Oak Thistle LLC Has $536,000 Stock Position in American Airlines Group Inc. (NASDAQ:AAL)

Oak Thistle LLC cut its holdings in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 68.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,778 shares of the airline's stock after selling 67,250 shares during the period. Oak Thistle LLC's holdings in American Airlines Group were worth $536,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in American Airlines Group by 75.5% during the second quarter. Dimensional Fund Advisors LP now owns 4,240,659 shares of the airline's stock valued at $48,047,000 after purchasing an additional 1,823,928 shares during the last quarter. Point72 DIFC Ltd acquired a new position in American Airlines Group in the 3rd quarter valued at $16,490,000. Toronto Dominion Bank raised 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 acquiring an additional 1,319,859 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its position in American Airlines Group by 10,997.9% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,167,056 shares of the airline's stock worth $13,118,000 after acquiring an additional 1,156,540 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in American Airlines Group by 743.1% during the third quarter. SG Americas Securities LLC now owns 1,246,742 shares of the airline's stock valued at $14,013,000 after acquiring an additional 1,098,865 shares during the period. 52.44% of the stock is owned by institutional investors and hedge funds.

American Airlines Group Price Performance

Shares of AAL traded down $0.02 during trading hours on Friday, hitting $18.27. The stock had a trading volume of 20,422,068 shares, compared to its average volume of 25,878,578. The stock has a market capitalization of $12.01 billion, a price-to-earnings ratio of 55.37, a P/E/G ratio of 0.21 and a beta of 1.35. The company's fifty day moving average is $16.24 and its two-hundred day moving average is $12.94. American Airlines Group Inc. has a 52 week low of $9.07 and a 52 week high of $18.57.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The airline reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.14. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. The firm had revenue of $13.65 billion for the quarter, compared to analysts' expectations of $13.50 billion. During the same period in the prior year, the firm earned $0.38 earnings per share. The company's quarterly revenue was up 1.2% compared to the same quarter last year. Equities analysts predict that American Airlines Group Inc. will post 1.7 EPS for the current fiscal year.

Insider Activity at American Airlines Group

In other news, CEO Robert D. Isom, Jr. sold 102,441 shares of the company'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 transaction of $1,763,009.61. Following the transaction, the chief executive officer now directly owns 2,967,984 shares in the company, valued at approximately $51,079,004.64. This represents a 3.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.49% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AAL shares. Melius Research raised American Airlines Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Jefferies Financial Group upgraded American Airlines Group from a "hold" rating to a "buy" rating and upped their price target for the stock from $12.00 to $20.00 in a report on Monday, January 6th. Citigroup raised their price objective on shares of American Airlines Group from $19.00 to $23.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th. Scotiabank upgraded shares of American Airlines Group from a "neutral" rating to a "buy" rating and set a $20.00 target price for the company in a research note on Thursday, December 5th. Finally, Seaport Res Ptn upgraded shares of American Airlines Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $18.94.

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.