Fortress Transprtn and Infr Investrs (FTAI) Sees Large Volume Increase

Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) saw unusually-strong trading volume on Tuesday . Approximately 974,306 shares traded hands during mid-day trading, an increase of 431% from the previous session’s volume of 183,379 shares.The stock last traded at $15.78 and had previously closed at $15.09.

Several research analysts recently commented on the stock. TheStreet downgraded shares of Fortress Transprtn and Infr Investrs from a “b-” rating to a “c+” rating in a research note on Thursday, February 7th. Zacks Investment Research raised shares of Fortress Transprtn and Infr Investrs from a “hold” rating to a “strong-buy” rating and set a $17.00 price target on the stock in a research note on Friday, January 4th. Finally, ValuEngine downgraded shares of Fortress Transprtn and Infr Investrs from a “buy” rating to a “hold” rating in a research note on Friday, November 16th.

The company has a market capitalization of $1.25 billion, a P/E ratio of 131.50 and a beta of 1.26.



A number of hedge funds have recently bought and sold shares of FTAI. FMR LLC increased its stake in Fortress Transprtn and Infr Investrs by 35.3% in the 3rd quarter. FMR LLC now owns 4,765,493 shares of the financial services provider’s stock worth $86,637,000 after buying an additional 1,242,943 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in Fortress Transprtn and Infr Investrs in the 3rd quarter worth about $9,311,000. Telemus Capital LLC grew its holdings in Fortress Transprtn and Infr Investrs by 21.5% during the 4th quarter. Telemus Capital LLC now owns 1,276,852 shares of the financial services provider’s stock worth $18,310,000 after acquiring an additional 226,130 shares in the last quarter. Tiverton Asset Management LLC grew its holdings in Fortress Transprtn and Infr Investrs by 64.4% during the 3rd quarter. Tiverton Asset Management LLC now owns 295,878 shares of the financial services provider’s stock worth $5,379,000 after acquiring an additional 115,878 shares in the last quarter. Finally, Advisors Capital Management LLC grew its holdings in Fortress Transprtn and Infr Investrs by 115.7% during the 4th quarter. Advisors Capital Management LLC now owns 161,731 shares of the financial services provider’s stock worth $2,319,000 after acquiring an additional 86,740 shares in the last quarter. 32.77% of the stock is currently owned by institutional investors.

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About Fortress Transprtn and Infr Investrs (NYSE:FTAI)

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. It operates in six segments: Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal, Railroad, and Ports and Terminals.

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