Kingsview Wealth Management LLC Acquires New Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

Kingsview Wealth Management LLC acquired a new position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,299 shares of the financial services provider's stock, valued at approximately $331,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new position in FTAI Aviation during the 3rd quarter valued at about $26,000. Anchor Investment Management LLC bought a new position in FTAI Aviation during the 3rd quarter valued at about $31,000. Mirae Asset Global Investments Co. Ltd. bought a new position in FTAI Aviation during the 4th quarter valued at about $36,000. Farther Finance Advisors LLC lifted its holdings in FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 189 shares during the last quarter. Finally, USA Financial Formulas bought a new position in FTAI Aviation during the 4th quarter valued at about $93,000. 88.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Wolfe Research raised shares of FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price target for the company in a report on Friday, January 10th. Benchmark boosted their target price on shares of FTAI Aviation from $150.00 to $300.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $160.00 target price on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Stifel Nicolaus dropped their target price on shares of FTAI Aviation from $167.00 to $100.00 and set a "buy" rating for the company in a research note on Wednesday, January 22nd. Finally, Barclays boosted their target price on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 4th. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $171.75.

FTAI Aviation Trading Up 2.7 %

Shares of NYSE:FTAI traded up $3.04 during trading on Tuesday, hitting $116.63. 422,386 shares of the company's stock were exchanged, compared to its average volume of 4,088,160. FTAI Aviation Ltd. has a 1-year low of $52.14 and a 1-year high of $181.64. The firm has a 50-day moving average price of $125.88 and a two-hundred day moving average price of $132.72. The firm has a market cap of $11.96 billion, a P/E ratio of -1,166.22 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.