Empowered Funds LLC Buys 2,120 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Empowered Funds LLC increased its position in FTAI Aviation Ltd. (NYSE:FTAI) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,770 shares of the financial services provider’s stock after buying an additional 2,120 shares during the period. Empowered Funds LLC’s holdings in FTAI Aviation were worth $5,873,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cetera Investment Advisers increased its stake in FTAI Aviation by 74.1% during the 2nd quarter. Cetera Investment Advisers now owns 11,907 shares of the financial services provider’s stock valued at $1,229,000 after purchasing an additional 5,069 shares in the last quarter. CWM LLC increased its position in shares of FTAI Aviation by 26.8% during the third quarter. CWM LLC now owns 2,533 shares of the financial services provider’s stock worth $337,000 after acquiring an additional 535 shares in the last quarter. Carnegie Investment Counsel bought a new stake in shares of FTAI Aviation during the third quarter worth about $532,000. Creative Planning raised its holdings in shares of FTAI Aviation by 81.7% in the 3rd quarter. Creative Planning now owns 29,858 shares of the financial services provider’s stock worth $3,968,000 after acquiring an additional 13,423 shares during the last quarter. Finally, CFM Wealth Partners LLC lifted its position in FTAI Aviation by 69.5% in the 3rd quarter. CFM Wealth Partners LLC now owns 52,664 shares of the financial services provider’s stock valued at $6,999,000 after acquiring an additional 21,596 shares in the last quarter. 88.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. StockNews.com raised FTAI Aviation to a “sell” rating in a research note on Tuesday, January 21st. BTIG Research increased their price target on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Barclays lifted their price objective on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Wolfe Research upgraded shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price for the company in a report on Friday, January 10th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $160.00 price target on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Two research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $171.75.

FTAI Aviation Trading Up 2.4 %

Shares of NYSE FTAI opened at $119.51 on Wednesday. The stock has a fifty day simple moving average of $129.49 and a two-hundred day simple moving average of $132.67. FTAI Aviation Ltd. has a 1-year low of $52.14 and a 1-year high of $181.64. The firm has a market cap of $12.26 billion, a price-to-earnings ratio of -1,194.98 and a beta of 2.05.

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.