FTAI Infrastructure Inc. (NASDAQ:FIP) Shares Acquired by Barclays PLC

Barclays PLC increased its position in shares of FTAI Infrastructure Inc. (NASDAQ:FIP) by 283.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 159,387 shares of the company’s stock after purchasing an additional 117,863 shares during the quarter. Barclays PLC owned 0.14% of FTAI Infrastructure worth $1,492,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of FIP. FMR LLC raised its position in shares of FTAI Infrastructure by 5,651.2% during the 3rd quarter. FMR LLC now owns 348,349 shares of the company’s stock worth $3,261,000 after purchasing an additional 342,292 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in FTAI Infrastructure by 198.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 848,363 shares of the company’s stock worth $7,941,000 after buying an additional 564,566 shares in the last quarter. First Eagle Investment Management LLC acquired a new position in shares of FTAI Infrastructure in the second quarter worth $2,766,000. Highland Peak Capital LLC lifted its position in shares of FTAI Infrastructure by 194.3% in the third quarter. Highland Peak Capital LLC now owns 1,755,349 shares of the company’s stock valued at $16,430,000 after acquiring an additional 1,158,816 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of FTAI Infrastructure by 8.9% during the second quarter. Bank of New York Mellon Corp now owns 794,868 shares of the company’s stock valued at $6,860,000 after acquiring an additional 65,218 shares during the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Infrastructure Stock Performance

Shares of FIP stock opened at $7.11 on Friday. The company has a market capitalization of $808.73 million, a price-to-earnings ratio of -3.59 and a beta of 1.34. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 6.07. The firm has a 50-day moving average price of $8.39 and a 200 day moving average price of $8.89. FTAI Infrastructure Inc. has a twelve month low of $3.42 and a twelve month high of $10.45.

FTAI Infrastructure Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Tuesday, November 12th. FTAI Infrastructure’s dividend payout ratio is presently -6.06%.

About FTAI Infrastructure

FTAI Infrastructure Inc focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation, energy, and industrial products industries in North America. The company operates through five segments: Railroad, Jefferson Terminal, Repauno, Power and Gas, and Sustainability and Energy Transition.