American Airlines Group Inc. (NASDAQ:AAL) Given Consensus Recommendation of “Moderate Buy” by Brokerages

American Airlines Group Inc. (NASDAQ:AAL) has been given an average rating of “Moderate Buy” by the twenty-one analysts that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and three have given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $19.70.

Several brokerages have commented on AAL. StockNews.com raised American Airlines Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 29th. Morgan Stanley raised their target price on American Airlines Group from $18.00 to $22.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Seaport Res Ptn upgraded American Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th. Redburn Partners upgraded American Airlines Group from a “neutral” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Wednesday, February 26th. Finally, Susquehanna decreased their target price on American Airlines Group from $20.00 to $18.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th.

Insider Buying and Selling at American Airlines Group

In other American Airlines Group news, SVP Angela Owens sold 51,906 shares of American Airlines Group stock in a transaction 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of American Airlines Group stock in a transaction on Friday, December 27th. The shares were sold at an average price of $17.21, for a total value of $1,763,009.61. Following the completion of the sale, the chief executive officer now directly owns 2,967,984 shares of the company’s stock, valued at $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. Company insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On American Airlines Group

A number of institutional investors have recently modified their holdings of AAL. Golden State Wealth Management LLC acquired a new position in American Airlines Group during the 4th quarter worth $25,000. Brooklyn Investment Group grew its stake in American Airlines Group by 133.1% during the 4th quarter. Brooklyn Investment Group now owns 1,592 shares of the airline’s stock worth $28,000 after purchasing an additional 909 shares in the last quarter. Blue Trust Inc. grew its stake in American Airlines Group by 56.2% during the 3rd quarter. Blue Trust Inc. now owns 2,533 shares of the airline’s stock worth $29,000 after purchasing an additional 911 shares in the last quarter. Elequin Capital LP grew its stake in American Airlines Group by 208.5% during the 4th quarter. Elequin Capital LP now owns 1,749 shares of the airline’s stock worth $30,000 after purchasing an additional 1,182 shares in the last quarter. Finally, Bfsg LLC grew its stake in American Airlines Group by 269.3% during the 4th quarter. Bfsg LLC now owns 2,057 shares of the airline’s stock worth $36,000 after purchasing an additional 1,500 shares in the last quarter. 52.44% of the stock is owned by institutional investors and hedge funds.

American Airlines Group Trading Down 3.7 %

Shares of AAL opened at $13.35 on Friday. American Airlines Group has a 12 month low of $9.07 and a 12 month high of $19.10. The stock’s 50 day moving average is $16.79 and its two-hundred day moving average is $14.35. The firm has a market cap of $8.78 billion, a P/E ratio of 11.71, a PEG ratio of 0.21 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings data on Thursday, January 23rd. The airline reported $0.86 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%. Equities research analysts forecast that American Airlines Group will post 2.42 EPS for the current year.

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.