American Airlines Group (NASDAQ:AAL) Upgraded at StockNews.com

American Airlines Group (NASDAQ:AAL - Get Free Report) was upgraded by research analysts at StockNews.com from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Wednesday.

A number of other equities research analysts also recently issued reports on the stock. TD Cowen upgraded shares of American Airlines Group from a "hold" rating to a "buy" rating and increased their price objective for the stock from $17.00 to $25.00 in a research note on Monday, January 6th. Sanford C. Bernstein upgraded shares of American Airlines Group from a "market perform" rating to an "outperform" rating and increased their price target for the stock from $14.00 to $24.00 in a research report on Tuesday, December 10th. Raymond James restated an "outperform" rating and set a $23.00 target price (down from $24.00) on shares of American Airlines Group in a research note on Friday, January 24th. Seaport Res Ptn upgraded American Airlines Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, December 5th. Finally, JPMorgan Chase & Co. upped their price objective on American Airlines Group from $15.00 to $20.00 and gave the stock an "overweight" rating in a research report on Friday, October 25th. Seven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $18.99.

American Airlines Group Stock Up 0.1 %

Shares of AAL traded up $0.02 during mid-day trading on Wednesday, hitting $16.92. 30,031,364 shares of the company's stock were exchanged, compared to its average volume of 30,075,846. American Airlines Group has a 52 week low of $9.07 and a 52 week high of $19.10. The stock's 50-day simple moving average is $16.98 and its 200-day simple moving average is $13.46. The firm has a market cap of $11.12 billion, a price-to-earnings ratio of 14.84, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The airline reported $0.86 EPS for the quarter, topping analysts' consensus estimates 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%. Analysts forecast that American Airlines Group will post 2.39 earnings per share for the current fiscal year.

Insider Buying and Selling at American Airlines Group

In other 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 owns 112,412 shares in the company, valued at $1,927,865.80. The trade was a 31.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of the firm'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 completion of the transaction, the chief executive officer now directly owns 2,967,984 shares in the company, valued at $51,079,004.64. This trade represents a 3.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.49% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Golden State Wealth Management LLC bought a new position in American Airlines Group during the 4th quarter valued at $25,000. Brooklyn Investment Group lifted its position in shares of American Airlines Group by 133.1% during the fourth quarter. Brooklyn Investment Group now owns 1,592 shares of the airline's stock valued at $28,000 after purchasing an additional 909 shares in the last quarter. Blue Trust Inc. boosted its holdings in American Airlines Group by 56.2% during the third quarter. Blue Trust Inc. now owns 2,533 shares of the airline's stock worth $29,000 after purchasing an additional 911 shares during the last quarter. Bfsg LLC grew its position in American Airlines Group by 269.3% in the 4th quarter. Bfsg LLC now owns 2,057 shares of the airline's stock worth $36,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Quent Capital LLC increased its stake in American Airlines Group by 70.2% in the 4th quarter. Quent Capital LLC now owns 3,064 shares of the airline's stock valued at $53,000 after buying an additional 1,264 shares during the last quarter. Hedge funds and other institutional investors own 52.44% of the company's stock.

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.