Nisa Investment Advisors LLC Boosts Position in FTAI Aviation Ltd. (NYSE:FTAI)

Nisa Investment Advisors LLC boosted its holdings in FTAI Aviation Ltd. (NYSE:FTAI) by 7.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,405 shares of the financial services provider’s stock after purchasing an additional 161 shares during the quarter. Nisa Investment Advisors LLC’s holdings in FTAI Aviation were worth $346,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FTAI. Geode Capital Management LLC grew its stake in FTAI Aviation by 2.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider’s stock worth $317,202,000 after buying an additional 61,897 shares during the last quarter. State Street Corp boosted 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 acquiring an additional 38,279 shares during the period. Westfield Capital Management Co. LP boosted 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 acquiring an additional 773,017 shares during the period. JPMorgan Chase & Co. grew its position in shares of FTAI Aviation by 18.7% during the third quarter. JPMorgan Chase & Co. now owns 1,154,808 shares of the financial services provider’s stock worth $153,474,000 after acquiring an additional 182,252 shares during the last quarter. Finally, Two Sigma Advisers LP increased its holdings in shares of FTAI Aviation by 10.0% in the 3rd quarter. Two Sigma Advisers LP now owns 1,048,600 shares of the financial services provider’s stock valued at $139,359,000 after acquiring an additional 95,200 shares during the period. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FTAI has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Citigroup raised their price target on FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, October 28th. BTIG Research upped their price objective on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Compass Point increased 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, StockNews.com raised FTAI Aviation to a “sell” rating in a 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $171.75.

FTAI Aviation Stock Performance

NYSE:FTAI opened at $97.00 on Thursday. FTAI Aviation Ltd. has a 1 year low of $52.02 and a 1 year high of $181.64. The stock has a fifty day moving average price of $139.69 and a two-hundred day moving average price of $132.10. The stock has a market capitalization of $9.95 billion, a price-to-earnings ratio of -969.90 and a beta of 2.09.

FTAI Aviation (NYSE:FTAI) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.01). The company had revenue of $465.80 million during the quarter, compared to analysts’ expectations of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The business’s revenue for the quarter was up 60.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 EPS. On average, analysts predict that FTAI Aviation Ltd. will post 2.21 EPS for the current year.

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.