FTAI Aviation Ltd. (NYSE:FTAI) Shares Purchased by Rhumbline Advisers

Rhumbline Advisers increased its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 2.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 142,072 shares of the financial services provider’s stock after purchasing an additional 3,121 shares during the quarter. Rhumbline Advisers owned 0.14% of FTAI Aviation worth $20,464,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Brown Brothers Harriman & Co. purchased a new position in shares of FTAI Aviation during the 3rd quarter valued at approximately $26,000. Anchor Investment Management LLC purchased a new position in shares of FTAI Aviation during the 3rd quarter valued at approximately $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of FTAI Aviation during the 4th quarter valued at approximately $36,000. Farther Finance Advisors LLC boosted its stake in shares of FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock valued at $46,000 after buying an additional 189 shares during the last quarter. Finally, Blue Trust Inc. purchased a new position in shares of FTAI Aviation during the 4th quarter valued at approximately $56,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

Analysts Set New Price Targets

FTAI has been the topic of several research analyst reports. StockNews.com upgraded FTAI Aviation to a “sell” rating in a research note on Tuesday, January 21st. Benchmark raised their price objective on FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Wolfe Research upgraded FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research note on Friday, January 10th. Stifel Nicolaus dropped their target price on FTAI Aviation from $167.00 to $100.00 and set a “buy” rating on the stock in a research report on Wednesday, January 22nd. Finally, Citigroup increased their target price on FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $171.75.

FTAI Aviation Trading Up 14.4 %

Shares of FTAI opened at $143.82 on Friday. The business’s 50-day moving average price is $124.96 and its 200 day moving average price is $132.87. The stock has a market capitalization of $14.75 billion, a P/E ratio of -1,438.06 and a beta of 2.05. FTAI Aviation Ltd. has a 1-year low of $52.14 and a 1-year high of $181.64.

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.