Stephens Inc. AR Decreases Position in FTAI Aviation Ltd. (NYSE:FTAI)

Stephens Inc. AR cut its stake in FTAI Aviation Ltd. (NYSE:FTAI) by 19.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,395 shares of the financial services provider’s stock after selling 1,735 shares during the quarter. Stephens Inc. AR’s holdings in FTAI Aviation were worth $1,065,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new stake in FTAI Aviation in the 3rd quarter valued at about $26,000. Anchor Investment Management LLC acquired a new stake in FTAI Aviation in the 3rd quarter valued at about $31,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in FTAI Aviation in the 4th quarter valued at about $36,000. Farther Finance Advisors LLC raised its holdings in FTAI Aviation by 118.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 189 shares during the last quarter. Finally, USA Financial Formulas acquired a new stake in FTAI Aviation in the 4th quarter valued at about $93,000. 88.96% of the stock is owned by hedge funds and other institutional investors.

FTAI Aviation Stock Performance

FTAI Aviation stock opened at $107.92 on Friday. FTAI Aviation Ltd. has a fifty-two week low of $52.14 and a fifty-two week high of $181.64. The firm has a 50 day moving average price of $127.48 and a 200 day moving average price of $132.37. The company has a market capitalization of $11.07 billion, a PE ratio of -1,079.09 and a beta of 2.05.

Wall Street Analysts Forecast Growth

A number of analysts have commented on FTAI shares. Royal Bank of Canada reiterated an “outperform” rating and issued a $160.00 price objective on shares of FTAI Aviation in a 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 price objective for the company in a report on Friday, January 10th. StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a report on Tuesday, January 21st. Morgan Stanley restated an “underperform” rating on shares of FTAI Aviation in a report on Friday, October 18th. Finally, Citigroup raised their price target on shares of FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus 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.