Bradley Foster & Sargent Inc. CT Makes New $247,000 Investment in FTAI Aviation Ltd. (NYSE:FTAI)

Bradley Foster & Sargent Inc. CT acquired a new position in shares of FTAI Aviation Ltd. (NYSE:FTAI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,712 shares of the financial services provider’s stock, valued at approximately $247,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its holdings in FTAI Aviation by 2.7% during the third quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider’s stock worth $317,202,000 after purchasing an additional 61,897 shares in the last quarter. State Street Corp raised its holdings in FTAI Aviation by 1.7% during the third quarter. State Street Corp now owns 2,325,049 shares of the financial services provider’s stock worth $308,999,000 after purchasing an additional 38,279 shares in the last quarter. Westfield Capital Management Co. LP raised its holdings in FTAI Aviation by 87.1% during the third quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider’s stock worth $220,618,000 after purchasing an additional 773,017 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in FTAI Aviation by 18.7% during the third quarter. JPMorgan Chase & Co. now owns 1,154,808 shares of the financial services provider’s stock worth $153,474,000 after purchasing an additional 182,252 shares in the last quarter. Finally, Two Sigma Advisers LP raised its holdings in FTAI Aviation by 10.0% during the third quarter. Two Sigma Advisers LP now owns 1,048,600 shares of the financial services provider’s stock worth $139,359,000 after purchasing an additional 95,200 shares in the last quarter. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

Shares of FTAI opened at $129.31 on Monday. The stock has a market capitalization of $13.26 billion, a P/E ratio of -1,292.97 and a beta of 2.06. The company’s fifty day moving average is $124.91 and its two-hundred day moving average is $133.54. FTAI Aviation Ltd. has a 1 year low of $53.77 and a 1 year high of $181.64.

Wall Street Analyst Weigh In

FTAI has been the topic of a number of research analyst reports. Stifel Nicolaus cut their price objective on shares of FTAI Aviation from $167.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday, January 22nd. Wolfe Research upgraded shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research report on Friday, January 10th. StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a research report on Tuesday, January 21st. 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 report on Wednesday, December 4th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $160.00 price target on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.