WCM Investment Management LLC Has $52.50 Million Stock Holdings in FTAI Aviation Ltd. $FTAI

WCM Investment Management LLC raised its position in FTAI Aviation Ltd. (NASDAQ:FTAI) by 24.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 321,532 shares of the financial services provider’s stock after acquiring an additional 62,731 shares during the period. WCM Investment Management LLC owned about 0.31% of FTAI Aviation worth $52,497,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC acquired a new position in shares of FTAI Aviation in the first quarter valued at $242,000. QRG Capital Management Inc. bought a new stake in FTAI Aviation in the 2nd quarter valued at $204,000. DAVENPORT & Co LLC increased its holdings in FTAI Aviation by 15.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 2,407 shares of the financial services provider’s stock valued at $277,000 after buying an additional 317 shares during the period. KLP Kapitalforvaltning AS raised its stake in shares of FTAI Aviation by 3.3% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 21,700 shares of the financial services provider’s stock valued at $2,496,000 after buying an additional 700 shares in the last quarter. Finally, Joel Isaacson & Co. LLC raised its stake in shares of FTAI Aviation by 1.4% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 42,172 shares of the financial services provider’s stock valued at $4,851,000 after buying an additional 600 shares in the last quarter. Institutional investors own 88.96% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on FTAI. Weiss Ratings reiterated a “hold (c+)” rating on shares of FTAI Aviation in a research report on Monday, December 29th. Zacks Research upgraded shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Citizens Jmp lifted their price objective on FTAI Aviation from $230.00 to $325.00 and gave the company a “market outperform” rating in a report on Thursday, January 29th. Citigroup reissued an “outperform” rating on shares of FTAI Aviation in a report on Thursday. Finally, Wall Street Zen lowered FTAI Aviation from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $266.11.

Insider Transactions at FTAI Aviation

In other news, COO David Moreno acquired 4,354 shares of the stock in a transaction that occurred on Thursday, November 13th. The stock was purchased at an average cost of $153.89 per share, for a total transaction of $670,037.06. Following the completion of the transaction, the chief operating officer directly owned 4,354 shares in the company, valued at $670,037.06. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

FTAI Aviation Trading Up 0.8%

FTAI opened at $274.39 on Tuesday. FTAI Aviation Ltd. has a 1-year low of $81.45 and a 1-year high of $310.00. The stock has a market capitalization of $28.14 billion, a PE ratio of 62.65 and a beta of 1.53. The firm has a 50-day moving average price of $213.78 and a two-hundred day moving average price of $176.99.

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.