GSA Capital Partners LLP Makes New Investment in FTAI Aviation Ltd. $FTAI

GSA Capital Partners LLP purchased a new stake in FTAI Aviation Ltd. (NASDAQ:FTAI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,710 shares of the financial services provider’s stock, valued at approximately $452,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Assetmark Inc. boosted its position in shares of FTAI Aviation by 11.0% in the third quarter. Assetmark Inc. now owns 708 shares of the financial services provider’s stock worth $118,000 after acquiring an additional 70 shares during the last quarter. CWM LLC raised its stake in FTAI Aviation by 6.8% during the third quarter. CWM LLC now owns 1,157 shares of the financial services provider’s stock worth $193,000 after purchasing an additional 74 shares during the period. Brookstone Capital Management boosted its holdings in shares of FTAI Aviation by 2.5% in the 3rd quarter. Brookstone Capital Management now owns 3,088 shares of the financial services provider’s stock valued at $515,000 after purchasing an additional 75 shares during the last quarter. Foundations Investment Advisors LLC boosted its holdings in shares of FTAI Aviation by 3.5% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the financial services provider’s stock valued at $374,000 after purchasing an additional 76 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of FTAI Aviation by 22.7% during the 3rd quarter. GAMMA Investing LLC now owns 525 shares of the financial services provider’s stock valued at $88,000 after buying an additional 97 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Up 6.9%

Shares of NASDAQ:FTAI opened at $303.93 on Wednesday. The company has a market capitalization of $31.17 billion, a price-to-earnings ratio of 69.39 and a beta of 1.53. The company has a 50 day moving average of $247.55 and a two-hundred day moving average of $194.23. FTAI Aviation Ltd. has a 52-week low of $81.45 and a 52-week high of $310.00.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FTAI. Morgan Stanley increased their target price on FTAI Aviation from $220.00 to $266.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. Wolfe Research restated an “outperform” rating and set a $225.00 price target on shares of FTAI Aviation in a research note on Wednesday, December 31st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $350.00 price objective on shares of FTAI Aviation in a research note on Monday, February 9th. Citigroup reiterated an “outperform” rating on shares of FTAI Aviation in a report on Thursday, January 29th. Finally, BTIG Research raised their price target on shares of FTAI Aviation from $230.00 to $335.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $282.22.

FTAI Aviation Profile

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.