American Airlines Group Inc. (NASDAQ:AAL) Shares Acquired by Centiva Capital LP

Centiva Capital LP increased its position in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 199.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 149,304 shares of the airline's stock after purchasing an additional 99,513 shares during the period. Centiva Capital LP's holdings in American Airlines Group were worth $1,678,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AAL. Blue Trust Inc. increased its position in shares of American Airlines Group by 56.2% during the third quarter. Blue Trust Inc. now owns 2,533 shares of the airline's stock valued at $29,000 after acquiring an additional 911 shares during the last quarter. UMB Bank n.a. increased its position in shares of American Airlines Group by 404.3% during the second quarter. UMB Bank n.a. now owns 2,824 shares of the airline's stock valued at $32,000 after acquiring an additional 2,264 shares during the last quarter. Sentry Investment Management LLC acquired a new stake in shares of American Airlines Group during the second quarter valued at about $36,000. ORG Partners LLC acquired a new stake in shares of American Airlines Group during the second quarter valued at about $36,000. Finally, First Command Advisory Services Inc. acquired a new position in shares of American Airlines Group in the second quarter valued at approximately $43,000. 52.44% of the stock is currently owned by institutional investors and hedge funds.

American Airlines Group Trading Up 2.8 %

AAL stock traded up $0.41 on Wednesday, hitting $14.88. The company's stock had a trading volume of 18,399,320 shares, compared to its average volume of 33,586,883. The firm has a 50 day moving average of $13.21 and a two-hundred day moving average of $11.78. American Airlines Group Inc. has a 1 year low of $9.07 and a 1 year high of $16.15. The stock has a market cap of $9.78 billion, a price-to-earnings ratio of 45.09, a price-to-earnings-growth ratio of 0.26 and a beta of 1.41.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, beating the consensus estimate of $0.16 by $0.14. The firm had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.50 billion. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. American Airlines Group's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.38 EPS. As a group, equities analysts forecast that American Airlines Group Inc. will post 1.49 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on AAL shares. Citigroup lifted their price objective on shares of American Airlines Group from $16.00 to $19.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Susquehanna lifted their price objective on shares of American Airlines Group from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Wednesday, October 9th. UBS Group cut shares of American Airlines Group from a "buy" rating to a "neutral" rating and set a $16.00 price objective for the company. in a report on Tuesday, November 26th. Bank of America lifted their price objective on shares of American Airlines Group from $9.00 to $10.00 and gave the company an "underperform" rating in a report on Friday, October 25th. Finally, TD Cowen lifted their price objective on shares of American Airlines Group from $9.00 to $10.00 and gave the company a "hold" rating in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, American Airlines Group currently has a consensus rating of "Hold" and an average price target of $13.93.

American Airlines Group 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.