FTAI Aviation Ltd. (NYSE:FTAI) Shares Sold by Pinnbrook Capital Management LP

Pinnbrook Capital Management LP lessened its holdings in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 77.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,567 shares of the financial services provider's stock after selling 45,936 shares during the period. Pinnbrook Capital Management LP's holdings in FTAI Aviation were worth $1,954,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FTAI. CWM LLC raised its stake in FTAI Aviation by 26.8% in the third quarter. CWM LLC now owns 2,533 shares of the financial services provider's stock valued at $337,000 after buying an additional 535 shares during the last quarter. Creative Planning increased its holdings in shares of FTAI Aviation by 81.7% during the third quarter. Creative Planning now owns 29,858 shares of the financial services provider's stock valued at $3,968,000 after acquiring an additional 13,423 shares in the last quarter. Net Worth Advisory Group purchased a new position in shares of FTAI Aviation in the 3rd quarter valued at approximately $269,000. Foundations Investment Advisors LLC raised its position in shares of FTAI Aviation by 5.8% in the 3rd 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 during the last quarter. Finally, International Assets Investment Management LLC boosted 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 worth $74,959,000 after purchasing an additional 560,179 shares in the last quarter. Institutional investors and hedge funds own 88.96% of the company's stock.

FTAI Aviation Stock Down 10.1 %

Shares of FTAI traded down $14.51 during mid-day trading on Friday, reaching $129.31. The company had a trading volume of 3,870,314 shares, compared to its average volume of 4,111,998. The stock has a market capitalization of $13.26 billion, a P/E ratio of -1,292.97 and a beta of 2.05. FTAI Aviation Ltd. has a 52-week low of $53.77 and a 52-week high of $181.64. The stock has a 50 day moving average of $124.91 and a two-hundred day moving average of $133.09.

Wall Street Analyst Weigh In

FTAI has been the topic of a number of recent analyst reports. Barclays upped their price target on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an "overweight" rating in a research note on Wednesday, December 4th. Royal Bank of Canada reissued an "outperform" rating and issued a $160.00 target price on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Stifel Nicolaus reduced their target price on FTAI Aviation from $167.00 to $100.00 and set a "buy" rating for the company in a research note on Wednesday, January 22nd. BTIG Research boosted their price target on FTAI Aviation from $180.00 to $190.00 and gave the company a "buy" rating in a research note on Tuesday, December 31st. Finally, Wolfe Research upgraded FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 price objective for the company in a research note on Friday, January 10th. Two research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $171.75.

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.