Catalyst Funds Management Pty Ltd Acquires Shares of 9,625 FTAI Aviation Ltd. (NYSE:FTAI)

Catalyst Funds Management Pty Ltd acquired a new stake in shares of FTAI Aviation Ltd. (NYSE:FTAI) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 9,625 shares of the financial services provider’s stock, valued at approximately $1,386,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in shares of FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 189 shares in the last quarter. Atria Investments Inc increased its holdings in shares of FTAI Aviation by 3.9% during the 3rd quarter. Atria Investments Inc now owns 6,630 shares of the financial services provider’s stock valued at $881,000 after purchasing an additional 251 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of FTAI Aviation during the 3rd quarter valued at approximately $1,131,000. Versor Investments LP purchased a new position in shares of FTAI Aviation during the 3rd quarter valued at approximately $286,000. Finally, GSA Capital Partners LLP purchased a new position in shares of FTAI Aviation during the 3rd quarter valued at approximately $260,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Stock Up 3.1 %

FTAI Aviation stock opened at $104.31 on Friday. FTAI Aviation Ltd. has a 52-week low of $57.73 and a 52-week high of $181.64. The firm has a market capitalization of $10.70 billion, a price-to-earnings ratio of -1,043.00 and a beta of 2.06. The company has a fifty day simple moving average of $119.45 and a 200-day simple moving average of $133.63.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend is Friday, March 14th. FTAI Aviation’s payout ratio is -342.86%.

Analysts Set New Price Targets

Several research firms have recently weighed in on FTAI. Royal Bank of Canada reaffirmed an “outperform” rating and set a $160.00 target price on shares of FTAI Aviation in a report on Wednesday, January 22nd. Wolfe Research raised shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a report on Friday, January 10th. Compass Point boosted their price target on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. StockNews.com raised shares of FTAI Aviation to a “sell” rating in a report on Saturday. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $123.00 price target (up previously from $100.00) on shares of FTAI Aviation in a report on Monday, March 3rd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, FTAI Aviation presently has an average rating of “Moderate Buy” and a consensus target price of $173.67.

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.