Colonial River Investments LLC Raises Stock Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

Colonial River Investments LLC grew its stake in FTAI Aviation Ltd. (NYSE:FTAI) by 10.3% during the 4th quarter, Holdings Channel reports. The fund owned 3,986 shares of the financial services provider’s stock after acquiring an additional 372 shares during the period. Colonial River Investments LLC’s holdings in FTAI Aviation were worth $574,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Westfield Capital Management Co. LP increased its stake in FTAI Aviation by 87.1% in the third 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 purchasing an additional 773,017 shares during the last quarter. International Assets Investment Management LLC increased its stake in FTAI Aviation by 14,553.9% in the third quarter. International Assets Investment Management LLC now owns 564,028 shares of the financial services provider’s stock valued at $74,959,000 after purchasing an additional 560,179 shares during the last quarter. Victory Capital Management Inc. increased its stake in FTAI Aviation by 229.9% in the third quarter. Victory Capital Management Inc. now owns 380,207 shares of the financial services provider’s stock valued at $50,530,000 after purchasing an additional 264,971 shares during the last quarter. Vantage Investment Partners LLC acquired a new position in FTAI Aviation in the third quarter valued at $32,769,000. Finally, Franklin Resources Inc. increased its stake in FTAI Aviation by 102.8% in the third quarter. Franklin Resources Inc. now owns 411,476 shares of the financial services provider’s stock valued at $54,685,000 after purchasing an additional 208,613 shares during the last quarter. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Stock Performance

FTAI stock opened at $129.31 on Monday. FTAI Aviation Ltd. has a 1 year low of $53.77 and a 1 year high of $181.64. The firm has a market cap of $13.26 billion, a P/E ratio of -1,292.97 and a beta of 2.06. The stock has a 50-day simple moving average of $124.91 and a 200-day simple moving average of $133.54.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $160.00 target price on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Citigroup upped their price target on FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. StockNews.com upgraded FTAI Aviation to a “sell” rating in a research note on Tuesday, January 21st. BTIG Research upped their price target on FTAI Aviation from $180.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Finally, Wolfe Research upgraded FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research note on Friday, January 10th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.75.

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.