O Neil Global Advisors Inc. Acquires Shares of 4,423 FTAI Aviation Ltd. $FTAI

O Neil Global Advisors Inc. bought a new position in FTAI Aviation Ltd. (NASDAQ:FTAI) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,423 shares of the financial services provider’s stock, valued at approximately $738,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mather Group LLC. acquired a new position in FTAI Aviation in the third quarter valued at approximately $28,000. Global Retirement Partners LLC lifted its stake in shares of FTAI Aviation by 880.0% in the 3rd quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 308 shares during the period. Assetmark Inc. boosted its holdings in FTAI Aviation by 15.8% during the second quarter. Assetmark Inc. now owns 638 shares of the financial services provider’s stock worth $73,000 after buying an additional 87 shares in the last quarter. GAMMA Investing LLC boosted its holdings in FTAI Aviation by 22.7% during the third quarter. GAMMA Investing LLC now owns 525 shares of the financial services provider’s stock worth $88,000 after buying an additional 97 shares in the last quarter. Finally, Rossby Financial LCC grew its position in FTAI Aviation by 13.6% during the third quarter. Rossby Financial LCC now owns 543 shares of the financial services provider’s stock valued at $94,000 after buying an additional 65 shares during the period. 88.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on FTAI shares. Royal Bank Of Canada boosted their price objective on FTAI Aviation from $270.00 to $350.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Citigroup reaffirmed an “outperform” rating on shares of FTAI Aviation in a report on Thursday, January 29th. Barclays boosted their target price on shares of FTAI Aviation from $200.00 to $260.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Wolfe Research reaffirmed an “outperform” rating and issued a $225.00 price target on shares of FTAI Aviation in a research note on Wednesday, December 31st. Finally, Morgan Stanley lifted their price objective on FTAI Aviation from $220.00 to $266.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $282.22.

FTAI Aviation Trading Up 0.3%

FTAI opened at $289.74 on Monday. FTAI Aviation Ltd. has a twelve month low of $81.45 and a twelve month high of $310.00. The firm has a market capitalization of $29.72 billion, a PE ratio of 66.15 and a beta of 1.53. The firm’s 50-day moving average price is $242.57 and its 200 day moving average price is $192.02.

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.