Arcadia Investment Management Corp MI Acquires New Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

Arcadia Investment Management Corp MI bought a new stake in shares of FTAI Aviation Ltd. (NYSE:FTAI) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 471 shares of the financial services provider’s stock, valued at approximately $68,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. purchased a new stake in shares of FTAI Aviation in the third quarter valued at $26,000. Anchor Investment Management LLC acquired a new position in FTAI Aviation in the 3rd quarter valued at about $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in FTAI Aviation in the 4th quarter valued at about $36,000. Farther Finance Advisors LLC boosted its stake in shares of FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 189 shares during the last quarter. Finally, Blue Trust Inc. purchased a new position in shares of FTAI Aviation during the fourth quarter valued at approximately $56,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Down 10.1 %

Shares of FTAI stock opened at $129.31 on Friday. FTAI Aviation Ltd. has a fifty-two week low of $53.77 and a fifty-two week high of $181.64. The firm’s 50 day moving average price is $124.91 and its two-hundred day moving average price is $133.09. The stock has a market cap of $13.26 billion, a price-to-earnings ratio of -1,292.97 and a beta of 2.05.

Wall Street Analysts Forecast Growth

FTAI has been the subject of several recent analyst reports. Compass Point lifted their target price on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Benchmark raised their price objective on FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Citigroup upped their target price on FTAI Aviation from $134.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, October 28th. StockNews.com raised FTAI Aviation to a “sell” rating in a research note on Tuesday, January 21st. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $160.00 price objective on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $171.75.

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.