LSV Asset Management Raises Stake in American Airlines Group Inc. (NASDAQ:AAL)

LSV Asset Management lifted its stake in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 13.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 651,907 shares of the airline's stock after purchasing an additional 75,000 shares during the quarter. LSV Asset Management owned about 0.10% of American Airlines Group worth $11,363,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AAL. FMR LLC raised its holdings in American Airlines Group by 33.9% in the 3rd quarter. FMR LLC now owns 408,968 shares of the airline's stock worth $4,597,000 after acquiring an additional 103,506 shares during the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of American Airlines Group by 8.6% during the third quarter. EP Wealth Advisors LLC now owns 28,994 shares of the airline's stock valued at $326,000 after purchasing an additional 2,286 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in American Airlines Group by 162.6% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 140,255 shares of the airline's stock worth $1,576,000 after buying an additional 86,847 shares in the last quarter. Tidal Investments LLC raised its position in American Airlines Group by 63.1% in the 3rd quarter. Tidal Investments LLC now owns 66,249 shares of the airline's stock worth $745,000 after buying an additional 25,637 shares during the last quarter. Finally, Retirement Systems of Alabama raised its position in American Airlines Group by 451.2% in the 3rd quarter. Retirement Systems of Alabama now owns 797,738 shares of the airline's stock worth $8,967,000 after buying an additional 653,012 shares during the last quarter. Institutional investors own 52.44% of the company's stock.

American Airlines Group Price Performance

Shares of NASDAQ AAL traded up $0.04 during midday trading on Friday, reaching $9.46. 53,525,261 shares of the stock traded hands, compared to its average volume of 37,982,634. The company's 50 day moving average is $12.26 and its 200 day moving average is $14.29. American Airlines Group Inc. has a one year low of $8.50 and a one year high of $19.10. The stock has a market capitalization of $6.22 billion, a PE ratio of 8.30, a P/E/G ratio of 0.21 and a beta of 1.17.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued 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 net margin of 1.56% and a negative return on equity of 28.56%. As a group, equities analysts forecast that American Airlines Group Inc. will post 2.42 EPS for the current year.

Analyst Ratings Changes

AAL has been the subject of a number of research analyst reports. The Goldman Sachs Group lowered shares of American Airlines Group from a "neutral" rating to a "sell" rating and reduced their price target for the stock from $16.00 to $8.00 in a research note on Tuesday, April 8th. StockNews.com downgraded shares of American Airlines Group from a "buy" rating to a "hold" rating in a research report on Thursday, March 13th. Evercore ISI increased their price target on American Airlines Group to $18.00 and gave the company a "hold" rating in a report on Thursday, January 9th. Raymond James cut their price objective on American Airlines Group from $23.00 to $15.00 and set an "outperform" rating for the company in a report on Wednesday, April 2nd. Finally, Jefferies Financial Group reissued a "hold" rating and issued a $12.00 target price (down previously from $20.00) on shares of American Airlines Group in a report on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, American Airlines Group currently has a consensus rating of "Moderate Buy" and an average target price of $16.95.

Insider Activity

In other news, SVP Angela Owens sold 51,906 shares of the firm's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $17.15, for a total value of $890,187.90. Following the completion of the sale, the senior vice president now owns 112,412 shares in the company, valued at approximately $1,927,865.80. This trade represents a 31.59 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.49% of the company's stock.

About American Airlines Group

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.