Concurrent Investment Advisors LLC Acquires 2,012 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Concurrent Investment Advisors LLC increased its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 53.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,756 shares of the financial services provider’s stock after buying an additional 2,012 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in FTAI Aviation were worth $829,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FTAI. Brown Brothers Harriman & Co. bought a new stake in FTAI Aviation during the 3rd quarter valued at $26,000. Anchor Investment Management LLC bought a new stake in shares of FTAI Aviation in the third quarter valued at about $31,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of FTAI Aviation in the 4th quarter valued at about $36,000. Farther Finance Advisors LLC raised its holdings in shares of FTAI Aviation by 118.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 189 shares in the last quarter. Finally, Blue Trust Inc. bought a new stake in shares of FTAI Aviation in the 4th quarter valued at about $56,000. 88.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

FTAI has been the subject of a number of recent research reports. Barclays boosted their price objective on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. Royal Bank of Canada reissued an “outperform” rating and issued a $160.00 price target on shares of FTAI Aviation in a research report on Wednesday, January 22nd. 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. Stifel Nicolaus reduced their price objective on shares of FTAI Aviation from $167.00 to $100.00 and set a “buy” rating for the company in a research note on Wednesday, January 22nd. Finally, Benchmark upped their price target on FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, FTAI Aviation presently has an average rating of “Moderate Buy” and an average target price of $171.75.

FTAI Aviation Trading Down 10.1 %

Shares of NYSE:FTAI opened at $129.31 on Monday. FTAI Aviation Ltd. has a twelve month low of $53.77 and a twelve month high of $181.64. The company’s 50 day moving average is $124.91 and its 200 day moving average is $133.54. The company has a market cap of $13.26 billion, a PE ratio of -1,292.97 and a beta of 2.06.

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.