Sensible Money LLC Takes Position in FTAI Aviation Ltd. (NYSE:FTAI)

Sensible Money LLC bought a new position in shares of FTAI Aviation Ltd. (NYSE:FTAI) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 1,498 shares of the financial services provider’s stock, valued at approximately $216,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Oppenheimer & Co. Inc. increased its holdings in shares of FTAI Aviation by 96.8% in the third quarter. Oppenheimer & Co. Inc. now owns 8,349 shares of the financial services provider’s stock valued at $1,110,000 after purchasing an additional 4,106 shares in the last quarter. Sara Bay Financial acquired a new position in shares of FTAI Aviation during the fourth quarter valued at $547,000. Concurrent Investment Advisors LLC bought a new position in FTAI Aviation in the third quarter valued at about $498,000. Ibex Wealth Advisors acquired a new stake in FTAI Aviation in the fourth quarter worth about $3,518,000. Finally, Luxor Capital Group LP acquired a new position in FTAI Aviation in the third quarter valued at approximately $1,298,000. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Price Performance

Shares of FTAI opened at $112.84 on Monday. The firm has a market capitalization of $11.57 billion, a PE ratio of -1,128.29 and a beta of 2.05. The company’s 50-day moving average is $131.33 and its 200-day moving average is $132.54. FTAI Aviation Ltd. has a fifty-two week low of $52.02 and a fifty-two week high of $181.64.

Analysts Set New Price Targets

A number of brokerages have recently commented on FTAI. Barclays upped their price target on FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, December 4th. Benchmark lifted their price target on shares of FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. StockNews.com raised shares of FTAI Aviation to a “sell” rating in a report on Tuesday, January 21st. Morgan Stanley reaffirmed an “underperform” rating on shares of FTAI Aviation in a research note on Friday, October 18th. Finally, Stifel Nicolaus decreased their target price on 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 analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to MarketBeat, FTAI Aviation 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.