1,696 Shares in FTAI Aviation Ltd. (NYSE:FTAI) Acquired by Motiv8 Investments LLC

Motiv8 Investments LLC acquired a new stake in FTAI Aviation Ltd. (NYSE:FTAI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,696 shares of the financial services provider’s stock, valued at approximately $225,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arcadia Investment Management Corp MI acquired a new stake in shares of FTAI Aviation in the second quarter valued at approximately $33,000. Ridgewood Investments LLC purchased a new position in FTAI Aviation during the second quarter worth $59,000. EverSource Wealth Advisors LLC raised its holdings in shares of FTAI Aviation by 165.0% in the first quarter. EverSource Wealth Advisors LLC now owns 2,875 shares of the financial services provider’s stock worth $202,000 after acquiring an additional 1,790 shares during the last quarter. RiverPark Advisors LLC purchased a new stake in shares of FTAI Aviation in the second quarter valued at $202,000. Finally, Profund Advisors LLC acquired a new stake in shares of FTAI Aviation during the second quarter valued at $205,000. 88.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Stifel Nicolaus raised shares of FTAI Aviation from a “hold” rating to a “buy” rating and boosted their target price for the company from $69.00 to $132.00 in a research note on Friday, July 26th. Wolfe Research downgraded shares of FTAI Aviation from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 10th. JMP Securities raised their target price on shares of FTAI Aviation from $90.00 to $132.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 25th. Royal Bank of Canada reiterated a “buy” rating on shares of FTAI Aviation in a report on Friday, October 18th. Finally, Jefferies Financial Group raised their price objective on FTAI Aviation from $140.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, September 30th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $138.64.

FTAI Aviation Stock Performance

Shares of FTAI traded up $1.06 during trading hours on Friday, hitting $144.24. The stock had a trading volume of 732,636 shares, compared to its average volume of 1,127,354. FTAI Aviation Ltd. has a 12-month low of $34.63 and a 12-month high of $149.74. The firm has a market cap of $14.74 billion, a P/E ratio of -272.15 and a beta of 2.04. The company’s fifty day simple moving average is $130.23 and its 200 day simple moving average is $104.07.

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.