Hosking Partners LLP Has $23.13 Million Holdings in American Airlines Group Inc. (NASDAQ:AAL)

Hosking Partners LLP grew its holdings in American Airlines Group Inc. (NASDAQ:AAL) by 51.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,326,755 shares of the airline’s stock after acquiring an additional 450,727 shares during the period. Hosking Partners LLP’s holdings in American Airlines Group were worth $23,125,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Golden State Wealth Management LLC acquired a new stake in American Airlines Group during the 4th quarter worth approximately $25,000. Brooklyn Investment Group boosted its position in shares of American Airlines Group by 133.1% in the fourth quarter. Brooklyn Investment Group now owns 1,592 shares of the airline’s stock valued at $28,000 after acquiring an additional 909 shares during the period. Bfsg LLC grew its stake in shares of 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 in the last quarter. Blue Trust Inc. increased its position in American Airlines Group by 56.2% during 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 period. Finally, Quent Capital LLC raised its stake in American Airlines Group by 70.2% in the 4th quarter. Quent Capital LLC now owns 3,064 shares of the airline’s stock worth $53,000 after purchasing an additional 1,264 shares in the last quarter. 52.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on AAL shares. Seaport Res Ptn upgraded shares of American Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th. Evercore ISI upped their target price on American Airlines Group to $18.00 and gave the company a “hold” rating in a research report on Thursday, January 9th. Citigroup boosted their price target on American Airlines Group from $19.00 to $23.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Raymond James reiterated an “outperform” rating and set a $23.00 price objective (down from $24.00) on shares of American Airlines Group in a research note on Friday, January 24th. Finally, 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. Six analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $19.40.

American Airlines Group Trading Down 4.3 %

Shares of AAL opened at $14.53 on Friday. The firm’s fifty day simple moving average is $17.03 and its two-hundred day simple moving average is $14.20. American Airlines Group Inc. has a 12 month low of $9.07 and a 12 month high of $19.10. The stock has a market capitalization of $9.55 billion, a P/E ratio of 12.75, a price-to-earnings-growth ratio of 0.21 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, January 23rd. The airline reported $0.86 EPS 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%. As a group, research analysts predict that American Airlines Group Inc. will post 2.42 EPS for the current fiscal year.

Insider Activity

In other American Airlines Group news, SVP Angela Owens sold 51,906 shares of the company’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $17.15, for a total transaction of $890,187.90. Following the transaction, the senior vice president now owns 112,412 shares in the company, valued at approximately $1,927,865.80. This represents a 31.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of American Airlines Group stock in a transaction dated Friday, December 27th. The shares were 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 owns 2,967,984 shares of the company’s stock, valued at $51,079,004.64. This represents a 3.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by company insiders.

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.