Bfsg LLC Has $36,000 Stock Position in American Airlines Group Inc. (NASDAQ:AAL)

Bfsg LLC boosted its position in shares of American Airlines Group Inc. (NASDAQ:AAL) by 269.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,057 shares of the airline’s stock after purchasing an additional 1,500 shares during the quarter. Bfsg LLC’s holdings in American Airlines Group were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Creative Planning lifted its holdings in American Airlines Group by 33.3% in the third quarter. Creative Planning now owns 232,811 shares of the airline’s stock valued at $2,617,000 after buying an additional 58,127 shares during the period. Vontobel Holding Ltd. raised its position in shares of American Airlines Group by 110.6% during the 3rd quarter. Vontobel Holding Ltd. now owns 38,815 shares of the airline’s stock valued at $436,000 after acquiring an additional 20,383 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of American Airlines Group by 56.2% in the 3rd quarter. Blue Trust Inc. now owns 2,533 shares of the airline’s stock valued at $29,000 after purchasing an additional 911 shares during the period. Sequoia Financial Advisors LLC bought a new position in shares of American Airlines Group in the 3rd quarter worth $114,000. Finally, International Assets Investment Management LLC grew its stake in shares of American Airlines Group by 1,334.6% during the third quarter. International Assets Investment Management LLC now owns 359,284 shares of the airline’s stock worth $40,380,000 after purchasing an additional 334,239 shares during the period. 52.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Angela Owens sold 51,906 shares of American Airlines Group stock in a transaction dated 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 transaction, the senior vice president now owns 112,412 shares of the company’s stock, valued at $1,927,865.80. This trade represents a 31.59 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of the company’s 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 completion of the sale, the chief executive officer now directly owns 2,967,984 shares in the company, valued at approximately $51,079,004.64. The trade was 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 corporate insiders.

American Airlines Group Stock Down 0.5 %

Shares of AAL opened at $16.00 on Thursday. American Airlines Group Inc. has a twelve month low of $9.07 and a twelve month high of $19.10. The stock has a market capitalization of $10.51 billion, a P/E ratio of 14.04, a P/E/G ratio of 0.22 and a beta of 1.35. The company has a 50 day moving average of $17.17 and a 200-day moving average of $14.00.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.47. American Airlines Group had a net margin of 1.56% and a negative return on equity of 28.56%. On average, sell-side analysts anticipate that American Airlines Group Inc. will post 2.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AAL has been the topic of a number of recent analyst reports. 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 report on Thursday, December 5th. Raymond James reissued an “outperform” rating and set a $23.00 price objective (down previously from $24.00) on shares of American Airlines Group in a research note on Friday, January 24th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $15.00 target price on shares of American Airlines Group in a research note on Friday, November 15th. Evercore ISI boosted their price target on shares of American Airlines Group to $18.00 and gave the company a “hold” rating in a report on Thursday, January 9th. Finally, Citigroup upped their price objective on shares of American Airlines Group from $19.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Seven research analysts have rated the stock with a hold rating, eleven have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $18.88.

American Airlines Group Company 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.