FTAI Aviation Ltd. $FTAI Stock Position Raised by Zweig DiMenna Associates LLC

Zweig DiMenna Associates LLC boosted its holdings in FTAI Aviation Ltd. (NASDAQ:FTAI) by 25.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,400 shares of the financial services provider’s stock after acquiring an additional 13,800 shares during the period. Zweig DiMenna Associates LLC owned about 0.07% of FTAI Aviation worth $11,413,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

A number of analysts recently weighed in on FTAI shares. Citigroup reiterated an “outperform” rating on shares of FTAI Aviation in a research report on Thursday, January 29th. Citizens Jmp lifted their price target on FTAI Aviation from $230.00 to $325.00 and gave the company a “market outperform” rating in a report on Thursday, January 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of FTAI Aviation in a report on Monday, December 29th. Zacks Research upgraded FTAI Aviation from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Finally, Morgan Stanley boosted their price target on FTAI Aviation from $220.00 to $266.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.50.

FTAI Aviation Price Performance

FTAI opened at $279.85 on Tuesday. The business has a 50 day moving average price of $233.98 and a two-hundred day moving average price of $187.82. The company has a market capitalization of $28.70 billion, a price-to-earnings ratio of 63.89 and a beta of 1.53. FTAI Aviation Ltd. has a 1-year low of $81.45 and a 1-year high of $310.00.

About FTAI Aviation

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.