American Airlines Group Inc. (NASDAQ:AAL) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of American Airlines Group Inc. (NASDAQ:AAL) have been assigned an average rating of “Moderate Buy” from the twenty ratings firms that are covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $18.88.

A number of research analysts have issued reports on AAL shares. StockNews.com raised American Airlines Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 29th. Evercore ISI boosted their target price on shares of American Airlines Group to $18.00 and gave the company a “hold” rating in a research note on Thursday, January 9th. UBS Group upgraded shares of American Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Jefferies Financial Group upgraded shares of American Airlines Group from a “hold” rating to a “buy” rating and upped their price objective for the stock from $12.00 to $20.00 in a research report on Monday, January 6th. Finally, Scotiabank upgraded American Airlines Group from a “neutral” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Thursday, December 5th.

Insiders Place Their Bets

In other news, CEO Robert D. Isom, Jr. sold 102,441 shares of the business’s stock in a transaction that occurred on 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 transaction, 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 position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Angela Owens sold 51,906 shares of the stock in a transaction that occurred on 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 directly owns 112,412 shares of the company’s stock, valued at approximately $1,927,865.80. This represents a 31.59 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new position in American Airlines Group during the fourth quarter worth about $25,000. Brooklyn Investment Group increased its holdings in shares of American Airlines Group by 133.1% during the 4th quarter. Brooklyn Investment Group now owns 1,592 shares of the airline’s stock worth $28,000 after buying an additional 909 shares during the last quarter. Blue Trust Inc. raised its position 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 valued at $29,000 after buying an additional 911 shares during the period. Bfsg LLC lifted its holdings in American Airlines Group by 269.3% in the fourth quarter. Bfsg LLC now owns 2,057 shares of the airline’s stock valued at $36,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Quent Capital LLC increased its stake in American Airlines Group by 70.2% during the fourth quarter. Quent Capital LLC now owns 3,064 shares of the airline’s stock worth $53,000 after acquiring an additional 1,264 shares during the last quarter. Institutional investors and hedge funds own 52.44% of the company’s stock.

American Airlines Group Price Performance

NASDAQ:AAL opened at $17.17 on Monday. The company’s fifty day moving average price is $17.21 and its 200-day moving average price is $13.70. American Airlines Group has a 1-year low of $9.07 and a 1-year high of $19.10. The firm has a market capitalization of $11.28 billion, a P/E ratio of 15.06, a PEG ratio of 0.24 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.47. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. Equities analysts anticipate that American Airlines Group will post 2.39 EPS for the current fiscal year.

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.