Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) Director Martin Tuchman bought 19,900 shares of the stock in a transaction on Monday, September 9th. The shares were bought at an average price of $25.69 per share, with a total value of $511,231.00. Following the acquisition, the director now owns 5,500 shares of the company’s stock, valued at $141,295. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Martin Tuchman also recently made the following trade(s):

  • On Friday, September 6th, Martin Tuchman purchased 5,500 shares of Fortress Transprtn and Infr Investrs stock. The stock was bought at an average price of $25.40 per share, for a total transaction of $139,700.00.

Shares of NYSE:FTAI traded up $0.24 during trading on Tuesday, reaching $15.53. The stock had a trading volume of 283,631 shares, compared to its average volume of 162,070. The firm’s 50-day simple moving average is $15.06 and its 200 day simple moving average is $15.81. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.04. Fortress Transprtn and Infr Investrs LLC has a one year low of $12.84 and a one year high of $18.80. The company has a market capitalization of $1.29 billion, a P/E ratio of 141.18 and a beta of 1.07.

Fortress Transprtn and Infr Investrs (NYSE:FTAI) last posted its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.24 EPS for the quarter, topping the consensus estimate of $0.14 by $0.10. Fortress Transprtn and Infr Investrs had a net margin of 3.74% and a return on equity of 1.78%. The firm had revenue of $159.00 million during the quarter, compared to analyst estimates of $138.74 million. During the same quarter in the previous year, the business posted $0.01 EPS. Fortress Transprtn and Infr Investrs’s revenue was up 120.9% on a year-over-year basis. Equities research analysts forecast that Fortress Transprtn and Infr Investrs LLC will post 0.55 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 27th. Shareholders of record on Friday, August 16th were paid a $0.33 dividend. The ex-dividend date was Thursday, August 15th. This represents a $1.32 annualized dividend and a yield of 8.50%. Fortress Transprtn and Infr Investrs’s dividend payout ratio (DPR) is 1,200.00%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Optimum Investment Advisors acquired a new position in shares of Fortress Transprtn and Infr Investrs during the first quarter worth $34,000. JPMorgan Chase & Co. purchased a new stake in shares of Fortress Transprtn and Infr Investrs during the 2nd quarter valued at $42,000. Tower Research Capital LLC TRC lifted its holdings in shares of Fortress Transprtn and Infr Investrs by 395.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,900 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 2,315 shares during the last quarter. Cutler Group LP lifted its holdings in shares of Fortress Transprtn and Infr Investrs by 885.3% during the 1st quarter. Cutler Group LP now owns 2,956 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 2,656 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its position in shares of Fortress Transprtn and Infr Investrs by 1,160.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 6,300 shares of the financial services provider’s stock worth $95,000 after purchasing an additional 5,800 shares in the last quarter. 30.94% of the stock is currently owned by institutional investors and hedge funds.

FTAI has been the subject of several recent research reports. ValuEngine lowered Fortress Transprtn and Infr Investrs from a “buy” rating to a “hold” rating in a research report on Monday, June 3rd. TheStreet raised Fortress Transprtn and Infr Investrs from a “c” rating to a “b” rating in a research report on Friday, August 2nd. Finally, Zacks Investment Research raised Fortress Transprtn and Infr Investrs from a “strong sell” rating to a “buy” rating and set a $17.00 price objective on the stock in a research report on Monday, August 5th.

About Fortress Transprtn and Infr Investrs

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. It operates in six segments: Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal, Railroad, and Ports and Terminals.

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