GSA Capital Partners LLP Buys Shares of 2,710 FTAI Aviation Ltd. $FTAI

GSA Capital Partners LLP bought a new position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 2,710 shares of the financial services provider’s stock, valued at approximately $452,000.

Other large investors have also made changes to their positions in the company. Ensign Peak Advisors Inc boosted its holdings in FTAI Aviation by 67.4% during the second quarter. Ensign Peak Advisors Inc now owns 3,075,788 shares of the financial services provider’s stock worth $353,839,000 after buying an additional 1,238,294 shares in the last quarter. Norges Bank purchased a new position in FTAI Aviation in the second quarter valued at about $142,012,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in shares of FTAI Aviation by 1,678.6% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,140,542 shares of the financial services provider’s stock valued at $131,208,000 after acquiring an additional 1,076,416 shares during the period. Northern Right Capital Management L.P. boosted its stake in shares of FTAI Aviation by 884.1% during the 2nd quarter. Northern Right Capital Management L.P. now owns 885,675 shares of the financial services provider’s stock worth $101,888,000 after acquiring an additional 795,675 shares in the last quarter. Finally, Rubric Capital Management LP grew its holdings in shares of FTAI Aviation by 28.3% in the 2nd quarter. Rubric Capital Management LP now owns 3,394,080 shares of the financial services provider’s stock worth $390,455,000 after acquiring an additional 749,080 shares during the period. Hedge funds and other institutional investors own 88.96% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on FTAI. Royal Bank Of Canada lifted their price objective on FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Citizens Jmp raised their price target on FTAI Aviation from $230.00 to $325.00 and gave the company a “market outperform” rating in a research report on Thursday, January 29th. Zacks Research raised FTAI Aviation from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Morgan Stanley increased their price objective on shares of FTAI Aviation from $220.00 to $266.00 and gave the company an “overweight” rating in a research note on Tuesday, January 6th. Finally, Wolfe Research restated an “outperform” rating and set a $225.00 target price on shares of FTAI Aviation in a report on Wednesday, December 31st. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, FTAI Aviation currently has an average rating of “Moderate Buy” and an average target price of $282.22.

FTAI Aviation Stock Performance

Shares of FTAI opened at $303.93 on Wednesday. FTAI Aviation Ltd. has a 1 year low of $81.45 and a 1 year high of $310.00. The company’s 50 day simple moving average is $247.55 and its 200 day simple moving average is $194.23. The company has a market capitalization of $31.17 billion, a price-to-earnings ratio of 69.39 and a beta of 1.53.

About FTAI Aviation

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.