American Airlines Group Inc. (NASDAQ:AAL) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 96.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,243 shares of the airline's stock after selling 345,041 shares during the quarter. International Assets Investment Management LLC's holdings in American Airlines Group were worth $242,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Blue Trust Inc. lifted its stake in American Airlines Group by 56.2% in the third quarter. Blue Trust Inc. now owns 2,533 shares of the airline's stock worth $29,000 after acquiring an additional 911 shares during the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of American Airlines Group during the 3rd quarter worth $55,000. KBC Group NV grew its stake in shares of American Airlines Group by 55.8% during the third quarter. KBC Group NV now owns 6,152 shares of the airline's stock worth $69,000 after purchasing an additional 2,204 shares in the last quarter. GAMMA Investing LLC increased its holdings in American Airlines Group by 44.3% in the third quarter. GAMMA Investing LLC now owns 9,932 shares of the airline's stock valued at $112,000 after buying an additional 3,047 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in American Airlines Group in the third quarter valued at $114,000. Hedge funds and other institutional investors own 52.44% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Seaport Res Ptn upgraded American Airlines Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 5th. Jefferies Financial Group raised shares of American Airlines Group from a "hold" rating to a "buy" rating and upped their target price for the company from $12.00 to $20.00 in a report on Monday, January 6th. Susquehanna boosted their price target on American Airlines Group from $14.00 to $20.00 and gave the company a "neutral" rating in a research report on Tuesday, January 7th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $15.00 price objective on shares of American Airlines Group in a research report on Friday, November 15th. Finally, BNP Paribas raised American Airlines Group to a "hold" rating in a report on Thursday, September 19th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, American Airlines Group presently has an average rating of "Moderate Buy" and an average target price of $18.42.

Insider Activity

In other news, CEO Robert D. Isom, Jr. sold 102,441 shares of American Airlines Group stock in a transaction dated 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 sale, the chief executive officer now directly owns 2,967,984 shares of the company's stock, valued at approximately $51,079,004.64. The trade was a 3.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.49% of the company's stock.

American Airlines Group Trading Up 3.5 %

Shares of NASDAQ AAL traded up $0.61 on Tuesday, reaching $18.21. 26,141,347 shares of the company traded hands, compared to its average volume of 27,721,574. American Airlines Group Inc. has a fifty-two week low of $9.07 and a fifty-two week high of $18.45. The company has a 50 day moving average of $16.07 and a 200 day moving average of $12.86. The stock has a market capitalization of $11.97 billion, a PE ratio of 55.18, a P/E/G ratio of 0.29 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.14. American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%. The business had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.50 billion. During the same period last year, the company posted $0.38 EPS. The business's quarterly revenue was up 1.2% on a year-over-year basis. As a group, research analysts expect that American Airlines Group Inc. will post 1.62 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.