58,408 Shares in American Airlines Group Inc. (NASDAQ:AAL) Bought by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC bought a new position in American Airlines Group Inc. (NASDAQ:AALFree Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 58,408 shares of the airline’s stock, valued at approximately $803,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Empirical Finance LLC raised its stake in American Airlines Group by 13.2% during the third quarter. Empirical Finance LLC now owns 21,159 shares of the airline’s stock worth $271,000 after acquiring an additional 2,462 shares in the last quarter. Oak Thistle LLC acquired a new position in American Airlines Group during the fourth quarter worth $1,171,000. Assenagon Asset Management S.A. raised its stake in American Airlines Group by 7,871.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,762,081 shares of the airline’s stock worth $24,211,000 after acquiring an additional 1,739,977 shares in the last quarter. Compagnie Lombard Odier SCmA raised its stake in American Airlines Group by 15.2% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 38,500 shares of the airline’s stock worth $529,000 after acquiring an additional 5,067 shares in the last quarter. Finally, Barclays PLC raised its stake in American Airlines Group by 191.7% during the third quarter. Barclays PLC now owns 3,333,370 shares of the airline’s stock worth $42,448,000 after acquiring an additional 2,190,456 shares in the last quarter. 52.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AAL. JPMorgan Chase & Co. raised their target price on American Airlines Group from $19.00 to $22.00 and gave the company an “overweight” rating in a research note on Friday, January 26th. Barclays lifted their price objective on American Airlines Group from $13.00 to $14.00 and gave the stock an “underweight” rating in a research report on Friday, January 26th. UBS Group started coverage on American Airlines Group in a report on Wednesday, March 20th. They set a “buy” rating and a $19.00 target price on the stock. Citigroup restated a “buy” rating and set a $20.00 target price on shares of American Airlines Group in a report on Thursday, March 14th. Finally, Jefferies Financial Group upgraded American Airlines Group from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Thursday, January 11th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, American Airlines Group currently has a consensus rating of “Hold” and an average price target of $17.53.

Get Our Latest Stock Report on AAL

American Airlines Group Stock Down 1.7 %

NASDAQ:AAL opened at $14.16 on Thursday. The firm has a market capitalization of $9.27 billion, a price-to-earnings ratio of 12.87, a price-to-earnings-growth ratio of 0.11 and a beta of 1.57. American Airlines Group Inc. has a twelve month low of $10.86 and a twelve month high of $19.08. The stock’s 50 day moving average price is $14.79 and its two-hundred day moving average price is $13.52.

American Airlines Group (NASDAQ:AALGet Free Report) last posted its earnings results on Thursday, January 25th. The airline reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.18. The business had revenue of $13.06 billion for the quarter, compared to analyst estimates of $13.01 billion. American Airlines Group had a negative return on equity of 36.28% and a net margin of 1.56%. The firm’s revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.17 EPS. As a group, analysts anticipate that American Airlines Group Inc. will post 2.56 earnings per share for the current year.

About American Airlines Group

(Free Report)

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.

See Also

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Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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