Commonwealth Equity Services LLC Increases Holdings in American Airlines Group Inc. (NASDAQ:AAL)

Commonwealth Equity Services LLC boosted its position in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 8.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 378,277 shares of the airline's stock after purchasing an additional 29,045 shares during the quarter. Commonwealth Equity Services LLC owned about 0.06% of American Airlines Group worth $6,593,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in American Airlines Group during the fourth quarter valued at approximately $25,000. Brooklyn Investment Group boosted its stake in shares of American Airlines Group by 133.1% in the 4th 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. Bfsg LLC grew its holdings in shares of American Airlines Group by 269.3% during the 4th quarter. Bfsg LLC now owns 2,057 shares of the airline's stock valued at $36,000 after purchasing an additional 1,500 shares during the last quarter. Quent Capital LLC lifted its stake in American Airlines Group by 70.2% in the fourth quarter. Quent Capital LLC now owns 3,064 shares of the airline's stock worth $53,000 after purchasing an additional 1,264 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in American Airlines Group during the third quarter valued at about $55,000. 52.44% of the stock is owned by institutional investors.

Insider Transactions at American Airlines Group

In other American Airlines Group news, SVP Angela Owens sold 51,906 shares of the firm's stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $17.15, for a total value of $890,187.90. Following the transaction, the senior vice president now directly owns 112,412 shares of the company's stock, valued at approximately $1,927,865.80. This trade represents a 31.59 % decrease in their ownership of the stock. 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 business's stock in a transaction dated 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 sale, the chief executive officer now owns 2,967,984 shares of the company's stock, valued at approximately $51,079,004.64. This represents a 3.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.49% of the company's stock.

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Analyst Ratings Changes

Several analysts have weighed in on the company. UBS Group upgraded American Airlines Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, December 10th. Jefferies Financial Group upgraded shares of American Airlines Group from a "hold" rating to a "buy" rating and boosted their price objective for the company from $12.00 to $20.00 in a research report on Monday, January 6th. Melius Research raised American Airlines Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. Susquehanna lowered their price target on American Airlines Group from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Finally, StockNews.com cut American Airlines Group from a "buy" rating to a "hold" rating in a research note on Thursday, March 13th. Seven analysts have rated the stock with a hold rating, twelve have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $19.30.

American Airlines Group Stock Performance

Shares of AAL traded down $0.30 on Tuesday, hitting $11.54. 13,932,823 shares of the stock traded hands, compared to its average volume of 34,764,878. American Airlines Group Inc. has a one year low of $9.07 and a one year high of $19.10. The company has a market capitalization of $7.59 billion, a PE ratio of 10.12, a P/E/G ratio of 0.21 and a beta of 1.27. The business has a 50 day simple moving average of $15.19 and a 200 day simple moving average of $14.49.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share 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%. On average, equities analysts expect that American Airlines Group Inc. will post 2.42 earnings per share for the current year.

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.