Quantbot Technologies LP Grows Stock Position in FTAI Infrastructure Inc. (NASDAQ:FIP)

Quantbot Technologies LP increased its stake in shares of FTAI Infrastructure Inc. (NASDAQ:FIP) by 7.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 112,344 shares of the company’s stock after purchasing an additional 8,019 shares during the quarter. Quantbot Technologies LP owned 0.10% of FTAI Infrastructure worth $816,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FIP. Wilmington Savings Fund Society FSB purchased a new position in shares of FTAI Infrastructure during the 3rd quarter worth approximately $34,000. Cladis Investment Advisory LLC acquired a new position in FTAI Infrastructure during the third quarter worth $94,000. Castellan Group purchased a new position in FTAI Infrastructure in the fourth quarter worth $96,000. Proficio Capital Partners LLC acquired a new stake in FTAI Infrastructure in the fourth quarter valued at $97,000. Finally, Hills Bank & Trust Co purchased a new stake in shares of FTAI Infrastructure during the 4th quarter worth $103,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Infrastructure Stock Performance

Shares of FIP opened at $4.93 on Thursday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 6.07. FTAI Infrastructure Inc. has a 52-week low of $4.73 and a 52-week high of $10.46. The company has a 50-day simple moving average of $6.11 and a 200-day simple moving average of $7.68. The company has a market capitalization of $561.73 million, a PE ratio of -2.49 and a beta of 1.52.

FTAI Infrastructure Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Friday, March 14th were issued a $0.03 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.12 dividend on an annualized basis and a yield of 2.43%. FTAI Infrastructure’s dividend payout ratio (DPR) is presently -4.36%.

FTAI Infrastructure Company Profile

FTAI Infrastructure Inc focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation, energy, and industrial products industries in North America. The company operates through five segments: Railroad, Jefferson Terminal, Repauno, Power and Gas, and Sustainability and Energy Transition.