RPS Advisory Solutions LLC Takes Position in FTAI Aviation Ltd. (NYSE:FTAI)

RPS Advisory Solutions LLC purchased a new stake in shares of FTAI Aviation Ltd. (NYSE:FTAI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,443 shares of the financial services provider’s stock, valued at approximately $208,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Geode Capital Management LLC boosted its position in FTAI Aviation by 2.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider’s stock worth $317,202,000 after acquiring an additional 61,897 shares during the period. State Street Corp boosted its holdings in shares of 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 during the period. Westfield Capital Management Co. LP grew its position 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 valued at $220,618,000 after purchasing an additional 773,017 shares in the last quarter. JPMorgan Chase & Co. grew its position 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 valued at $153,474,000 after purchasing an additional 182,252 shares in the last quarter. Finally, Two Sigma Advisers LP increased its stake in FTAI Aviation by 10.0% in the 3rd quarter. Two Sigma Advisers LP now owns 1,048,600 shares of the financial services provider’s stock valued at $139,359,000 after buying an additional 95,200 shares during the period. Hedge funds and other institutional investors own 88.96% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on FTAI shares. Barclays boosted their price target on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, December 4th. BTIG Research boosted their target price on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Wolfe Research raised FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research report on Friday, January 10th. Royal Bank of Canada reiterated an “outperform” rating and set a $160.00 price target on shares of FTAI Aviation in a report on Wednesday, January 22nd. Finally, StockNews.com upgraded FTAI Aviation to a “sell” rating in a report on Tuesday, January 21st. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $171.75.

FTAI Aviation Stock Up 14.4 %

NYSE:FTAI opened at $143.82 on Friday. The company’s 50 day moving average is $124.96 and its 200-day moving average is $132.87. FTAI Aviation Ltd. has a 12 month low of $52.14 and a 12 month high of $181.64. The firm has a market cap of $14.75 billion, a price-to-earnings ratio of -1,438.06 and a beta of 2.05.

FTAI Aviation Profile

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.