Callan Capital LLC Takes $203,000 Position in FTAI Aviation Ltd. (NYSE:FTAI)

Callan Capital LLC bought a new position in shares of FTAI Aviation Ltd. (NYSE:FTAI) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 1,412 shares of the financial services provider’s stock, valued at approximately $203,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its stake in FTAI Aviation by 14,553.9% in the 3rd quarter. International Assets Investment Management LLC now owns 564,028 shares of the financial services provider’s stock worth $74,959,000 after purchasing an additional 560,179 shares in the last quarter. Clear Harbor Asset Management LLC lifted its stake in shares of FTAI Aviation by 1.4% during the third quarter. Clear Harbor Asset Management LLC now owns 24,575 shares of the financial services provider’s stock worth $3,266,000 after buying an additional 350 shares during the period. Motiv8 Investments LLC purchased a new stake in shares of FTAI Aviation during the third quarter valued at $225,000. Nicholas Hoffman & Company LLC. purchased a new stake in shares of FTAI Aviation during the third quarter valued at $266,000. Finally, Farther Finance Advisors LLC increased its position in shares of 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 period. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FTAI. Barclays lifted their price target on FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 4th. Wolfe Research raised 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. Compass Point increased their price target on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Citigroup upped their price objective on shares of FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Finally, StockNews.com upgraded FTAI Aviation to a “sell” rating in a research report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $171.75.

FTAI Aviation Trading Down 10.1 %

FTAI Aviation stock opened at $129.31 on Monday. The stock has a market cap of $13.26 billion, a P/E ratio of -1,292.97 and a beta of 2.06. The company has a 50-day moving average price of $124.91 and a 200 day moving average price of $133.54. FTAI Aviation Ltd. has a 12-month low of $53.77 and a 12-month high of $181.64.

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.