Moody Aldrich Partners LLC Has $4.59 Million Stock Holdings in FTAI Aviation Ltd. (NYSE:FTAI)

Moody Aldrich Partners LLC lessened its position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 54.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,501 shares of the financial services provider's stock after selling 40,771 shares during the quarter. Moody Aldrich Partners LLC's holdings in FTAI Aviation were worth $4,585,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Arcadia Investment Management Corp MI acquired a new stake in FTAI Aviation during the 2nd quarter worth $33,000. Ridgewood Investments LLC acquired a new stake in shares of FTAI Aviation during the second quarter worth $59,000. EverSource Wealth Advisors LLC increased its holdings in FTAI Aviation by 165.0% in the first quarter. EverSource Wealth Advisors LLC now owns 2,875 shares of the financial services provider's stock valued at $202,000 after purchasing an additional 1,790 shares during the last quarter. RiverPark Advisors LLC acquired a new position in FTAI Aviation in the second quarter valued at about $202,000. Finally, Profund Advisors LLC bought a new position in FTAI Aviation during the second quarter worth about $205,000. Institutional investors own 88.96% of the company's stock.

FTAI Aviation Stock Performance

FTAI Aviation stock traded up $2.35 during midday trading on Thursday, reaching $143.18. The stock had a trading volume of 1,125,454 shares, compared to its average volume of 1,027,595. FTAI Aviation Ltd. has a 1-year low of $33.28 and a 1-year high of $149.74. The firm's fifty day simple moving average is $129.62 and its 200-day simple moving average is $103.33. The stock has a market capitalization of $14.35 billion, a P/E ratio of 65.38 and a beta of 2.04.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.14). FTAI Aviation had a negative net margin of 1.50% and a positive return on equity of 180.68%. The business had revenue of $443.59 million during the quarter, compared to analyst estimates of $361.92 million. On average, sell-side analysts anticipate that FTAI Aviation Ltd. will post 2.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on FTAI shares. Barclays increased their price target on shares of FTAI Aviation from $80.00 to $110.00 and gave the company an "overweight" rating in a research report on Thursday, August 8th. Royal Bank of Canada reissued a "buy" rating on shares of FTAI Aviation in a research report on Friday, October 18th. Morgan Stanley restated an "underperform" rating on shares of FTAI Aviation in a research report on Friday, October 18th. Compass Point raised their price objective on FTAI Aviation from $118.00 to $156.00 and gave the stock a "buy" rating in a research note on Friday, September 27th. Finally, Stifel Nicolaus raised FTAI Aviation from a "hold" rating to a "buy" rating and boosted their target price for the company from $69.00 to $132.00 in a research note on Friday, July 26th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, FTAI Aviation has a consensus rating of "Moderate Buy" and an average target price of $138.64.

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.