FTAI Aviation Ltd. (NYSE:FTAI) Shares Sold by Stephens Inc. AR

Stephens Inc. AR cut its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI) by 19.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,395 shares of the financial services provider’s stock after selling 1,735 shares during the period. Stephens Inc. AR’s holdings in FTAI Aviation were worth $1,065,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Geode Capital Management LLC increased its position in shares of FTAI Aviation by 2.7% during the third quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider’s stock worth $317,202,000 after purchasing an additional 61,897 shares in the last quarter. State Street Corp increased its position in shares of FTAI Aviation by 1.7% during the third quarter. State Street Corp now owns 2,325,049 shares of the financial services provider’s stock worth $308,999,000 after purchasing an additional 38,279 shares in the last quarter. Westfield Capital Management Co. LP increased its position in shares of FTAI Aviation by 87.1% in the 3rd 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 acquiring an additional 773,017 shares during the period. JPMorgan Chase & Co. increased its position in shares of FTAI Aviation by 18.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,154,808 shares of the financial services provider’s stock valued at $153,474,000 after acquiring an additional 182,252 shares during the period. Finally, Two Sigma Advisers LP increased its position in shares of FTAI Aviation by 10.0% in the 3rd quarter. Two Sigma Advisers LP now owns 1,048,600 shares of the financial services provider’s stock valued at $139,359,000 after acquiring an additional 95,200 shares during the period. 88.96% of the stock is owned by institutional investors and hedge funds.

FTAI Aviation Stock Down 5.9 %

FTAI stock opened at $107.92 on Friday. The company’s 50-day simple moving average is $127.48 and its 200-day simple moving average is $132.37. FTAI Aviation Ltd. has a 52-week low of $52.14 and a 52-week high of $181.64. The firm has a market cap of $11.07 billion, a P/E ratio of -1,079.09 and a beta of 2.05.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FTAI. BTIG Research upped their target price on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Wolfe Research raised FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research report on Friday, January 10th. Barclays upped their target price on FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, December 4th. Royal Bank of Canada reissued an “outperform” rating and issued a $160.00 target price on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Finally, Benchmark increased their price target on FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the stock. According to MarketBeat, FTAI Aviation has an average rating of “Moderate Buy” and an average price target of $171.75.

FTAI Aviation 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.