BidaskClub lowered shares of Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) from a strong-buy rating to a buy rating in a research report report published on Tuesday.

FTAI has been the topic of several other research reports. Zacks Investment Research upgraded shares of Fortress Transportation and Infrastructure Investors from a strong sell rating to a hold rating in a research note on Wednesday, July 12th. TheStreet upgraded shares of Fortress Transportation and Infrastructure Investors from a c rating to a b- rating in a research note on Monday, July 31st. One research analyst has rated the stock with a sell rating and three have given a buy rating to the stock. Fortress Transportation and Infrastructure Investors has a consensus rating of Buy and an average price target of $18.25.

Shares of Fortress Transportation and Infrastructure Investors (NYSE FTAI) opened at 17.80 on Tuesday. Fortress Transportation and Infrastructure Investors has a 1-year low of $11.35 and a 1-year high of $18.18. The firm has a 50-day moving average of $17.81 and a 200 day moving average of $17.81. The stock’s market capitalization is $1.35 billion.

Fortress Transportation and Infrastructure Investors (NYSE:FTAI) last released its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.04). The company had revenue of $51.20 million during the quarter, compared to analyst estimates of $52.36 million. Fortress Transportation and Infrastructure Investors had a negative net margin of 4.98% and a positive return on equity of 0.27%. The firm’s quarterly revenue was up 54.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.07) EPS. On average, equities analysts anticipate that Fortress Transportation and Infrastructure Investors will post $0.17 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently made changes to their positions in the company. First Allied Advisory Services Inc. increased its stake in shares of Fortress Transportation and Infrastructure Investors by 1.6% during the 2nd quarter. First Allied Advisory Services Inc. now owns 11,449 shares of the financial services provider’s stock worth $184,000 after purchasing an additional 175 shares during the last quarter. Falcon Point Capital LLC increased its stake in shares of Fortress Transportation and Infrastructure Investors by 0.4% during the 2nd quarter. Falcon Point Capital LLC now owns 255,388 shares of the financial services provider’s stock worth $4,071,000 after purchasing an additional 921 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Fortress Transportation and Infrastructure Investors by 5.2% during the 1st quarter. Stifel Financial Corp now owns 20,300 shares of the financial services provider’s stock worth $302,000 after purchasing an additional 1,000 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Fortress Transportation and Infrastructure Investors by 4.4% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 32,915 shares of the financial services provider’s stock worth $525,000 after purchasing an additional 1,393 shares during the last quarter. Finally, Whittier Trust Co. increased its stake in shares of Fortress Transportation and Infrastructure Investors by 1.8% during the 2nd quarter. Whittier Trust Co. now owns 110,348 shares of the financial services provider’s stock worth $1,759,000 after purchasing an additional 1,967 shares during the last quarter. Institutional investors own 26.19% of the company’s stock.

Fortress Transportation and Infrastructure Investors Company Profile

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and equipment that is essential for the transportation of goods and people across the world. The Company operates through five segments Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad.

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