FTAI Aviation (NYSE:FTAI) Upgraded at StockNews.com

FTAI Aviation (NYSE:FTAI - Get Free Report) was upgraded by equities researchers at StockNews.com to a "sell" rating in a research note issued to investors on Saturday.

Other research analysts have also issued research reports about the company. BTIG Research boosted their price target on FTAI Aviation from $180.00 to $190.00 and gave the stock a "buy" rating in a research report on Tuesday, December 31st. Compass Point boosted their price target on FTAI Aviation from $175.00 to $181.00 and gave the stock a "buy" rating in a research report on Tuesday, December 17th. Citigroup reaffirmed a "buy" rating on shares of FTAI Aviation in a research report on Thursday, March 6th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $160.00 price target on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Finally, Stifel Nicolaus reiterated a "hold" rating and set a $123.00 target price (up from $100.00) on shares of FTAI Aviation in a research note on Monday, March 3rd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $173.67.

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FTAI Aviation Stock Performance

FTAI Aviation stock traded down $4.59 during midday trading on Friday, reaching $102.39. The stock had a trading volume of 1,062,255 shares, compared to its average volume of 1,588,686. The firm's fifty day simple moving average is $118.43 and its 200-day simple moving average is $133.68. FTAI Aviation has a 1-year low of $58.41 and a 1-year high of $181.64. The stock has a market capitalization of $10.50 billion, a P/E ratio of -1,023.80 and a beta of 2.06.

Institutional Trading of FTAI Aviation

Institutional investors have recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. boosted its stake in FTAI Aviation by 96.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,349 shares of the financial services provider's stock valued at $1,110,000 after purchasing an additional 4,106 shares during the period. Sara Bay Financial acquired a new position in FTAI Aviation in the 4th quarter valued at $547,000. Ibex Wealth Advisors acquired a new position in FTAI Aviation in the 4th quarter valued at $3,518,000. Luxor Capital Group LP acquired a new position in FTAI Aviation in the 3rd quarter valued at $1,298,000. Finally, Rhumbline Advisers raised its holdings in FTAI Aviation by 2.2% in the 4th quarter. Rhumbline Advisers now owns 142,072 shares of the financial services provider's stock valued at $20,464,000 after acquiring an additional 3,121 shares in the last quarter. 88.96% of the stock is currently owned by institutional investors.

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.