Falcon Point Capital LLC Has $14.56 Million Stake in Fortress Transprtn and Infr Investrs LLC (FTAI)

Falcon Point Capital LLC boosted its stake in Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) by 16.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 730,661 shares of the financial services provider’s stock after purchasing an additional 102,936 shares during the quarter. Fortress Transprtn and Infr Investrs comprises 2.5% of Falcon Point Capital LLC’s portfolio, making the stock its 9th largest position. Falcon Point Capital LLC owned about 0.88% of Fortress Transprtn and Infr Investrs worth $14,562,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FTAI. Kayne Anderson Capital Advisors LP bought a new position in shares of Fortress Transprtn and Infr Investrs during the third quarter worth about $180,000. Stifel Financial Corp grew its position in Fortress Transprtn and Infr Investrs by 4.9% in the 2nd quarter. Stifel Financial Corp now owns 21,300 shares of the financial services provider’s stock valued at $340,000 after buying an additional 1,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Fortress Transprtn and Infr Investrs by 22.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 24,062 shares of the financial services provider’s stock valued at $384,000 after buying an additional 4,334 shares in the last quarter. Summit Securities Group LLC bought a new position in Fortress Transprtn and Infr Investrs in the 3rd quarter valued at about $444,000. Finally, NJ State Employees Deferred Compensation Plan bought a new position in Fortress Transprtn and Infr Investrs in the 3rd quarter valued at about $451,000. Institutional investors own 22.53% of the company’s stock.

A number of brokerages have weighed in on FTAI. Zacks Investment Research downgraded shares of Fortress Transprtn and Infr Investrs from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. BidaskClub lowered shares of Fortress Transprtn and Infr Investrs from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 9th. Finally, Bank of America increased their price target on shares of Fortress Transprtn and Infr Investrs from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Monday, November 6th. One analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. Fortress Transprtn and Infr Investrs currently has an average rating of “Buy” and an average target price of $20.67.

In other Fortress Transprtn and Infr Investrs news, Director Martin Tuchman acquired 25,000 shares of Fortress Transprtn and Infr Investrs stock in a transaction dated Tuesday, January 16th. The stock was bought at an average cost of $18.65 per share, with a total value of $466,250.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.87% of the stock is currently owned by corporate insiders.

Shares of Fortress Transprtn and Infr Investrs LLC (NYSE FTAI) traded down $0.16 during mid-day trading on Tuesday, reaching $16.86. The company’s stock had a trading volume of 35,745 shares, compared to its average volume of 421,251. Fortress Transprtn and Infr Investrs LLC has a one year low of $14.25 and a one year high of $20.13. The firm has a market capitalization of $1,408.90, a P/E ratio of -283.67 and a beta of 1.55.

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Fortress Transprtn and Infr Investrs Profile

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and equipment that is essential for the transportation of goods and people across the world. The Company operates through five segments Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad.

Institutional Ownership by Quarter for Fortress Transprtn and Infr Investrs (NYSE:FTAI)

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