Investors Sell American Airlines Group (AAL) on Strength (AAL)

Investors sold shares of American Airlines Group Inc (NASDAQ:AAL) on strength during trading hours on Monday. $45.89 million flowed into the stock on the tick-up and $71.85 million flowed out of the stock on the tick-down, for a money net flow of $25.96 million out of the stock. Of all equities tracked, American Airlines Group had the 0th highest net out-flow for the day. American Airlines Group traded up $0.93 for the day and closed at $49.93

AAL has been the topic of several recent research reports. J P Morgan Chase & Co raised shares of American Airlines Group from a “neutral” rating to an “overweight” rating and set a $65.00 price objective on the stock in a research note on Wednesday, November 1st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $52.00 price objective (down previously from $54.00) on shares of American Airlines Group in a research note on Thursday, August 17th. Macquarie initiated coverage on shares of American Airlines Group in a research note on Monday, September 25th. They issued a “neutral” rating and a $47.00 price objective on the stock. Raymond James Financial raised shares of American Airlines Group from a “market perform” rating to an “outperform” rating and set a $58.00 price objective on the stock in a research note on Wednesday, September 20th. Finally, BidaskClub raised shares of American Airlines Group from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 14th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. American Airlines Group currently has a consensus rating of “Buy” and a consensus price target of $58.47.

The company has a market cap of $23,891.46, a PE ratio of 10.25 and a beta of 0.99. The company has a quick ratio of 0.57, a current ratio of 0.65 and a debt-to-equity ratio of 5.63.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, October 26th. The airline reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.02. The business had revenue of $10.88 billion for the quarter, compared to the consensus estimate of $10.88 billion. American Airlines Group had a net margin of 4.71% and a return on equity of 64.92%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted $2.80 earnings per share. equities research analysts expect that American Airlines Group Inc will post 4.63 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, November 27th. Investors of record on Monday, November 13th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend was Friday, November 10th. American Airlines Group’s dividend payout ratio is currently 10.18%.

In related news, Director Alberto Ibarguen sold 4,229 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $47.60, for a total transaction of $201,300.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ray M. Robinson sold 3,476 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $46.76, for a total transaction of $162,537.76. Following the sale, the director now owns 29,938 shares of the company’s stock, valued at $1,399,900.88. The disclosure for this sale can be found here. Company insiders own 0.69% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in American Airlines Group by 0.3% in the second quarter. Vanguard Group Inc. now owns 30,304,361 shares of the airline’s stock valued at $1,524,915,000 after acquiring an additional 93,279 shares during the last quarter. Carmignac Gestion lifted its stake in shares of American Airlines Group by 0.3% in the second quarter. Carmignac Gestion now owns 4,223,251 shares of the airline’s stock worth $212,514,000 after buying an additional 13,700 shares during the last quarter. Brandywine Global Investment Management LLC lifted its stake in shares of American Airlines Group by 1.8% in the second quarter. Brandywine Global Investment Management LLC now owns 3,705,246 shares of the airline’s stock worth $186,448,000 after buying an additional 64,713 shares during the last quarter. LSV Asset Management lifted its stake in shares of American Airlines Group by 8.7% in the second quarter. LSV Asset Management now owns 3,424,746 shares of the airline’s stock worth $172,333,000 after buying an additional 274,264 shares during the last quarter. Finally, Boston Partners acquired a new stake in shares of American Airlines Group in the third quarter worth $113,633,000. Hedge funds and other institutional investors own 81.29% of the company’s stock.

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American Airlines Group Company Profile

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

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