SG Americas Securities LLC Has $215,000 Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

SG Americas Securities LLC lessened its holdings in FTAI Aviation Ltd. (NYSE:FTAI) by 81.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,495 shares of the financial services provider’s stock after selling 6,513 shares during the quarter. SG Americas Securities LLC’s holdings in FTAI Aviation were worth $215,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of FTAI. Oppenheimer & Co. Inc. boosted its stake in 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 acquiring an additional 4,106 shares during the last quarter. Sara Bay Financial bought a new position in shares of FTAI Aviation in the 4th quarter worth $547,000. Concurrent Investment Advisors LLC acquired a new stake in shares of FTAI Aviation during the third quarter worth $498,000. Luxor Capital Group LP bought a new stake in FTAI Aviation in the third quarter valued at about $1,298,000. Finally, SeaCrest Wealth Management LLC lifted its stake in FTAI Aviation by 77.1% in the fourth quarter. SeaCrest Wealth Management LLC now owns 6,555 shares of the financial services provider’s stock valued at $944,000 after buying an additional 2,853 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on FTAI. Morgan Stanley restated an “underperform” rating on shares of FTAI Aviation in a research report on Friday, October 18th. BTIG Research upped their target price on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. 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. Deutsche Bank Aktiengesellschaft upped their price objective on shares of FTAI Aviation from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Finally, Compass Point lifted their target price on FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Two research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $171.75.

FTAI Aviation Stock Performance

NYSE FTAI opened at $112.84 on Friday. The stock has a market capitalization of $11.57 billion, a price-to-earnings ratio of -1,128.29 and a beta of 2.06. FTAI Aviation Ltd. has a 52 week low of $52.02 and a 52 week high of $181.64. The stock’s 50 day moving average price is $131.33 and its two-hundred day moving average price is $132.21.

About FTAI Aviation

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.