Joel Isaacson & Co. LLC Sells 4,000 Shares of FTAI Aviation Ltd. (NYSE:FTAI)

Joel Isaacson & Co. LLC lowered its position in FTAI Aviation Ltd. (NYSE:FTAI) by 10.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,972 shares of the financial services provider’s stock after selling 4,000 shares during the period. Joel Isaacson & Co. LLC’s holdings in FTAI Aviation were worth $5,037,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. acquired a new position in shares of FTAI Aviation in the third quarter valued at approximately $26,000. Anchor Investment Management LLC bought a new stake in FTAI Aviation in the 3rd quarter valued at $31,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in FTAI Aviation in the 4th quarter worth $36,000. Farther Finance Advisors LLC increased its holdings in FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 189 shares in the last quarter. Finally, USA Financial Formulas acquired a new stake in shares of FTAI Aviation in the 4th quarter valued at about $93,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

FTAI Aviation stock opened at $112.84 on Friday. The stock has a 50-day simple moving average of $131.33 and a 200 day simple moving average of $132.21. The stock has a market capitalization of $11.57 billion, a P/E ratio of -1,128.29 and a beta of 2.06. FTAI Aviation Ltd. has a 52 week low of $52.02 and a 52 week high of $181.64.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on FTAI shares. Deutsche Bank Aktiengesellschaft upped their price objective on FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Morgan Stanley reaffirmed an “underperform” rating on shares of FTAI Aviation in a research note on Friday, October 18th. BTIG Research boosted their price objective on shares of FTAI Aviation from $180.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Compass Point raised their target price on shares of FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Finally, StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a research note on Tuesday, January 21st. Two analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $171.75.

FTAI Aviation Company Profile

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.