Natixis Advisors LLC Buys 89,623 Shares of American Airlines Group Inc. (NASDAQ:AAL)

Natixis Advisors LLC raised its stake in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 276.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,090 shares of the airline's stock after buying an additional 89,623 shares during the period. Natixis Advisors LLC's holdings in American Airlines Group were worth $2,128,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Centiva Capital LP grew its holdings in American Airlines Group by 199.9% in the 3rd quarter. Centiva Capital LP now owns 149,304 shares of the airline's stock valued at $1,678,000 after buying an additional 99,513 shares during the last quarter. Decker Retirement Planning Inc. bought a new stake in shares of American Airlines Group in the fourth quarter valued at approximately $9,482,000. Amundi boosted its position in shares of American Airlines Group by 31,647.8% in the fourth quarter. Amundi now owns 426,691 shares of the airline's stock valued at $7,510,000 after acquiring an additional 425,347 shares during the period. MetLife Investment Management LLC grew its stake in shares of American Airlines Group by 92.8% in the third quarter. MetLife Investment Management LLC now owns 341,525 shares of the airline's stock worth $3,839,000 after acquiring an additional 164,376 shares during the last quarter. Finally, Contravisory Investment Management Inc. bought a new position in American Airlines Group during the fourth quarter worth $689,000. Institutional investors and hedge funds own 52.44% of the company's stock.

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Insiders Place Their Bets

In other news, CEO Robert D. Isom, Jr. sold 102,441 shares of the business'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 in the company, valued at $51,079,004.64. The trade was a 3.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Angela Owens sold 51,906 shares of the 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 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company's stock.

Wall Street Analysts Forecast Growth

AAL has been the topic of several research analyst reports. JPMorgan Chase & Co. decreased their price target on shares of American Airlines Group from $30.00 to $26.00 and set an "overweight" rating on the stock in a research report on Monday, March 3rd. Bank of America decreased their price objective on American Airlines Group from $20.00 to $16.00 and set a "neutral" rating on the stock in a report on Wednesday, March 12th. Susquehanna reduced their target price 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. Melius upgraded shares of American Airlines Group from a "hold" rating to a "buy" rating and set a $23.00 price objective for the company in a research note on Monday, January 6th. Finally, Morgan Stanley lifted their target price on shares of American Airlines Group from $18.00 to $22.00 and gave the company an "overweight" rating in a research report on Wednesday, December 11th. Seven investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat, American Airlines Group currently has a consensus rating of "Moderate Buy" and an average price target of $19.30.

American Airlines Group Trading Down 2.7 %

Shares of NASDAQ:AAL traded down $0.32 during mid-day trading on Tuesday, reaching $11.52. The stock had a trading volume of 39,945,015 shares, compared to its average volume of 34,764,878. The firm has a market cap of $7.57 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of 0.21 and a beta of 1.27. The firm has a 50 day simple moving average of $15.19 and a two-hundred day simple moving average of $14.49. American Airlines Group Inc. has a twelve month low of $9.07 and a twelve month high of $19.10.

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

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.