FTAI Aviation Ltd. (NYSE:FTAI) Stock Holdings Lowered by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC trimmed its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 17.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,746 shares of the financial services provider’s stock after selling 2,288 shares during the period. Allspring Global Investments Holdings LLC’s holdings in FTAI Aviation were worth $1,428,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in FTAI. Diversified Trust Co acquired a new stake in shares of FTAI Aviation during the third quarter worth approximately $1,738,000. ClariVest Asset Management LLC bought a new position in FTAI Aviation during the first quarter valued at about $1,802,000. Price T Rowe Associates Inc. MD lifted its position in FTAI Aviation by 1,488.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 867,963 shares of the financial services provider’s stock worth $58,415,000 after purchasing an additional 813,311 shares during the period. Entropy Technologies LP bought a new stake in FTAI Aviation in the first quarter valued at about $340,000. Finally, SG Americas Securities LLC acquired a new position in shares of FTAI Aviation in the 1st quarter worth approximately $384,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Price Performance

NYSE:FTAI opened at $145.30 on Thursday. FTAI Aviation Ltd. has a 1 year low of $36.25 and a 1 year high of $149.74. The stock’s fifty day moving average price is $131.88 and its two-hundred day moving average price is $105.59. The company has a market cap of $14.57 billion, a P/E ratio of 66.35 and a beta of 2.04.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on FTAI. JMP Securities raised their price target on FTAI Aviation from $90.00 to $132.00 and gave the company a “market outperform” rating in a report on Thursday, July 25th. Compass Point raised their price target on FTAI Aviation from $118.00 to $156.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. BTIG Research assumed coverage on shares of FTAI Aviation in a report on Monday, August 26th. They issued a “buy” rating and a $140.00 target price on the stock. Barclays boosted their price objective on FTAI Aviation from $80.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, August 8th. Finally, StockNews.com upgraded FTAI Aviation to a “sell” rating in a report on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, FTAI Aviation has a consensus rating of “Moderate Buy” and a consensus price target of $144.64.

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.