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

Advantage Alpha Capital Partners LP bought a new stake in FTAI Aviation Ltd. (NYSE:FTAI) in the fourth quarter, HoldingsChannel reports. The fund bought 47,894 shares of the financial services provider’s stock, valued at approximately $6,899,000. FTAI Aviation accounts for approximately 1.6% of Advantage Alpha Capital Partners LP’s investment portfolio, making the stock its 14th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTAI. Vanguard Group Inc. grew its stake in shares of FTAI Aviation by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 10,547,939 shares of the financial services provider’s stock valued at $1,519,325,000 after buying an additional 184,730 shares in the last quarter. LPL Financial LLC grew its position in shares of FTAI Aviation by 3.6% in the 4th quarter. LPL Financial LLC now owns 24,588 shares of the financial services provider’s stock valued at $3,542,000 after acquiring an additional 853 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of FTAI Aviation during the 4th quarter worth about $2,982,000. Sei Investments Co. raised its holdings in shares of FTAI Aviation by 34.6% in the 4th quarter. Sei Investments Co. now owns 82,092 shares of the financial services provider’s stock valued at $11,825,000 after purchasing an additional 21,084 shares during the period. Finally, Virtu Financial LLC acquired a new position in FTAI Aviation during the fourth quarter worth approximately $428,000. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Stock Performance

Shares of NYSE FTAI opened at $107.23 on Monday. FTAI Aviation Ltd. has a 52 week low of $65.00 and a 52 week high of $181.64. 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 stock’s fifty day moving average is $113.51 and its 200 day moving average is $133.20.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 14th will be paid a $0.30 dividend. 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 (DPR) is -342.86%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on FTAI shares. Compass Point raised 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. Citigroup reaffirmed a “buy” rating on shares of FTAI Aviation in a report on Thursday, March 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $160.00 price objective on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Wolfe Research upgraded 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 research note on Friday, January 10th. Finally, Barclays raised their price objective on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 4th. Two research 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 MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.