Hosking Partners LLP Has $23.13 Million Stake in American Airlines Group Inc. (NASDAQ:AAL)

Hosking Partners LLP grew its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 51.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,326,755 shares of the airline's stock after buying an additional 450,727 shares during the quarter. Hosking Partners LLP owned approximately 0.20% of American Airlines Group worth $23,125,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AAL. Golden State Wealth Management LLC bought a new position in shares of American Airlines Group in the fourth quarter valued at $25,000. Brooklyn Investment Group grew its position 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 acquiring an additional 909 shares during the period. Blue Trust Inc. increased its stake in shares of American Airlines Group by 56.2% during the 3rd 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 raised its holdings in shares of American Airlines Group by 269.3% in 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 period. Finally, Quent Capital LLC lifted 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 purchasing an additional 1,264 shares during the last quarter. 52.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at American Airlines Group

In related news, CEO Robert D. Isom, Jr. sold 102,441 shares of the firm's stock in a transaction dated Friday, December 27th. The stock was 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 directly 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Angela Owens sold 51,906 shares of the business'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. The trade was a 31.59 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.49% of the company's stock.

American Airlines Group Stock Down 3.7 %

Shares of AAL traded down $0.52 during trading hours on Tuesday, hitting $13.35. 70,748,836 shares of the company were exchanged, compared to its average volume of 35,718,570. American Airlines Group Inc. has a fifty-two week low of $9.07 and a fifty-two week high of $19.10. The company has a market cap of $8.78 billion, a price-to-earnings ratio of 11.71, a P/E/G ratio of 0.21 and a beta of 1.35. The firm's fifty day moving average is $16.87 and its 200 day moving average is $14.33.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The airline reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.47. American Airlines Group had a net margin of 1.56% and a negative return on equity of 28.56%. Analysts anticipate that American Airlines Group Inc. will post 2.42 EPS for the current year.

Wall Street Analyst Weigh In

AAL has been the topic of a number of recent analyst reports. Barclays boosted their price target on American Airlines Group from $16.00 to $18.00 and gave the stock an "equal weight" rating in a research report on Friday, December 6th. TD Cowen upgraded American Airlines Group from a "hold" rating to a "buy" rating and increased their price target for the company from $17.00 to $25.00 in a research note on Monday, January 6th. Melius Research raised American Airlines Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. JPMorgan Chase & Co. decreased their price objective on shares of American Airlines Group from $30.00 to $26.00 and set an "overweight" rating on the stock in a report on Monday. Finally, Evercore ISI lifted their target price on shares of American Airlines Group to $18.00 and gave the stock a "hold" rating in a report on Thursday, January 9th. Six equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $19.70.

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.