Stephens Inc. AR lifted its holdings in American Airlines Group, Inc. (NASDAQ:AAL) by 26.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,311 shares of the airline’s stock after purchasing an additional 1,512 shares during the period. Stephens Inc. AR’s holdings in American Airlines Group were worth $368,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Primecap Management Co. CA increased its stake in shares of American Airlines Group by 3.4% in the first quarter. Primecap Management Co. CA now owns 46,745,831 shares of the airline’s stock worth $1,977,349,000 after purchasing an additional 1,524,040 shares during the period. BlackRock Inc. increased its stake in shares of American Airlines Group by 4,435.0% in the first quarter. BlackRock Inc. now owns 28,607,876 shares of the airline’s stock worth $1,210,114,000 after purchasing an additional 27,977,045 shares during the period. FMR LLC increased its stake in shares of American Airlines Group by 56.3% in the first quarter. FMR LLC now owns 26,825,165 shares of the airline’s stock worth $1,134,705,000 after purchasing an additional 9,667,389 shares during the period. Geode Capital Management LLC increased its stake in shares of American Airlines Group by 7.6% in the first quarter. Geode Capital Management LLC now owns 5,297,036 shares of the airline’s stock worth $223,815,000 after purchasing an additional 375,764 shares during the period. Finally, LSV Asset Management increased its stake in shares of American Airlines Group by 8.7% in the second quarter. LSV Asset Management now owns 3,424,746 shares of the airline’s stock worth $172,333,000 after purchasing an additional 274,264 shares during the period. Institutional investors and hedge funds own 81.53% of the company’s stock.

A number of research firms have recently commented on AAL. Raymond James Financial, Inc. upgraded American Airlines Group from a “market perform” rating to an “outperform” rating and set a $58.00 price objective on the stock in a research note on Wednesday. Morgan Stanley reiterated an “equal weight” rating on shares of American Airlines Group in a research note on Monday. J P Morgan Chase & Co lowered American Airlines Group from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $61.00 to $53.00 in a research note on Friday, September 15th. BidaskClub upgraded American Airlines Group from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 14th. Finally, Barclays PLC reissued a “hold” rating and set a $55.00 target price on shares of American Airlines Group in a research report on Thursday, September 14th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. American Airlines Group presently has an average rating of “Buy” and an average target price of $56.85.

In other American Airlines Group news, EVP Elise R. Eberwein sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $50.35, for a total value of $2,517,500.00. Following the sale, the executive vice president now owns 312,368 shares in the company, valued at $15,727,728.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $162,537.76. Following the completion of the sale, the director now owns 29,938 shares in the company, valued at approximately $1,399,900.88. The disclosure for this sale can be found here. Insiders have sold a total of 63,476 shares of company stock worth $3,159,738 in the last quarter. 0.64% of the stock is currently owned by company insiders.

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American Airlines Group, Inc. (NASDAQ:AAL) opened at 45.42 on Thursday. The company has a 50-day moving average of $46.60 and a 200 day moving average of $46.73. The company has a market cap of $22.12 billion, a PE ratio of 11.28 and a beta of 0.98. American Airlines Group, Inc. has a 52-week low of $33.90 and a 52-week high of $54.48. American Airlines Group also was the target of unusually large options trading activity on Monday. Traders purchased 1,841 put options on the stock. This represents an increase of approximately 221% compared to the average volume of 574 put options.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Friday, July 28th. The airline reported $1.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.87 by $0.05. The business had revenue of $11.11 billion for the quarter, compared to analyst estimates of $11.08 billion. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $1.77 EPS. Equities research analysts predict that American Airlines Group, Inc. will post $4.78 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, August 28th. Investors of record on Monday, August 14th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.40 annualized dividend and a dividend yield of 0.88%. American Airlines Group’s dividend payout ratio is 9.88%.

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.

Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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