American Airlines Group Inc. (NASDAQ:AAL) Shares Acquired by Toronto Dominion Bank

Toronto Dominion Bank boosted its holdings in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 379.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,667,539 shares of the airline's stock after acquiring an additional 1,319,859 shares during the quarter. Toronto Dominion Bank owned about 0.25% of American Airlines Group worth $18,743,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. boosted 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 acquiring an additional 911 shares in the last quarter. CWM LLC grew its holdings in American Airlines Group by 5.2% in the second quarter. CWM LLC now owns 21,540 shares of the airline's stock valued at $244,000 after purchasing an additional 1,059 shares during the last quarter. Sunbelt Securities Inc. increased its position in shares of American Airlines Group by 8.2% in the second quarter. Sunbelt Securities Inc. now owns 14,894 shares of the airline's stock valued at $169,000 after buying an additional 1,126 shares in the last quarter. Signaturefd LLC raised its stake in shares of American Airlines Group by 16.5% during the 2nd quarter. Signaturefd LLC now owns 9,470 shares of the airline's stock worth $107,000 after buying an additional 1,343 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of American Airlines Group by 4.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 32,490 shares of the airline's stock worth $368,000 after buying an additional 1,459 shares in the last quarter. Institutional investors and hedge funds own 52.44% of the company's stock.

American Airlines Group Price Performance

AAL stock traded down $0.32 on Friday, hitting $16.92. 20,161,495 shares of the company were exchanged, compared to its average volume of 33,755,289. The stock has a market capitalization of $11.12 billion, a price-to-earnings ratio of 51.27, a price-to-earnings-growth ratio of 0.29 and a beta of 1.41. American Airlines Group Inc. has a twelve month low of $9.07 and a twelve month high of $18.20. The business's fifty day moving average is $14.06 and its two-hundred day moving average is $11.95.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $13.50 billion. During the same period in the prior year, the firm posted $0.38 EPS. The business's revenue for the quarter was up 1.2% on a year-over-year basis. Equities research analysts expect that American Airlines Group Inc. will post 1.62 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on AAL shares. Citigroup lifted their target price on shares of American Airlines Group from $19.00 to $23.00 and gave the stock a "buy" rating in a research report on Thursday. Susquehanna upped their target price on American Airlines Group from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Wednesday, October 9th. BNP Paribas raised American Airlines Group to a "hold" rating in a research report on Thursday, September 19th. Morgan Stanley upped their price objective on American Airlines Group from $18.00 to $22.00 and gave the company an "overweight" rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their price objective on American Airlines Group from $15.00 to $20.00 and gave the company an "overweight" rating in a research note on Friday, October 25th. One analyst has rated the stock with a sell rating, eight have given a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, American Airlines Group has an average rating of "Moderate Buy" and an average target price of $15.99.

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.