American Airlines Group Inc. (NASDAQ:AAL) Shares Sold by Rothschild Investment LLC

Rothschild Investment LLC decreased its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 23.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,249 shares of the airline’s stock after selling 697 shares during the quarter. Rothschild Investment LLC’s holdings in American Airlines Group were worth $39,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Asset Advisors Investment Management LLC acquired a new stake in shares of American Airlines Group in the fourth quarter valued at $541,000. ING Groep NV acquired a new stake in shares of American Airlines Group in the fourth quarter valued at $3,854,000. Truxt Investmentos Ltda. acquired a new stake in shares of American Airlines Group in the fourth quarter valued at $3,035,000. Meitav Investment House Ltd. acquired a new stake in shares of American Airlines Group in the fourth quarter valued at $1,366,000. Finally, Handelsbanken Fonder AB grew its stake in shares of American Airlines Group by 22.3% in the fourth quarter. Handelsbanken Fonder AB now owns 164,700 shares of the airline’s stock valued at $2,871,000 after buying an additional 30,000 shares in the last quarter. 52.44% of the stock is owned by institutional investors and hedge funds.

American Airlines Group Stock Up 0.3 %

Shares of AAL stock opened at $15.18 on Thursday. The stock has a market capitalization of $9.98 billion, a PE ratio of 13.32, a price-to-earnings-growth ratio of 0.21 and a beta of 1.35. American Airlines Group Inc. has a 52-week low of $9.07 and a 52-week high of $19.10. The stock’s 50-day moving average price is $17.05 and its 200 day moving average price is $14.20.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share (EPS) for the quarter, beating 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%. Analysts expect that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.

Insider Activity at American Airlines Group

In other American Airlines Group 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 owns 2,967,984 shares in the company, valued at approximately $51,079,004.64. The trade was a 3.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Angela Owens sold 51,906 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $1,927,865.80. The trade was 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 insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AAL. Redburn Atlantic upgraded American Airlines Group from a “neutral” rating to a “buy” rating and lifted their target price for the company from $18.00 to $24.00 in a report on Wednesday. Sanford C. Bernstein upgraded American Airlines Group from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $14.00 to $24.00 in a report on Tuesday, December 10th. Morgan Stanley lifted their target price on American Airlines Group from $18.00 to $22.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Scotiabank upgraded American Airlines Group from a “neutral” rating to a “buy” rating and set a $20.00 target price for the company in a report on Thursday, December 5th. Finally, Bank of America upgraded American Airlines Group from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $12.00 to $20.00 in a report on Friday, January 17th. Six equities research 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 data from MarketBeat, American Airlines Group has a consensus rating of “Moderate Buy” and an average target price of $19.40.

American Airlines Group 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.