King Luther Capital Management Corp Acquires 87,725 Shares of FTAI Aviation Ltd. $FTAI

King Luther Capital Management Corp increased its position in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 21.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 496,189 shares of the financial services provider’s stock after purchasing an additional 87,725 shares during the quarter. King Luther Capital Management Corp owned approximately 0.48% of FTAI Aviation worth $82,794,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Mather Group LLC. acquired a new stake in shares of FTAI Aviation in the 3rd quarter valued at $28,000. Global Retirement Partners LLC lifted its holdings in shares of FTAI Aviation by 880.0% during the 3rd quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 308 shares in the last quarter. Assetmark Inc. increased its position in shares of FTAI Aviation by 15.8% during the second quarter. Assetmark Inc. now owns 638 shares of the financial services provider’s stock worth $73,000 after acquiring an additional 87 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of FTAI Aviation by 22.7% in the 3rd quarter. GAMMA Investing LLC now owns 525 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 97 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its stake in FTAI Aviation by 3,692.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 948 shares of the financial services provider’s stock valued at $109,000 after acquiring an additional 923 shares in the last quarter. Institutional investors and hedge funds own 88.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on FTAI. Wall Street Zen cut shares of FTAI Aviation from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Morgan Stanley upped their price target 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. Jefferies Financial Group restated a “buy” rating and set a $350.00 price objective on shares of FTAI Aviation in a research note on Monday, February 9th. Wolfe Research reaffirmed an “outperform” rating and set a $225.00 price target on shares of FTAI Aviation in a report on Wednesday, December 31st. Finally, Zacks Research upgraded FTAI Aviation from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $282.22.

FTAI Aviation Price Performance

Shares of FTAI stock opened at $287.16 on Thursday. The company has a market cap of $29.45 billion, a P/E ratio of 65.56 and a beta of 1.53. The firm has a 50-day moving average of $238.18 and a 200-day moving average of $189.55. FTAI Aviation Ltd. has a one year low of $81.45 and a one year high of $310.00.

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.