average is $134.10. FTAI Aviation has a one year low of $54.84 and a one year high of $181.64.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Friday, March 14th. FTAI Aviation’s dividend payout ratio (DPR) is presently -342.86%.

Institutional Investors Weigh In On FTAI Aviation

Institutional investors have recently made changes to their positions in the stock. Brown Brothers Harriman & Co. acquired a new stake in shares of FTAI Aviation during the third quarter valued at about $26,000. Virtus Fund Advisers LLC acquired a new stake in shares of FTAI Aviation during the fourth quarter valued at about $26,000. Transce3nd LLC acquired a new stake in shares of FTAI Aviation during the fourth quarter valued at about $29,000. Kapitalo Investimentos Ltda acquired a new stake in shares of FTAI Aviation during the fourth quarter valued at about $30,000. Finally, Anchor Investment Management LLC acquired a new stake in shares of FTAI Aviation during the third quarter valued at about $31,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

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.