Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) had its target price increased by investment analysts at JMP Securities from $18.00 to $20.00 in a report released on Monday. The brokerage presently has an “outperform” rating on the financial services provider’s stock. JMP Securities’ target price would indicate a potential upside of 25.79% from the company’s current price.

A number of other equities analysts also recently commented on FTAI. Raymond James Financial, Inc. downgraded shares of Fortress Transprtn and Infr Investrs from a “strong-buy” rating to an “outperform” rating and upped their price objective for the stock from $15.00 to $16.50 in a research report on Wednesday, January 18th. Zacks Investment Research upgraded shares of Fortress Transprtn and Infr Investrs from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective for the company in a research report on Friday, January 13th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Fortress Transprtn and Infr Investrs has an average rating of “Hold” and a consensus price target of $16.88.

Fortress Transprtn and Infr Investrs (NYSE:FTAI) traded down 0.31% on Monday, reaching $15.85. 207,116 shares of the company’s stock were exchanged. Fortress Transprtn and Infr Investrs has a 1-year low of $8.92 and a 1-year high of $16.09. The company’s market capitalization is $1.20 billion. The firm has a 50-day moving average price of $15.09 and a 200-day moving average price of $14.24.

Fortress Transprtn and Infr Investrs (NYSE:FTAI) last announced its quarterly earnings data on Thursday, February 23rd. The financial services provider reported $0.04 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.03. The company had revenue of $42.35 million during the quarter, compared to the consensus estimate of $43.95 million. Fortress Transprtn and Infr Investrs had a negative net margin of 16.37% and a negative return on equity of 1.25%. Fortress Transprtn and Infr Investrs’s quarterly revenue was up 25.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.03) EPS. Equities research analysts expect that Fortress Transprtn and Infr Investrs will post $0.27 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 26th. Stockholders of record on Thursday, May 18th will be issued a $0.33 dividend. The ex-dividend date is Tuesday, May 16th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.30%. Fortress Transprtn and Infr Investrs’s dividend payout ratio is presently -425.79%.

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In related news, Director Paul R. Goodwin purchased 5,000 shares of the business’s stock in a transaction dated Monday, May 15th. The stock was acquired at an average price of $17.00 per share, for a total transaction of $85,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 2.00% of the company’s stock.

Several institutional investors have recently made changes to their positions in FTAI. Susquehanna International Group LLP bought a new position in shares of Fortress Transprtn and Infr Investrs during the third quarter worth about $134,000. Gamco Investors INC. ET AL bought a new position in shares of Fortress Transprtn and Infr Investrs during the first quarter worth about $157,000. Wells Fargo & Company MN increased its position in shares of Fortress Transprtn and Infr Investrs by 317.5% in the third quarter. Wells Fargo & Company MN now owns 14,100 shares of the financial services provider’s stock worth $176,000 after buying an additional 10,723 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Fortress Transprtn and Infr Investrs by 33.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 16,321 shares of the financial services provider’s stock worth $217,000 after buying an additional 4,061 shares in the last quarter. Finally, GSA Capital Partners LLP increased its position in shares of Fortress Transprtn and Infr Investrs by 43.9% in the fourth quarter. GSA Capital Partners LLP now owns 78,129 shares of the financial services provider’s stock worth $1,039,000 after buying an additional 23,840 shares in the last quarter. Institutional investors and hedge funds own 22.53% of the company’s stock.

About Fortress Transprtn and Infr Investrs

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and equipment that is essential for the transportation of goods and people across the world. The Company operates through five segments Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad.

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