FTAI Aviation Ltd. (NYSE:FTAI) Shares Purchased by Creative Planning

Creative Planning grew its stake in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 81.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,858 shares of the financial services provider's stock after buying an additional 13,423 shares during the period. Creative Planning's holdings in FTAI Aviation were worth $3,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of FTAI. Arcadia Investment Management Corp MI bought a new stake in FTAI Aviation in the second quarter worth $33,000. Ridgewood Investments LLC bought a new stake in FTAI Aviation in the second quarter worth $59,000. EverSource Wealth Advisors LLC increased its position 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 worth $202,000 after purchasing an additional 1,790 shares during the last quarter. RiverPark Advisors LLC bought a new stake in FTAI Aviation in the second quarter worth $202,000. Finally, Profund Advisors LLC bought a new stake in FTAI Aviation in the second quarter worth $205,000. Institutional investors own 88.96% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on FTAI shares. Royal Bank of Canada restated a "buy" rating on shares of FTAI Aviation in a research report on Friday, October 18th. Barclays boosted their price target on shares of FTAI Aviation from $80.00 to $110.00 and gave the stock an "overweight" rating in a research report on Thursday, August 8th. Morgan Stanley reaffirmed an "underperform" rating on shares of FTAI Aviation in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of FTAI Aviation from $125.00 to $160.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, JMP Securities lifted their price objective on shares of FTAI Aviation from $90.00 to $132.00 and gave the stock a "market outperform" rating in a research note on Thursday, July 25th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, FTAI Aviation presently has a consensus rating of "Moderate Buy" and a consensus price target of $138.64.

FTAI Aviation Trading Up 0.7 %

Shares of FTAI traded up $1.06 during trading hours on Friday, reaching $144.24. 732,636 shares of the company traded hands, compared to its average volume of 1,127,354. The firm has a market cap of $14.74 billion, a price-to-earnings ratio of -272.15 and a beta of 2.04. FTAI Aviation Ltd. has a 12-month low of $34.63 and a 12-month high of $149.74. The stock's fifty day moving average price is $130.23 and its 200 day moving average price is $104.07.

FTAI Aviation (NYSE:FTAI - Get Free Report) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by ($0.14). The business had revenue of $443.59 million during the quarter, compared to analysts' expectations of $361.92 million. FTAI Aviation had a positive return on equity of 180.68% and a negative net margin of 1.50%. On average, research analysts forecast that FTAI Aviation Ltd. will post 2.19 earnings per share for the current year.

FTAI Aviation Company Profile

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.