CFM Wealth Partners LLC Trims Stock Position in FTAI Aviation Ltd. (NYSE:FTAI)

CFM Wealth Partners LLC lessened its stake in FTAI Aviation Ltd. (NYSE:FTAI) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,230 shares of the financial services provider’s stock after selling 841 shares during the period. CFM Wealth Partners LLC’s holdings in FTAI Aviation were worth $4,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in FTAI. Westfield Capital Management Co. LP boosted its position in shares of FTAI Aviation by 87.1% in the 3rd quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider’s stock valued at $220,618,000 after purchasing an additional 773,017 shares during the period. International Assets Investment Management LLC increased its position in FTAI Aviation by 14,553.9% during the third quarter. International Assets Investment Management LLC now owns 564,028 shares of the financial services provider’s stock worth $74,959,000 after buying an additional 560,179 shares during the period. Victory Capital Management Inc. lifted its stake in FTAI Aviation by 229.9% in the third quarter. Victory Capital Management Inc. now owns 380,207 shares of the financial services provider’s stock valued at $50,530,000 after buying an additional 264,971 shares during the last quarter. Vantage Investment Partners LLC acquired a new stake in shares of FTAI Aviation in the third quarter valued at approximately $32,769,000. Finally, Franklin Resources Inc. grew its position in shares of FTAI Aviation by 102.8% during the third quarter. Franklin Resources Inc. now owns 411,476 shares of the financial services provider’s stock worth $54,685,000 after acquiring an additional 208,613 shares during the last quarter. Hedge funds and other institutional investors own 88.96% of the company’s stock.

Wall Street Analysts Forecast Growth

FTAI has been the subject of a number of recent research reports. Wolfe Research upgraded shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research note on Friday, January 10th. Stifel Nicolaus decreased their target price on shares of FTAI Aviation from $167.00 to $100.00 and set a “buy” rating for the company in a research note on Wednesday, January 22nd. BTIG Research boosted their price target on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Barclays increased their price objective on FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 4th. Finally, Citigroup boosted their target price on FTAI Aviation from $134.00 to $165.00 and gave the company a “buy” rating in a report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $171.75.

FTAI Aviation Trading Down 2.7 %

Shares of FTAI Aviation stock opened at $100.53 on Monday. The company has a 50-day moving average of $136.79 and a two-hundred day moving average of $132.27. The stock has a market cap of $10.31 billion, a PE ratio of -1,005.20 and a beta of 2.09. FTAI Aviation Ltd. has a 12-month low of $52.02 and a 12-month high of $181.64.

About FTAI Aviation

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.