McAdam LLC Purchases New Stake in FTAI Aviation Ltd. (NYSE:FTAI)

McAdam LLC purchased a new stake in FTAI Aviation Ltd. (NYSE:FTAI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,804 shares of the financial services provider’s stock, valued at approximately $260,000.

Several other hedge funds have also bought and sold shares of the business. Ibex Wealth Advisors acquired a new stake in FTAI Aviation in the 4th quarter valued at $3,518,000. Vantage Investment Partners LLC lifted its stake in FTAI Aviation by 21.2% during the 4th quarter. Vantage Investment Partners LLC now owns 298,778 shares of the financial services provider’s stock valued at $43,036,000 after acquiring an additional 52,207 shares in the last quarter. Verde Servicos Internacionais S.A. bought a new position in FTAI Aviation during the 4th quarter valued at $9,776,000. KBC Group NV lifted its stake in FTAI Aviation by 53.0% during the 4th quarter. KBC Group NV now owns 4,138 shares of the financial services provider’s stock valued at $596,000 after acquiring an additional 1,433 shares in the last quarter. Finally, Zweig DiMenna Associates LLC bought a new position in FTAI Aviation during the 4th quarter valued at $12,540,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on FTAI shares. StockNews.com upgraded FTAI Aviation to a “sell” rating in a research note on Tuesday, January 21st. BTIG Research raised their price objective on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Morgan Stanley reissued an “underperform” rating on shares of FTAI Aviation in a report on Friday, October 18th. Finally, Citigroup boosted their price target on shares of FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, FTAI Aviation currently has a consensus rating of “Moderate Buy” and a consensus price target of $171.75.

FTAI Aviation Stock Performance

NYSE:FTAI opened at $108.20 on Tuesday. The firm has a market cap of $11.10 billion, a PE ratio of -1,081.89 and a beta of 2.06. FTAI Aviation Ltd. has a fifty-two week low of $52.02 and a fifty-two week high of $181.64. The business has a 50 day moving average price of $135.59 and a 200-day moving average price of $132.30.

FTAI Aviation Company 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.