Comprehensive Financial Planning Inc. PA acquired a new position in FTAI Aviation Ltd. (NYSE:FTAI – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,318 shares of the financial services provider’s stock, valued at approximately $190,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Oppenheimer & Co. Inc. grew its position in FTAI Aviation by 96.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,349 shares of the financial services provider’s stock worth $1,110,000 after purchasing an additional 4,106 shares during the last quarter. Sara Bay Financial acquired a new stake in FTAI Aviation during the fourth quarter worth about $547,000. Concurrent Investment Advisors LLC bought a new position in FTAI Aviation during the third quarter valued at about $498,000. Ibex Wealth Advisors acquired a new position in FTAI Aviation in the 4th quarter valued at approximately $3,518,000. Finally, Luxor Capital Group LP acquired a new position in FTAI Aviation in the 3rd quarter valued at approximately $1,298,000. Institutional investors own 88.96% of the company’s stock.
Analyst Ratings Changes
A number of brokerages recently commented on FTAI. BTIG Research upped their target price on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Citigroup increased their price objective on shares of FTAI Aviation from $134.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Royal Bank of Canada reiterated an “outperform” rating and set a $160.00 target price on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Wolfe Research raised shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research note on Friday, January 10th. Finally, Stifel Nicolaus cut their price target 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. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $171.75.
FTAI Aviation Stock Performance
FTAI Aviation stock opened at $112.84 on Monday. The business’s fifty day moving average is $131.33 and its two-hundred day moving average is $132.54. The firm has a market cap of $11.57 billion, a P/E ratio of -1,128.29 and a beta of 2.05. FTAI Aviation Ltd. has a 52 week low of $52.02 and a 52 week high of $181.64.
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.
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