Aberdeen Asset Management PLC UK maintained its stake in Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 534,157 shares of the company’s stock at the end of the fourth quarter. Aberdeen Asset Management PLC UK’s holdings in Fortress Transportation and Infrastructure Investors were worth $7,104,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Harbor Advisors LLC acquired a new stake in Fortress Transportation and Infrastructure Investors during the fourth quarter valued at approximately $1,421,000. Russell Investments Group Ltd. acquired a new stake in Fortress Transportation and Infrastructure Investors during the fourth quarter valued at approximately $1,349,000. Ardsley Advisory Partners acquired a new stake in Fortress Transportation and Infrastructure Investors during the third quarter valued at approximately $1,045,000. Susquehanna International Group LLP acquired a new stake in Fortress Transportation and Infrastructure Investors during the third quarter valued at approximately $134,000. Finally, HighTower Advisors LLC increased its stake in Fortress Transportation and Infrastructure Investors by 23.4% in the third quarter. HighTower Advisors LLC now owns 98,856 shares of the company’s stock valued at $1,237,000 after buying an additional 18,732 shares during the period. 22.53% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Fortress Transportation and Infrastructure Investors (NYSE:FTAI)

Shares of Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) opened at 15.04 on Friday. The stock’s market capitalization is $1.14 billion. The stock has a 50 day moving average of $14.48 and a 200-day moving average of $12.97. Fortress Transportation and Infrastructure Investors LLC has a one year low of $8.65 and a one year high of $15.33.

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Several research firms have commented on FTAI. Raymond James Financial, Inc. downgraded shares of Fortress Transportation and Infrastructure Investors from a “strong-buy” rating to an “outperform” rating and upped their price objective for the company from $15.00 to $16.50 in a report on Wednesday, January 18th. Zacks Investment Research raised shares of Fortress Transportation and Infrastructure Investors from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective on the stock in a report on Friday, January 13th. Finally, JMP Securities reaffirmed a “buy” rating on shares of Fortress Transportation and Infrastructure Investors in a report on Monday, November 7th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Fortress Transportation and Infrastructure Investors presently has an average rating of “Buy” and an average target price of $16.38.

Fortress Transportation and Infrastructure Investors Company Profile

5 Day Chart for NYSE:FTAI

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