BidaskClub upgraded shares of American Airlines Group, Inc. (NASDAQ:AAL) from a strong sell rating to a sell rating in a report published on Thursday.

Other equities analysts also recently issued reports about the stock. Stifel Nicolaus restated a buy rating on shares of American Airlines Group in a report on Friday, May 26th. Imperial Capital restated an in-line rating and set a $43.00 target price on shares of American Airlines Group in a report on Friday, May 19th. Morgan Stanley restated an equal weight rating and set a $52.00 target price (down from $54.00) on shares of American Airlines Group in a report on Thursday, August 17th. Vetr upgraded shares of American Airlines Group from a buy rating to a strong-buy rating and set a $53.62 target price for the company in a report on Tuesday, May 23rd. Finally, Zacks Investment Research upgraded shares of American Airlines Group from a hold rating to a buy rating and set a $55.00 target price for the company in a report on Wednesday, June 28th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $56.78.

American Airlines Group (AAL) opened at 46.00 on Thursday. American Airlines Group has a 52-week low of $33.90 and a 52-week high of $54.48. The firm has a market capitalization of $22.40 billion, a price-to-earnings ratio of 11.42 and a beta of 0.98. The company’s 50-day moving average is $46.92 and its 200-day moving average is $46.75.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Friday, July 28th. The airline reported $1.92 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.87 by $0.05. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The firm had revenue of $11.11 billion during the quarter, compared to the consensus estimate of $11.08 billion. During the same period last year, the firm posted $1.77 EPS. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities analysts predict that American Airlines Group will post $4.86 earnings per share for the current year.

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The business also recently announced a quarterly dividend, which was paid on Monday, August 28th. Investors of record on Monday, August 14th were given a $0.10 dividend. The ex-dividend date was Thursday, August 10th. This represents a $0.40 annualized dividend and a dividend yield of 0.87%. American Airlines Group’s dividend payout ratio is presently 9.88%.

In related news, Director Ray M. Robinson sold 3,476 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $46.76, for a total value of $162,537.76. Following the sale, the director now directly owns 29,938 shares of the company’s stock, valued at $1,399,900.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Elise R. Eberwein sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $50.35, for a total transaction of $2,517,500.00. Following the completion of the sale, 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. Insiders sold 63,476 shares of company stock worth $3,159,738 over the last three months. Corporate insiders own 0.64% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the business. Primecap Management Co. CA lifted its position in American Airlines Group by 3.4% during the first quarter. Primecap Management Co. CA now owns 46,745,831 shares of the airline’s stock valued at $1,977,349,000 after buying an additional 1,524,040 shares in the last quarter. Vanguard Group Inc. lifted its position in American Airlines Group by 0.3% during the second quarter. Vanguard Group Inc. now owns 30,304,361 shares of the airline’s stock valued at $1,524,915,000 after buying an additional 93,279 shares in the last quarter. BlackRock Inc. lifted its position in American Airlines Group by 4,435.0% during the first quarter. BlackRock Inc. now owns 28,607,876 shares of the airline’s stock valued at $1,210,114,000 after buying an additional 27,977,045 shares in the last quarter. FMR LLC lifted its position in American Airlines Group by 56.3% during the first quarter. FMR LLC now owns 26,825,165 shares of the airline’s stock valued at $1,134,705,000 after buying an additional 9,667,389 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in American Airlines Group by 7.6% during the first quarter. Geode Capital Management LLC now owns 5,297,036 shares of the airline’s stock valued at $223,815,000 after buying an additional 375,764 shares in the last quarter. 81.53% of the stock is currently owned by hedge funds and other institutional investors.

About American Airlines Group

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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