International Assets Investment Management LLC Acquires 560,179 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

International Assets Investment Management LLC boosted its position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 14,553.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 564,028 shares of the financial services provider's stock after acquiring an additional 560,179 shares during the period. International Assets Investment Management LLC owned approximately 0.56% of FTAI Aviation worth $74,959,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Arcadia Investment Management Corp MI acquired a new stake in shares of FTAI Aviation during the 2nd quarter valued at about $33,000. Ridgewood Investments LLC acquired a new stake in FTAI Aviation during the second quarter valued at approximately $59,000. EverSource Wealth Advisors LLC grew its stake in shares of FTAI Aviation by 165.0% in the 1st 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 period. RiverPark Advisors LLC acquired a new position in shares of FTAI Aviation in the 2nd quarter worth approximately $202,000. Finally, Profund Advisors LLC acquired a new position in shares of FTAI Aviation in the 2nd quarter worth approximately $205,000. Institutional investors and hedge funds own 88.96% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on FTAI. Barclays upped their price target on FTAI Aviation from $80.00 to $110.00 and gave the company an "overweight" rating in a research report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft upped their target price on shares of FTAI Aviation from $125.00 to $160.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. Morgan Stanley reissued an "underperform" rating on shares of FTAI Aviation in a report on Friday, October 18th. Compass Point upped their price objective on shares of FTAI Aviation from $118.00 to $156.00 and gave the stock a "buy" rating in a research note on Friday, September 27th. Finally, Jefferies Financial Group raised their price objective on shares of FTAI Aviation from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Monday, September 30th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, FTAI Aviation presently has a consensus rating of "Moderate Buy" and a consensus price target of $138.64.

FTAI Aviation Stock Up 0.7 %

NYSE:FTAI traded up $1.06 during trading hours on Friday, hitting $144.24. 732,636 shares of the stock were exchanged, compared to its average volume of 1,127,354. The company's 50 day moving average is $130.23 and its two-hundred day moving average is $104.30. The company has a market capitalization of $14.74 billion, a P/E ratio of -272.15 and a beta of 2.04. FTAI Aviation Ltd. has a twelve month low of $34.63 and a twelve month high of $149.74.

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.