172,262 Shares in American Airlines Group Inc. (NASDAQ:AAL) Bought by Truxt Investmentos Ltda.

Truxt Investmentos Ltda. purchased a new stake in American Airlines Group Inc. (NASDAQ:AAL - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 172,262 shares of the airline's stock, valued at approximately $3,035,000. American Airlines Group comprises approximately 4.9% of Truxt Investmentos Ltda.'s investment portfolio, making the stock its 7th largest holding.

Several other institutional investors and hedge funds have also modified their holdings of AAL. Primecap Management Co. CA grew its stake in shares of American Airlines Group by 0.8% during the third quarter. Primecap Management Co. CA now owns 57,339,666 shares of the airline's stock worth $644,498,000 after buying an additional 458,310 shares during the last quarter. Principal Financial Group Inc. grew its position in American Airlines Group by 69.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,575,571 shares of the airline's stock worth $44,892,000 after acquiring an additional 1,055,667 shares during the last quarter. Toronto Dominion Bank increased its holdings in American Airlines Group by 379.6% in the 3rd quarter. Toronto Dominion Bank now owns 1,667,539 shares of the airline's stock worth $18,743,000 after purchasing an additional 1,319,859 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in American Airlines Group in the 4th quarter worth about $26,033,000. Finally, Point72 DIFC Ltd bought a new position in American Airlines Group in the third quarter valued at about $16,490,000. 52.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AAL has been the subject of several recent research reports. Susquehanna lowered their price objective on American Airlines Group from $20.00 to $18.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. The Goldman Sachs Group restated a "neutral" rating and issued a $15.00 price target on shares of American Airlines Group in a research report on Friday, November 15th. Raymond James reiterated an "outperform" rating and set a $23.00 price target (down previously from $24.00) on shares of American Airlines Group in a report on Friday, January 24th. UBS Group upgraded American Airlines Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, December 10th. Finally, Sanford C. Bernstein raised American Airlines Group from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $14.00 to $24.00 in a report on Tuesday, December 10th. Seven analysts have rated the stock with a hold rating, eleven have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, American Airlines Group presently has an average rating of "Moderate Buy" and an average target price of $18.88.

Insider Activity

In other American Airlines Group news, SVP Angela Owens sold 51,906 shares of the business's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $17.15, for a total transaction of $890,187.90. Following the completion of the sale, the senior vice president now directly owns 112,412 shares of the company's stock, valued at approximately $1,927,865.80. The trade was a 31.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of the firm's stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $17.21, for a total value of $1,763,009.61. Following the completion of the transaction, the chief executive officer now owns 2,967,984 shares in the company, valued at $51,079,004.64. This represents a 3.34 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company's stock.

American Airlines Group Stock Down 4.0 %

NASDAQ:AAL traded down $0.63 during trading hours on Friday, reaching $15.23. The company had a trading volume of 55,640,754 shares, compared to its average volume of 32,485,756. American Airlines Group Inc. has a twelve month low of $9.07 and a twelve month high of $19.10. The firm has a market cap of $10.01 billion, a price-to-earnings ratio of 13.36, a P/E/G ratio of 0.22 and a beta of 1.35. The business's 50-day simple moving average is $17.11 and its two-hundred day simple moving average is $14.06.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its earnings results on Thursday, January 23rd. The airline reported $0.86 EPS for the quarter, beating the consensus estimate of $0.39 by $0.47. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. As a group, equities analysts predict that American Airlines Group Inc. will post 2.42 earnings per share for the current year.

American Airlines Group Company Profile

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.