Morgan Stanley Issues Pessimistic Forecast for FTAI Aviation (NYSE:FTAI) Stock Price

FTAI Aviation (NYSE:FTAI - Get Free Report) had its price target reduced by equities researchers at Morgan Stanley from $168.00 to $138.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an "overweight" rating on the financial services provider's stock. Morgan Stanley's target price indicates a potential upside of 49.69% from the company's previous close.

Other research analysts also recently issued reports about the stock. Wolfe Research upgraded shares of FTAI Aviation from a "peer perform" rating to an "outperform" rating and set a $190.00 target price on the stock in a research report on Friday, January 10th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $160.00 price objective on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Stifel Nicolaus reaffirmed a "hold" rating and set a $123.00 target price (up previously from $100.00) on shares of FTAI Aviation in a report on Monday, March 3rd. Citigroup reiterated a "buy" rating on shares of FTAI Aviation in a research report on Thursday, March 6th. Finally, StockNews.com upgraded FTAI Aviation to a "sell" rating in a research report on Saturday, March 15th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $172.83.

FTAI Aviation Trading Down 3.8 %

Shares of FTAI traded down $3.64 during mid-day trading on Friday, hitting $92.19. 926,606 shares of the company traded hands, compared to its average volume of 1,694,090. FTAI Aviation has a one year low of $66.22 and a one year high of $181.64. The stock has a market capitalization of $9.45 billion, a price-to-earnings ratio of -921.81 and a beta of 1.79. The business has a 50-day moving average of $111.33 and a 200 day moving average of $130.50.

Institutional Investors Weigh In On FTAI Aviation

A number of hedge funds and other institutional investors have recently made changes to their positions in FTAI. Orion Portfolio Solutions LLC boosted its position in shares of FTAI Aviation by 2.9% during the third quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider's stock worth $483,000 after buying an additional 102 shares during the period. Merit Financial Group LLC increased its position in shares of FTAI Aviation by 2.5% during the 4th quarter. Merit Financial Group LLC now owns 4,256 shares of the financial services provider's stock worth $613,000 after purchasing an additional 105 shares during the last quarter. MML Investors Services LLC increased its position in shares of FTAI Aviation by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider's stock worth $288,000 after purchasing an additional 129 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of FTAI Aviation by 4.5% in the 4th quarter. CIBC Asset Management Inc now owns 3,389 shares of the financial services provider's stock valued at $488,000 after buying an additional 147 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in shares of FTAI Aviation by 7.2% in the fourth quarter. Nisa Investment Advisors LLC now owns 2,405 shares of the financial services provider's stock valued at $346,000 after buying an additional 161 shares in the last quarter. 88.96% of the stock is currently owned by institutional investors and hedge funds.

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.