543,996 Shares in American Airlines Group Inc. (NASDAQ:AAL) Purchased by Decker Retirement Planning Inc.

Decker Retirement Planning Inc. bought a new stake in American Airlines Group Inc. (NASDAQ:AAL) in the fourth quarter, HoldingsChannel.com reports. The fund bought 543,996 shares of the airline’s stock, valued at approximately $9,482,000. American Airlines Group comprises 5.5% of Decker Retirement Planning Inc.’s holdings, making the stock its 2nd biggest holding.

Several other institutional investors also recently made changes to their positions in AAL. Gateway Investment Advisers LLC lifted its stake in American Airlines Group by 869.7% in the fourth quarter. Gateway Investment Advisers LLC now owns 477,255 shares of the airline’s stock valued at $8,319,000 after buying an additional 428,040 shares during the last quarter. Contravisory Investment Management Inc. bought a new stake in American Airlines Group in the 4th quarter valued at about $689,000. Assenagon Asset Management S.A. bought a new stake in American Airlines Group in the 4th quarter valued at about $26,033,000. Friedenthal Financial boosted its stake in American Airlines Group by 1,039.9% during the 4th quarter. Friedenthal Financial now owns 48,355 shares of the airline’s stock valued at $843,000 after purchasing an additional 44,113 shares during the period. Finally, Cooper Financial Group bought a new position in American Airlines Group in the 4th quarter worth about $181,000. 52.44% of the stock is owned by institutional investors.

Insider Buying and Selling

In other American Airlines Group news, CEO Robert D. Isom, Jr. sold 102,441 shares of the business’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $17.21, for a total transaction of $1,763,009.61. Following the sale, the chief executive officer now directly owns 2,967,984 shares of the company’s stock, valued at $51,079,004.64. The trade was a 3.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.49% of the company’s stock.

American Airlines Group Stock Up 1.2 %

Shares of NASDAQ AAL opened at $18.29 on Friday. American Airlines Group Inc. has a 12 month low of $9.07 and a 12 month high of $18.56. The company has a market cap of $12.02 billion, a price-to-earnings ratio of 55.43, a P/E/G ratio of 0.21 and a beta of 1.35. The business has a fifty day simple moving average of $16.24 and a 200-day simple moving average of $12.94.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings data on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.14. The company had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.50 billion. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 earnings per share. As a group, sell-side analysts expect that American Airlines Group Inc. will post 1.7 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on AAL. BNP Paribas upgraded American Airlines Group to a “hold” rating in a research report on Thursday, September 19th. Barclays boosted their price target on American Airlines Group from $16.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Friday, December 6th. Melius raised American Airlines Group from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a report on Monday, January 6th. Jefferies Financial Group raised shares of American Airlines Group from a “hold” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $20.00 in a report on Monday, January 6th. Finally, Morgan Stanley increased their target price on shares of American Airlines Group from $18.00 to $22.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Seven research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.94.

About American Airlines Group

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.