O Neil Global Advisors Inc. Sells 17,434 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

O Neil Global Advisors Inc. cut its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 88.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,180 shares of the financial services provider's stock after selling 17,434 shares during the period. O Neil Global Advisors Inc.'s holdings in FTAI Aviation were worth $314,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of FTAI. Creative Planning raised its holdings in shares of FTAI Aviation by 81.7% in the third quarter. Creative Planning now owns 29,858 shares of the financial services provider's stock valued at $3,968,000 after purchasing an additional 13,423 shares during the last quarter. Foundations Investment Advisors LLC grew its position in FTAI Aviation by 5.8% in the third quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider's stock valued at $352,000 after purchasing an additional 145 shares in the last quarter. International Assets Investment Management LLC increased its stake in FTAI Aviation by 14,553.9% in the 3rd quarter. International Assets Investment Management LLC now owns 564,028 shares of the financial services provider's stock valued at $74,959,000 after buying an additional 560,179 shares during the last quarter. Clear Harbor Asset Management LLC increased its stake in FTAI Aviation by 1.4% in the 3rd quarter. Clear Harbor Asset Management LLC now owns 24,575 shares of the financial services provider's stock valued at $3,266,000 after buying an additional 350 shares during the last quarter. Finally, Motiv8 Investments LLC bought a new stake in FTAI Aviation during the 3rd quarter worth about $225,000. Institutional investors and hedge funds own 88.96% of the company's stock.

Wall Street Analyst Weigh In

FTAI has been the topic of a number of recent research reports. Stifel Nicolaus lowered their target price on FTAI Aviation from $167.00 to $100.00 and set a "buy" rating on the stock in a research report on Wednesday, January 22nd. StockNews.com raised FTAI Aviation to a "sell" rating in a research report on Tuesday, January 21st. Royal Bank of Canada reissued an "outperform" rating and issued a $160.00 price objective on shares of FTAI Aviation in a report on Wednesday, January 22nd. BTIG Research upped their price target on shares of FTAI Aviation from $180.00 to $190.00 and gave the stock a "buy" rating in a research report on Tuesday, December 31st. Finally, Benchmark lifted their price objective on shares of FTAI Aviation from $150.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $171.75.

FTAI Aviation Price Performance

FTAI opened at $143.82 on Friday. The company has a fifty day moving average price of $124.96 and a 200-day moving average price of $132.87. FTAI Aviation Ltd. has a one year low of $52.14 and a one year high of $181.64. The firm has a market capitalization of $14.75 billion, a P/E ratio of 51.96 and a beta of 2.05.

FTAI Aviation 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.

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