Comprehensive Financial Planning Inc. PA bought a new stake in shares of FTAI Aviation Ltd. (NYSE:FTAI – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,318 shares of the financial services provider’s stock, valued at approximately $190,000.
Several other hedge funds also recently modified their holdings of the business. Cetera Investment Advisers raised its stake in shares of FTAI Aviation by 74.1% during the second quarter. Cetera Investment Advisers now owns 11,907 shares of the financial services provider’s stock worth $1,229,000 after buying an additional 5,069 shares during the last quarter. Park Avenue Securities LLC bought a new stake in shares of FTAI Aviation during the 3rd quarter valued at $268,000. Brookstone Capital Management lifted its stake in shares of FTAI Aviation by 100.6% in the 3rd quarter. Brookstone Capital Management now owns 4,336 shares of the financial services provider’s stock valued at $576,000 after purchasing an additional 2,175 shares during the period. CWM LLC boosted its position in shares of FTAI Aviation by 26.8% in the 3rd quarter. CWM LLC now owns 2,533 shares of the financial services provider’s stock worth $337,000 after purchasing an additional 535 shares during the last quarter. Finally, Carnegie Investment Counsel bought a new position in shares of FTAI Aviation in the 3rd quarter worth $532,000. Institutional investors own 88.96% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have weighed in on FTAI. Deutsche Bank Aktiengesellschaft increased their target price on FTAI Aviation from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Royal Bank of Canada reiterated 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 shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research note on Friday, January 10th. BTIG Research upped their target price on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Finally, Compass Point increased their target price on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $171.75.
FTAI Aviation Stock Down 5.0 %
FTAI Aviation stock opened at $112.84 on Monday. The company has a 50 day moving average of $131.33 and a 200-day moving average of $132.54. FTAI Aviation Ltd. has a twelve month low of $52.02 and a twelve month high of $181.64. The stock has a market capitalization of $11.57 billion, a PE ratio of -1,128.29 and a beta of 2.05.
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.
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