Analysts Set FTAI Aviation Ltd. (NYSE:FTAI) Price Target at $173.67

FTAI Aviation Ltd. (NYSE:FTAI) has been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $173.67.

A number of equities analysts have issued reports on FTAI shares. Barclays lifted their price objective 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. 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. Stifel Nicolaus reiterated a “hold” rating and issued a $123.00 price objective (up previously from $100.00) on shares of FTAI Aviation in a research note on Monday, March 3rd. Citigroup restated a “buy” rating on shares of FTAI Aviation in a research note on Thursday, March 6th. Finally, Wolfe Research raised FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research report on Friday, January 10th.

FTAI Aviation Stock Performance

Shares of FTAI opened at $114.91 on Friday. The firm has a market capitalization of $11.78 billion, a P/E ratio of -1,148.99 and a beta of 2.06. FTAI Aviation has a 52 week low of $65.00 and a 52 week high of $181.64. The stock has a 50 day moving average price of $112.51 and a two-hundred day moving average price of $133.17.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 14th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Friday, March 14th. FTAI Aviation’s dividend payout ratio is currently -342.86%.

Hedge Funds Weigh In On FTAI Aviation

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FTAI. GSA Capital Partners LLP purchased a new stake in shares of FTAI Aviation during the 3rd quarter valued at approximately $260,000. CIBC Asset Management Inc bought a new stake in FTAI Aviation during the 3rd quarter valued at $431,000. Natixis Advisors LLC bought a new stake in FTAI Aviation during the 3rd quarter valued at $1,891,000. Avior Wealth Management LLC lifted its position in shares of FTAI Aviation by 101.4% during the third quarter. Avior Wealth Management LLC now owns 5,074 shares of the financial services provider’s stock worth $674,000 after acquiring an additional 2,555 shares in the last quarter. Finally, Intech Investment Management LLC bought a new position in shares of FTAI Aviation in the third quarter worth $3,651,000. Institutional investors own 88.96% of the company’s stock.

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.