Northern Right Capital Management L.P. Has $20.17 Million Stock Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

Northern Right Capital Management L.P. increased its position in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 10.1% during the 4th quarter, Holdings Channel reports. The firm owned 140,006 shares of the financial services provider’s stock after acquiring an additional 12,786 shares during the period. FTAI Aviation comprises 7.4% of Northern Right Capital Management L.P.’s investment portfolio, making the stock its 4th biggest position. Northern Right Capital Management L.P.’s holdings in FTAI Aviation were worth $20,166,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of FTAI. Merit Financial Group LLC raised its holdings in FTAI Aviation by 2.5% during the fourth quarter. Merit Financial Group LLC now owns 4,256 shares of the financial services provider’s stock valued at $613,000 after acquiring an additional 105 shares during the period. CIBC Asset Management Inc grew its position in shares of FTAI Aviation by 4.5% during the fourth quarter. CIBC Asset Management Inc now owns 3,389 shares of the financial services provider’s stock worth $488,000 after purchasing an additional 147 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in FTAI Aviation by 7.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 2,405 shares of the financial services provider’s stock valued at $346,000 after purchasing an additional 161 shares during the period. Private Trust Co. NA lifted its holdings in FTAI Aviation by 221.1% in 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 in the last quarter. Finally, Park Avenue Securities LLC boosted its stake in FTAI Aviation by 8.5% in the 4th quarter. Park Avenue Securities LLC now owns 2,187 shares of the financial services provider’s stock worth $315,000 after purchasing an additional 172 shares during the period. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Price Performance

Shares of FTAI stock opened at $104.84 on Friday. The company has a market cap of $10.75 billion, a PE ratio of -1,048.30 and a beta of 1.79. The stock’s 50 day simple moving average is $108.21 and its two-hundred day simple moving average is $128.24. FTAI Aviation Ltd. has a 1 year low of $69.01 and a 1 year high of $181.64.

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 14th were given a $0.30 dividend. The ex-dividend date was Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.14%. FTAI Aviation’s dividend payout ratio is presently -342.86%.

Analysts Set New Price Targets

Several research firms have recently issued reports on FTAI. Stifel Nicolaus reiterated a “hold” rating and set a $123.00 price objective (up previously from $100.00) on shares of FTAI Aviation in a research report on Monday, March 3rd. StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a report on Wednesday. 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. BTIG Research raised their price objective on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Finally, Citigroup reiterated a “buy” rating on shares of FTAI Aviation in a research report on Thursday, March 6th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.83.

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.