Colonial River Investments LLC Increases 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 fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,986 shares of the financial services provider’s stock after purchasing 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.

A number of other institutional investors have also modified their holdings of the stock. Geode Capital Management LLC increased its holdings in shares of FTAI Aviation by 2.7% in the third quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider’s stock valued at $317,202,000 after purchasing an additional 61,897 shares during the period. State Street Corp increased its holdings in shares of FTAI Aviation by 1.7% in the third quarter. State Street Corp now owns 2,325,049 shares of the financial services provider’s stock valued at $308,999,000 after purchasing an additional 38,279 shares during the period. Westfield Capital Management Co. LP increased its holdings in shares of 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 period. JPMorgan Chase & Co. increased its holdings in shares of FTAI Aviation by 18.7% in the third quarter. JPMorgan Chase & Co. now owns 1,154,808 shares of the financial services provider’s stock valued at $153,474,000 after purchasing an additional 182,252 shares during the period. Finally, Two Sigma Advisers LP increased its holdings in shares of FTAI Aviation by 10.0% in the third quarter. Two Sigma Advisers LP now owns 1,048,600 shares of the financial services provider’s stock valued at $139,359,000 after purchasing an additional 95,200 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

FTAI opened at $129.31 on Monday. The business’s fifty day moving average is $124.91 and its two-hundred day moving average is $133.54. The company has a market cap of $13.26 billion, a price-to-earnings ratio of -1,292.97 and a beta of 2.06. FTAI Aviation Ltd. has a one year low of $53.77 and a one year high of $181.64.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Benchmark lifted their price target on FTAI Aviation from $150.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, November 1st. BTIG Research lifted their price target on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Barclays lifted their price target on FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, December 4th. Royal Bank of Canada restated an “outperform” rating and issued a $160.00 price target on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Finally, StockNews.com upgraded FTAI Aviation to a “sell” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $171.75.

About FTAI Aviation

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.