Entropy Technologies LP Invests $545,000 in FTAI Aviation Ltd. (NYSE:FTAI)

Entropy Technologies LP bought a new stake in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,785 shares of the financial services provider's stock, valued at approximately $545,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brown Brothers Harriman & Co. purchased a new position in shares of FTAI Aviation in the third quarter valued at about $26,000. Anchor Investment Management LLC purchased a new position in shares of FTAI Aviation in the third quarter valued at about $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of FTAI Aviation in the fourth quarter valued at about $36,000. Farther Finance Advisors LLC lifted its position in shares of FTAI Aviation by 118.1% in the third 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 in the last quarter. Finally, USA Financial Formulas purchased a new position in shares of FTAI Aviation in the fourth quarter valued at about $93,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on FTAI. Deutsche Bank Aktiengesellschaft boosted their price objective on FTAI Aviation from $125.00 to $160.00 and gave the company a "buy" rating in a research report on Tuesday, October 22nd. Benchmark boosted their price objective on FTAI Aviation from $150.00 to $300.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. Compass Point boosted their price objective on FTAI Aviation from $175.00 to $181.00 and gave the stock a "buy" rating in a research note on Tuesday, December 17th. Royal Bank of Canada reissued an "outperform" rating and set a $160.00 price objective on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Finally, Wolfe Research raised FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price objective on the stock in a research note on Friday, January 10th. Two investment analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, FTAI Aviation currently has an average rating of "Moderate Buy" and a consensus price target of $171.75.

FTAI Aviation Stock Performance

Shares of NYSE FTAI traded up $5.67 during mid-day trading on Friday, hitting $113.59. The stock had a trading volume of 1,764,919 shares, compared to its average volume of 5,349,779. The company has a 50 day moving average of $126.61 and a two-hundred day moving average of $132.69. FTAI Aviation Ltd. has a twelve month low of $52.14 and a twelve month high of $181.64. The firm has a market cap of $11.65 billion, a PE ratio of -1,135.79 and a beta of 2.05.

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.