Atria Wealth Solutions Inc. Invests $205,000 in FTAI Aviation Ltd. (NYSE:FTAI)

Atria Wealth Solutions Inc. purchased a new stake in shares of FTAI Aviation Ltd. (NYSE:FTAI) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,426 shares of the financial services provider’s stock, valued at approximately $205,000.

Other large investors have also recently modified their holdings of the company. Westfield Capital Management Co. LP grew its holdings in FTAI Aviation by 87.1% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider’s stock worth $220,618,000 after acquiring an additional 773,017 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of FTAI Aviation by 229.9% during the third quarter. Victory Capital Management Inc. now owns 380,207 shares of the financial services provider’s stock valued at $50,530,000 after purchasing an additional 264,971 shares in the last quarter. Vantage Investment Partners LLC purchased a new position in FTAI Aviation during the third quarter valued at approximately $32,769,000. Franklin Resources Inc. raised its stake in FTAI Aviation by 102.8% in the third quarter. Franklin Resources Inc. now owns 411,476 shares of the financial services provider’s stock worth $54,685,000 after buying an additional 208,613 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in FTAI Aviation by 18.7% during the third quarter. JPMorgan Chase & Co. now owns 1,154,808 shares of the financial services provider’s stock worth $153,474,000 after buying an additional 182,252 shares during the period. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Trading Down 0.7 %

NYSE FTAI opened at $128.71 on Monday. FTAI Aviation Ltd. has a 12-month low of $54.84 and a 12-month high of $181.64. The company has a fifty day simple moving average of $125.10 and a two-hundred day simple moving average of $134.53. The stock has a market cap of $13.20 billion, a P/E ratio of -1,286.97 and a beta of 2.05.

FTAI Aviation Dividend Announcement

The company also recently announced 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 0.93%. FTAI Aviation’s dividend payout ratio (DPR) is -342.86%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. StockNews.com upgraded FTAI Aviation to a “sell” rating in a report on Friday. Barclays raised their price objective on FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, December 4th. Stifel Nicolaus reduced their target price on shares of FTAI Aviation from $167.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday, January 22nd. Royal Bank of Canada restated an “outperform” rating and issued a $160.00 price target on shares of FTAI Aviation in a report on Wednesday, January 22nd. Finally, 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 research note on Tuesday, December 17th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $171.75.

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.