8 hours Ago By ABMN Staff
Marshall Wace LLP cut its holdings in FTAI Aviation Ltd. ( NYSE:FTAI – Free Report ) by 56.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC.
The institutional investor owned 7,321 shares of the financial services provider’s stock after selling 9,322 shares during the quarter. Marshall Wace LLP’s holdings in FTAI Aviation were worth $1,055,000 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.
Anchor Investment Management LLC purchased a new position in shares of FTAI Aviation in the third quarter valued at $31,000. Private Trust Co. NA lifted its position in FTAI Aviation by 221.
1% in the fourth quarter. Private Trust Co. NA now owns 244 shares of the financial services provider’s stock worth $35,000 after buying an additional 168 shares during the last quarter.
Mirae Asset Global Investments Co. Ltd. bought a new stake in FTAI Aviation in the fourth quarter worth $36,000.
Blue Trust Inc. bought a new stake in FTAI Aviation in the fourth quarter worth $56,000. Finally, National Bank of Canada FI bought a new stake in FTAI Aviation in the fourth quarter worth $65,000.
88.96% of the stock is owned by hedge funds and other institutional investors. FTAI Aviation Price Performance FTAI stock opened at $109.
15 on Wednesday. The business has a 50-day moving average price of $107.16 and a 200 day moving average price of $127.
62. The company has a market capitalization of $11.19 billion, a P/E ratio of -1,091.
39 and a beta of 1.79. FTAI Aviation Ltd.
has a 1-year low of $70.08 and a 1-year high of $181.64.
FTAI Aviation Dividend Announcement Wall Street Analysts Forecast Growth A number of analysts recently issued reports on the company. Morgan Stanley lowered their price target on FTAI Aviation from $168.00 to $138.
00 and set an “overweight” rating for the company in a research report on Friday, April 11th. Wolfe Research upgraded 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.
BTIG Research raised their price target on FTAI Aviation from $180.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st.
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. Finally, StockNews.
com upgraded FTAI Aviation to a “sell” rating in a research report on Wednesday, April 23rd. One equities research 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. According to MarketBeat.
com, FTAI Aviation has an average rating of “Moderate Buy” and a consensus price target of $172.83. Read Our Latest Report on FTAI FTAI Aviation Company Profile ( Free Report ) 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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