FTAI Aviation (NYSE:FTAI) Stock Rating Upgraded by StockNews.com

FTAI Aviation (NYSE:FTAI) was upgraded by investment analysts at StockNews.com to a “sell” rating in a report issued on Saturday.

A number of other equities research analysts have also recently commented on FTAI. Stifel Nicolaus reiterated a “hold” rating and issued a $123.00 target price (up from $100.00) on shares of FTAI Aviation in a research report on Monday, March 3rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $160.00 target price on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Wolfe Research upgraded shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price for the company in a research report on Friday, January 10th. BTIG Research increased their target price on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Finally, Barclays increased their target price on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, December 4th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $173.67.

FTAI Aviation Stock Performance

NYSE:FTAI opened at $104.31 on Friday. The company has a fifty day moving average of $119.45 and a two-hundred day moving average of $133.63. The stock has a market capitalization of $10.70 billion, a PE ratio of -1,043.00 and a beta of 2.06. FTAI Aviation has a fifty-two week low of $57.73 and a fifty-two week high of $181.64.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FTAI. Capital International Investors boosted its stake in shares of FTAI Aviation by 39.7% in the fourth quarter. Capital International Investors now owns 10,677,171 shares of the financial services provider’s stock valued at $1,537,940,000 after purchasing an additional 3,034,838 shares during the period. Norges Bank purchased a new position in shares of FTAI Aviation in the fourth quarter valued at approximately $183,688,000. William Blair Investment Management LLC purchased a new position in shares of FTAI Aviation in the fourth quarter valued at approximately $174,372,000. Westfield Capital Management Co. LP boosted its stake in shares of FTAI Aviation by 87.1% in the third quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider’s stock valued at $220,618,000 after purchasing an additional 773,017 shares during the period. Finally, Shellback Capital LP purchased a new position in shares of FTAI Aviation in the fourth quarter valued at approximately $76,510,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Company 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.