Callan Capital LLC Purchases Shares of 1,412 FTAI Aviation Ltd. (NYSE:FTAI)

Callan Capital LLC purchased a new stake in FTAI Aviation Ltd. (NYSE:FTAI) during the fourth quarter, Holdings Channel reports. The fund purchased 1,412 shares of the financial services provider’s stock, valued at approximately $203,000.

Several other large investors have also recently made changes to their positions in FTAI. Peregrine Asset Advisers Inc. purchased a new stake in shares of FTAI Aviation in the 4th quarter valued at $1,020,000. Bradley Foster & Sargent Inc. CT purchased a new position in FTAI Aviation during the 4th quarter valued at about $247,000. Arcadia Investment Management Corp MI acquired a new position in FTAI Aviation in the 4th quarter valued at about $68,000. RPS Advisory Solutions LLC acquired a new stake in shares of FTAI Aviation during the fourth quarter worth about $208,000. Finally, Concurrent Investment Advisors LLC lifted its position in shares of FTAI Aviation by 53.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 5,756 shares of the financial services provider’s stock worth $829,000 after purchasing an additional 2,012 shares in the last quarter. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Stock Down 10.1 %

Shares of FTAI opened at $129.31 on Monday. FTAI Aviation Ltd. has a 52-week low of $53.77 and a 52-week high of $181.64. The stock has a 50 day moving average price of $124.91 and a 200 day moving average price of $133.54. The company has a market capitalization of $13.26 billion, a price-to-earnings ratio of -1,292.97 and a beta of 2.06.

Wall Street Analyst Weigh In

Several equities analysts have commented on FTAI shares. Barclays raised their price target 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. BTIG Research upped their price target on FTAI Aviation from $180.00 to $190.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st. Wolfe Research raised FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a research report on Friday, January 10th. Compass Point boosted their price objective on FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. Finally, Benchmark raised their target price on shares of FTAI Aviation from $150.00 to $300.00 and gave the company a “buy” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.