FTAI Infrastructure Inc. $FIP Stock Position Raised by CenterBook Partners LP

CenterBook Partners LP grew its holdings in FTAI Infrastructure Inc. (NASDAQ:FIP) by 77.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,485,831 shares of the company’s stock after acquiring an additional 1,522,854 shares during the quarter. CenterBook Partners LP owned 2.95% of FTAI Infrastructure worth $9,621,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FIP. WINTON GROUP Ltd acquired a new position in shares of FTAI Infrastructure during the second quarter valued at about $65,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in FTAI Infrastructure in the 2nd quarter worth approximately $75,000. Connective Capital Management LLC acquired a new stake in FTAI Infrastructure in the 2nd quarter worth approximately $167,000. Royal Bank of Canada grew its position in FTAI Infrastructure by 47.2% during the 1st quarter. Royal Bank of Canada now owns 69,236 shares of the company’s stock worth $341,000 after purchasing an additional 22,214 shares during the last quarter. Finally, Quantinno Capital Management LP grew its position in FTAI Infrastructure by 28.3% during the 1st quarter. Quantinno Capital Management LP now owns 86,840 shares of the company’s stock worth $429,000 after purchasing an additional 19,155 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on FIP. Jefferies Financial Group set a $10.00 price target on shares of FTAI Infrastructure in a research note on Tuesday, September 29th. Weiss Ratings reiterated a “sell (e+)” rating on shares of FTAI Infrastructure in a research note on Wednesday, September 9th. Citizens Jmp initiated coverage on shares of FTAI Infrastructure in a report on Wednesday, July 15th. They set a “market outperform” rating and a $10.00 price objective on the stock. UBS Group reissued a “buy” rating on shares of FTAI Infrastructure in a research report on Friday. Finally, JonesTrading restated a “buy” rating and issued a $8.75 target price on shares of FTAI Infrastructure in a research note on Monday, September 28th. Five research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $9.75.

FTAI Infrastructure News Roundup

Here are the key news stories impacting FTAI Infrastructure this week:

• Positive Sentiment: FIP reported Q3 revenue of $218.97 million, above analysts’ $195.03 million estimate. FERC approval of MARA Holdings’ $1.5 billion Long Ridge acquisition may also help advance a transaction tied to FIP’s Long Ridge assets and potential monetization. FTAI Infrastructure Q3 sales FERC clears Long Ridge acquisition
• Positive Sentiment: The company declared a quarterly dividend of $0.03 per share, payable December 7 to shareholders of record November 23. Q3 results and dividend announcement
• Neutral Sentiment: Coverage of the Q3 outlook highlights rail growth, asset sales, and a terminal transformation. These initiatives could support future performance, but their impact depends on execution. Q3 outlook analysis
• Negative Sentiment: FIP posted a Q3 loss of $1.27 per share, significantly worse than analysts’ expected loss of $0.55. The earnings miss may temper the positive revenue and asset-sale news. Q3 earnings call transcript

FTAI Infrastructure Trading Up 18.0%

NASDAQ FIP traded up $0.53 on Friday, hitting $3.47. 2,525,259 shares of the company’s stock traded hands, compared to its average volume of 1,482,300. The firm’s 50-day moving average price is $2.88 and its two-hundred day moving average price is $4.45. The firm has a market capitalization of $410.08 million, a PE ratio of -0.68 and a beta of 1.82. FTAI Infrastructure Inc. has a 1-year low of $2.23 and a 1-year high of $6.69.

FTAI Infrastructure (NASDAQ:FIP) last released its quarterly earnings data on Thursday, November 5th. The company reported ($1.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.72). The firm had revenue of $218.97 million for the quarter, compared to analysts’ expectations of $195.03 million.

FTAI Infrastructure Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 7th. Shareholders of record on Monday, November 23rd will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, November 23rd. FTAI Infrastructure’s dividend payout ratio (DPR) is currently -2.31%.

About FTAI Infrastructure

FTAI Infrastructure Inc is an infrastructure company that owns and operates critical transportation and energy assets. Its portfolio is designed to support the movement, storage and processing of essential commodities and industrial products, with a focus on long-lived infrastructure that serves industrial and logistics customers.

The company’s businesses include Transtar, an industrial rail network serving manufacturing facilities, ports and other freight customers; Jefferson Terminal, a multimodal port and logistics facility on the U.S.