Now the shares of American Airlines Group Inc. Institutional investors and hedge funds own 81.51% of the company's stock. Insiders have sold 187,623 shares of company stock valued at $9,389,966 in the last quarter. As of the end of the quarter Laurion Capital Management Lp had acquired 462,300 shares growing its position 220.7%. Finally, Bank of America Corporation increased their price objective on shares of American Airlines Group from $40.00 to $42.00 and gave the stock an underperform rating in a research note on Friday, June 30th. FNY Managed Accounts LLC now owns 2,810 shares of the airline's stock valued at $141,000 after buying an additional 1,672 shares during the last quarter. Finally, Global X Management Co. LLC increased its position in shares of American Airlines Group by 26.7% in the first quarter. LLC now owns 3,528 shares of the airline's stock worth $149,000 after buying an additional 743 shares in the last quarter. 4,343,263 stocks of the company transacted hands. It improved, as 48 investors sold AAL shares while 206 reduced holdings. American Airlines Group has a one year low of $33.90 and a one year high of $54.48. Company has a valuation of $23.41 B, a price to earnings ratio of 11.93 along with a stock beta of 0.96. the company has 50 Day SMA price of $51.03 and a two hundred SMA of $46.87. Shufro Rose And Limited Liability Corporation holds 0.03% of its portfolio in American Airlines Group Inc (NASDAQ:AAL) for 5,567 shares.
Sanford C. Bernstein restated their market perform recommendation on stocks of American Airlines Group, (NASDAQ:AAL) in a study released on Thurs, Jul 13th. Adage Cap Ptnrs Grp Incorporated Lc reported 1.14M shares or 0.15% of all its holdings. The company had revenue of $11.11 billion for the quarter, compared to analysts' expectations of $11.08 billion. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. The company's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.77 earnings per share. On average, equities analysts expect that American Airlines Group, Inc. will post $5.14 EPS for the current fiscal year. The company also recently declared a dividend that will be paid on Monday the 28th of August 2017. Stockholders of record on Monday, August 14th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Thursday the 10th of August 2017. American Airlines Group presently has a consensus rating of "Hold" and an average target price of $53.57. First Manhattan Co. increased its stake in American Airlines Group by 3.3% in the second quarter. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and worldwide trademark and copyright law. Bank & Trust Of Montreal Can has invested 0.02% in American Airlines Group Inc (NASDAQ:AAL).
A number of other brokerages have also recently commented on AAL. On July 13 Citigroup held the stock rating at "Buy" but moved up the price target from $55.00 to $67.00. UBS upgraded American Airlines Group Inc (NASDAQ:AAL) on Wednesday, January 27 to "Buy" rating. Imperial Capital reiterated an in-line recommendation and fixed a $43.00 target price on stock of American Airlines Group in a note on Fri, May 19th. crowd sourced stock rating company Vetr cut American Airlines Group from a buy recommendation to a hold recommendation and fixed a $46.04 target price for The corporation.in a note on Wed, Apr 19th.
In related news, EVP Elise R. Eberwein sold 33,400 shares of the business's stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $50.00, for a total transaction of $5,211,150.00. Following the transaction, the vice president now owns 591,195 shares in the company, valued at $29,559,750. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Derek J. Kerr sold 104,223 shares of the business's stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $49.74, for a total value of $1,661,316.00. Following the transaction, the executive vice president now directly owns 312,368 shares in the company, valued at $15,727,728.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 161,480 shares of company stock valued at $7,999,471. The stock had a trading volume of 1,793,279 shares. The original version of this news story can be accessed at https://www.chaffeybreeze.com/2017/08/12/american-airlines-groups-nasdaqaal-in-line-rating-reiterated-at-imperial-capital-updated-updated.html. The Company's primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Firm operates through American segment, which provides air transportation for passengers and cargo.