FTAI Aviation Ltd. (NASDAQ:FTAI) Receives Average Rating of “Moderate Buy” from Analysts

FTAI Aviation Ltd. (NASDAQ:FTAI) has received a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $274.50.

FTAI has been the subject of several recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of FTAI Aviation in a research note on Monday, December 29th. BTIG Research upped their price objective on FTAI Aviation from $230.00 to $335.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Wall Street Zen cut FTAI Aviation from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Barclays boosted their target price on FTAI Aviation from $200.00 to $260.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Finally, Citigroup restated an “outperform” rating on shares of FTAI Aviation in a research note on Thursday, January 29th.

Insider Activity at FTAI Aviation

In related news, COO David Moreno acquired 4,354 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were bought at an average cost of $153.89 per share, with a total value of $670,037.06. Following the completion of the transaction, the chief operating officer directly owned 4,354 shares of the company’s stock, valued at $670,037.06. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mather Group LLC. bought a new position in FTAI Aviation in the 3rd quarter valued at about $28,000. Global Retirement Partners LLC increased its stake in shares of FTAI Aviation by 880.0% during the third quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock worth $57,000 after purchasing an additional 308 shares during the period. First Horizon Corp lifted its holdings in FTAI Aviation by 131.9% during the 4th quarter. First Horizon Corp now owns 320 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 182 shares during the last quarter. Assetmark Inc. lifted its holdings in FTAI Aviation by 15.8% during the 2nd quarter. Assetmark Inc. now owns 638 shares of the financial services provider’s stock worth $73,000 after purchasing an additional 87 shares during the last quarter. Finally, Covestor Ltd boosted its stake in FTAI Aviation by 338.6% in the 4th quarter. Covestor Ltd now owns 386 shares of the financial services provider’s stock valued at $76,000 after purchasing an additional 298 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Price Performance

Shares of FTAI stock opened at $275.38 on Tuesday. The company has a fifty day moving average price of $224.01 and a two-hundred day moving average price of $182.60. FTAI Aviation has a one year low of $81.45 and a one year high of $310.00. The stock has a market cap of $28.25 billion, a P/E ratio of 62.87 and a beta of 1.53.

FTAI Aviation Company Profile

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.