Jnba Financial Advisors buys $170,491 stake in Fortress Transprtn and Infr Investrs LLC (FTAI)

Fortress Transprtn and Infr Investrs LLC (FTAI) : Jnba Financial Advisors scooped up 5,982 additional shares in Fortress Transprtn and Infr Investrs LLC during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 16,897 shares of Fortress Transprtn and Infr Investrs LLC which is valued at $170,491.Fortress Transprtn and Infr Investrs LLC makes up approximately 0.06% of Jnba Financial Advisors’s portfolio.

Fortress Transprtn and Infr Investrs LLC opened for trading at $10.2 and hit $10.3 on the upside on Wednesday, eventually ending the session at $10.16, with a gain of 0.40% or 0.04 points. The heightened volatility saw the trading volume jump to 1,55,339 shares. Company has a market cap of $769 M.

Other Hedge Funds, Including ,

On the company’s financial health, Fortress Transprtn and Infr Investrs LLC reported $-0.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Mar 1, 2016. Analyst had a consensus of $0.02. The company had revenue of $33.80 million for the quarter, compared to analysts expectations of $38.24 million. The company’s revenue was up 44.4% compared to the same quarter last year.

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people across the world. The Company’s strategic business units include infrastructure and equipment leasing. Its segments include Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal and Railroad. The Company’s Aviation Leasing Offshore Energy Shipping Containers segments are within equipment leasing business and Jefferson Terminal and Railroad segments together include the infrastructure business. The Company’s equipment leasing business acquires assets that are used to carry cargo or people or provide functionality to transportation infrastructure. Its infrastructure business acquires long-life assets or operating businesses that provides services to transportation networks.

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