Compound Planning Inc. Purchases Shares of 2,043 FTAI Aviation Ltd. $FTAI

Compound Planning Inc. acquired a new stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,043 shares of the financial services provider’s stock, valued at approximately $341,000.

Other large investors have also added to or reduced their stakes in the company. Rubric Capital Management LP boosted its holdings in FTAI Aviation by 28.3% in the 2nd quarter. Rubric Capital Management LP now owns 3,394,080 shares of the financial services provider’s stock worth $390,455,000 after buying an additional 749,080 shares during the period. Ensign Peak Advisors Inc lifted its position in shares of FTAI Aviation by 67.4% in the second quarter. Ensign Peak Advisors Inc now owns 3,075,788 shares of the financial services provider’s stock worth $353,839,000 after buying an additional 1,238,294 shares in the last quarter. Frontier Capital Management Co. LLC boosted its stake in FTAI Aviation by 5.9% during the second quarter. Frontier Capital Management Co. LLC now owns 2,144,625 shares of the financial services provider’s stock valued at $246,718,000 after buying an additional 119,237 shares during the last quarter. Westfield Capital Management Co. LP grew its holdings in FTAI Aviation by 1.2% during the 2nd quarter. Westfield Capital Management Co. LP now owns 1,915,411 shares of the financial services provider’s stock valued at $220,349,000 after buying an additional 22,960 shares in the last quarter. Finally, Norges Bank purchased a new position in FTAI Aviation during the 2nd quarter valued at approximately $142,012,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

Shares of NASDAQ FTAI opened at $305.80 on Monday. FTAI Aviation Ltd. has a fifty-two week low of $81.45 and a fifty-two week high of $323.51. The company has a market cap of $31.37 billion, a price-to-earnings ratio of 66.19 and a beta of 1.50. The business’s 50 day moving average price is $255.98 and its 200-day moving average price is $197.69.

FTAI Aviation (NASDAQ:FTAI) last announced its quarterly earnings data on Wednesday, February 25th. The financial services provider reported $1.08 EPS for the quarter, missing the consensus estimate of $1.22 by ($0.14). FTAI Aviation had a net margin of 19.98% and a return on equity of 337.39%. The business had revenue of $662.03 million during the quarter, compared to the consensus estimate of $710.37 million. During the same period last year, the company earned $0.84 EPS. The business’s revenue was up 32.7% compared to the same quarter last year. Sell-side analysts predict that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FTAI. Royal Bank Of Canada upped their price objective on FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of FTAI Aviation in a research note on Monday, December 29th. Zacks Research upgraded shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a report on Friday, January 9th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $350.00 price target on shares of FTAI Aviation in a report on Monday, February 9th. Finally, Citizens Jmp lifted their price target on FTAI Aviation from $230.00 to $325.00 and gave the stock a “market outperform” rating in a research report on Thursday, January 29th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $292.22.

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.