Landscape Capital Management L.L.C. Has $6.72 Million Stock Holdings in American Airlines Group Inc. (NASDAQ:AAL)

Landscape Capital Management L.L.C. lessened its stake in shares of American Airlines Group Inc. (NASDAQ:AAL) by 0.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 597,849 shares of the airline’s stock after selling 729 shares during the period. American Airlines Group comprises approximately 0.7% of Landscape Capital Management L.L.C.’s investment portfolio, making the stock its 17th largest holding. Landscape Capital Management L.L.C. owned 0.09% of American Airlines Group worth $6,720,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Blue Trust Inc. lifted its stake in 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 last quarter. UMB Bank n.a. boosted its stake in shares of American Airlines Group by 404.3% during the 2nd quarter. UMB Bank n.a. now owns 2,824 shares of the airline’s stock worth $32,000 after acquiring an additional 2,264 shares during the period. Beaird Harris Wealth Management LLC increased its holdings in shares of American Airlines Group by 51.3% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 2,345 shares of the airline’s stock worth $36,000 after acquiring an additional 795 shares during the last quarter. ORG Partners LLC bought a new stake in American Airlines Group in the 2nd quarter valued at $36,000. Finally, Sentry Investment Management LLC acquired a new stake in shares of American Airlines Group during the 2nd quarter worth about $36,000. 52.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on AAL shares. Evercore lowered their target price on American Airlines Group from $13.00 to $10.00 in a research note on Friday, July 26th. JPMorgan Chase & Co. boosted their target price on shares of American Airlines Group from $15.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. Susquehanna lifted their price objective on shares of American Airlines Group from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. Redburn Atlantic raised shares of American Airlines Group to a “hold” rating in a report on Tuesday, September 3rd. Finally, Jefferies Financial Group lifted their price target on shares of American Airlines Group from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, American Airlines Group presently has an average rating of “Hold” and an average target price of $13.96.

American Airlines Group Price Performance

AAL stock opened at $14.46 on Thursday. The stock has a market cap of $9.50 billion, a price-to-earnings ratio of 43.82, a P/E/G ratio of 0.26 and a beta of 1.39. The company has a 50 day simple moving average of $12.41 and a 200 day simple moving average of $11.76. American Airlines Group Inc. has a 1 year low of $9.07 and a 1 year high of $16.15.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.14. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.50 billion. During the same period in the prior year, the business earned $0.38 earnings per share. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, equities research analysts anticipate that American Airlines Group Inc. will post 1.49 EPS for the current fiscal year.

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.