Advantage Alpha Capital Partners LP Makes New $6.90 Million Investment in FTAI Aviation Ltd. (NYSE:FTAI)

Advantage Alpha Capital Partners LP purchased a new stake in FTAI Aviation Ltd. (NYSE:FTAI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 47,894 shares of the financial services provider’s stock, valued at approximately $6,899,000. FTAI Aviation accounts for about 1.6% of Advantage Alpha Capital Partners LP’s investment portfolio, making the stock its 14th biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Brown Brothers Harriman & Co. bought a new position in FTAI Aviation in the 3rd quarter worth $26,000. Anchor Investment Management LLC bought a new position in shares of FTAI Aviation in the third quarter worth about $31,000. Private Trust Co. NA lifted its position in shares of FTAI Aviation by 221.1% during the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 168 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of FTAI Aviation during the 4th quarter worth about $36,000. Finally, Blue Trust Inc. bought a new stake in FTAI Aviation during the 4th quarter valued at approximately $56,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FTAI has been the subject of a number of research analyst reports. Citigroup reiterated a “buy” rating on shares of FTAI Aviation in a report on Thursday, March 6th. Wolfe Research upgraded shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price for the company in a research note on Friday, January 10th. Compass Point boosted their price objective 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. Barclays increased their target price on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, December 4th. Finally, StockNews.com upgraded FTAI Aviation to a “sell” rating in a research note on Saturday, March 15th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $173.67.

FTAI Aviation Stock Up 0.5 %

Shares of FTAI Aviation stock opened at $107.23 on Monday. The stock has a market capitalization of $11.00 billion, a P/E ratio of -1,072.19 and a beta of 2.06. The company has a 50-day simple moving average of $113.51 and a 200 day simple moving average of $133.20. FTAI Aviation Ltd. has a 12-month low of $65.00 and a 12-month high of $181.64.

FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 14th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.12%. FTAI Aviation’s dividend payout ratio is -342.86%.

FTAI Aviation 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.