American Airlines Group Inc. (NASDAQ:AAL) Holdings Lifted by United Services Automobile Association

United Services Automobile Association grew its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 33.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,088 shares of the airline’s stock after buying an additional 10,381 shares during the period. United Services Automobile Association’s holdings in American Airlines Group were worth $716,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in American Airlines Group in the 4th quarter valued at about $25,000. Brooklyn Investment Group boosted its holdings in shares of American Airlines Group by 133.1% in the fourth quarter. Brooklyn Investment Group now owns 1,592 shares of the airline’s stock valued at $28,000 after acquiring an additional 909 shares in the last quarter. Bfsg LLC increased its stake in shares of American Airlines Group by 269.3% during the fourth quarter. Bfsg LLC now owns 2,057 shares of the airline’s stock valued at $36,000 after acquiring an additional 1,500 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in American Airlines Group during the fourth quarter worth approximately $45,000. Finally, Quent Capital LLC lifted its position in American Airlines Group by 70.2% in the fourth quarter. Quent Capital LLC now owns 3,064 shares of the airline’s stock worth $53,000 after purchasing an additional 1,264 shares during the period. 52.44% of the stock is currently owned by institutional investors and hedge funds.

American Airlines Group Price Performance

NASDAQ:AAL opened at $11.83 on Tuesday. The stock has a market cap of $7.78 billion, a PE ratio of 10.38, a price-to-earnings-growth ratio of 0.21 and a beta of 1.27. American Airlines Group Inc. has a fifty-two week low of $9.07 and a fifty-two week high of $19.10. The stock’s 50-day moving average is $15.19 and its two-hundred day moving average is $14.49.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Thursday, January 23rd. The airline reported $0.86 EPS 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, equities research analysts anticipate that American Airlines Group Inc. will post 2.42 earnings per share for the current year.

Insider Activity

In related news, SVP Angela Owens sold 51,906 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the senior vice president now owns 112,412 shares of the company’s stock, valued at approximately $1,927,865.80. The trade was a 31.59 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of the stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $17.21, for a total value of $1,763,009.61. Following the completion of the transaction, the chief executive officer now owns 2,967,984 shares in the company, valued at $51,079,004.64. This represents a 3.34 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

AAL has been the topic of several research analyst reports. Seaport Res Ptn upgraded American Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th. Melius raised shares of American Airlines Group from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a report on Monday, January 6th. Morgan Stanley raised their price objective on shares of American Airlines Group from $18.00 to $22.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Susquehanna dropped their target price on shares of American Airlines Group from $20.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Finally, Raymond James restated an “outperform” rating and set a $23.00 target price (down from $24.00) on shares of American Airlines Group in a report on Friday, January 24th. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $19.30.

American Airlines Group 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.