Choreo LLC Has $327,000 Stake in FTAI Aviation Ltd. (NYSE:FTAI)

Choreo LLC boosted its stake in FTAI Aviation Ltd. (NYSE:FTAI) by 13.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,271 shares of the financial services provider’s stock after purchasing an additional 277 shares during the period. Choreo LLC’s holdings in FTAI Aviation were worth $327,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Oppenheimer & Co. Inc. grew its holdings in FTAI Aviation by 96.8% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,349 shares of the financial services provider’s stock worth $1,110,000 after acquiring an additional 4,106 shares during the period. Sara Bay Financial acquired a new stake in shares of FTAI Aviation in the 4th quarter valued at about $547,000. Concurrent Investment Advisors LLC acquired a new stake in shares of FTAI Aviation in the 3rd quarter valued at about $498,000. Ibex Wealth Advisors acquired a new stake in shares of FTAI Aviation in the 4th quarter valued at about $3,518,000. Finally, Luxor Capital Group LP bought a new position in FTAI Aviation in the 3rd quarter valued at about $1,298,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Stock Down 5.9 %

Shares of FTAI stock opened at $107.92 on Friday. The company has a 50 day moving average of $127.48 and a 200-day moving average of $132.37. FTAI Aviation Ltd. has a 12-month low of $52.14 and a 12-month high of $181.64. The firm has a market cap of $11.07 billion, a P/E ratio of -1,079.09 and a beta of 2.05.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on FTAI shares. Morgan Stanley reaffirmed an “underperform” rating on shares of FTAI Aviation in a research report on Friday, October 18th. StockNews.com raised shares of FTAI Aviation to a “sell” rating in a research report on Tuesday, January 21st. Wolfe Research raised shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a research report on Friday, January 10th. Citigroup raised their price target on shares of FTAI Aviation from $134.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Finally, Stifel Nicolaus dropped their price target on shares of FTAI Aviation from $167.00 to $100.00 and set a “buy” rating on the stock in a research report on Wednesday, January 22nd. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, FTAI Aviation has an average rating of “Moderate Buy” and a consensus target price of $171.75.

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.