Susquehanna Lowers American Airlines Group (NASDAQ:AAL) Price Target to $18.00

American Airlines Group (NASDAQ:AAL - Free Report) had its price target trimmed by Susquehanna from $20.00 to $18.00 in a research note released on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the airline's stock.

A number of other brokerages also recently weighed in on AAL. The Goldman Sachs Group reissued a "neutral" rating and issued a $15.00 price target on shares of American Airlines Group in a report on Friday, November 15th. Citigroup increased their target price on shares of American Airlines Group from $19.00 to $23.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Jefferies Financial Group upgraded American Airlines Group from a "hold" rating to a "buy" rating and boosted their price target for the company from $12.00 to $20.00 in a research note on Monday, January 6th. Raymond James reiterated an "outperform" rating and issued a $23.00 price objective (down previously from $24.00) on shares of American Airlines Group in a research report on Friday, January 24th. Finally, TD Cowen upgraded American Airlines Group from a "hold" rating to a "buy" rating and boosted their price objective for the company from $17.00 to $25.00 in a research report on Monday, January 6th. Seven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.88.

American Airlines Group Stock Performance

Shares of American Airlines Group stock traded up $0.11 during trading on Tuesday, reaching $17.17. The company's stock had a trading volume of 22,301,451 shares, compared to its average volume of 32,373,670. The business's fifty day moving average price is $17.16 and its 200-day moving average price is $13.61. American Airlines Group has a one year low of $9.07 and a one year high of $19.10. The firm has a market cap of $11.28 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The airline reported $0.86 EPS for the quarter, topping 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%. Sell-side analysts anticipate that American Airlines Group will post 2.39 EPS for the current year.

Insider Transactions at American Airlines Group

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Independent Advisor Alliance acquired a new position in shares of American Airlines Group during the fourth quarter valued at $404,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in American Airlines Group by 26.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 165,528 shares of the airline's stock valued at $2,885,000 after purchasing an additional 34,670 shares during the period. Amundi boosted its stake in shares of American Airlines Group by 31,647.8% in the 4th quarter. Amundi now owns 426,691 shares of the airline's stock valued at $7,510,000 after purchasing an additional 425,347 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of American Airlines Group in the 4th quarter valued at about $3,858,000. Finally, Aigen Investment Management LP acquired a new stake in shares of American Airlines Group during the 4th quarter worth approximately $4,119,000. 52.44% of the stock is currently owned by institutional investors.

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.