QS Investors LLC lessened its holdings in shares of American Airlines Group, Inc. (NASDAQ:AAL) by 84.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,155 shares of the airline’s stock after selling 39,277 shares during the period. QS Investors LLC’s holdings in American Airlines Group were worth $360,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. BlackRock Inc. lifted its holdings in American Airlines Group by 4,435.0% in 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 during the period. Skandinaviska Enskilda Banken AB publ lifted its holdings in American Airlines Group by 4,841.9% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 943,900 shares of the airline’s stock valued at $39,927,000 after buying an additional 924,800 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in American Airlines Group by 111.2% in the second quarter. Parametric Portfolio Associates LLC now owns 1,336,192 shares of the airline’s stock valued at $67,237,000 after buying an additional 703,617 shares during the period. AJO LP lifted its holdings in American Airlines Group by 193.2% in the second quarter. AJO LP now owns 952,263 shares of the airline’s stock valued at $47,918,000 after buying an additional 627,426 shares during the period. Finally, Point72 Asset Management L.P. acquired a new position in American Airlines Group in the first quarter valued at $24,386,000. Institutional investors own 81.53% of the company’s stock.

American Airlines Group, Inc. (NASDAQ:AAL) opened at 52.03 on Thursday. American Airlines Group, Inc. has a 1-year low of $38.21 and a 1-year high of $54.48. The firm has a 50-day moving average of $47.88 and a 200-day moving average of $47.81. The stock has a market capitalization of $25.34 billion, a PE ratio of 12.92 and a beta of 0.99.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Friday, July 28th. The airline reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.05. The business had revenue of $11.11 billion during 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%. American Airlines Group’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business earned $1.77 EPS. Equities analysts expect that American Airlines Group, Inc. will post $4.58 EPS for the current fiscal year.

In related news, EVP Maya Leibman sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $47.97, for a total transaction of $479,700.00. Following the completion of the sale, the executive vice president now directly owns 161,476 shares in the company, valued at $7,746,003.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Elise R. Eberwein sold 50,000 shares of the business’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 transaction of $2,517,500.00. Following the sale, the executive vice president now owns 312,368 shares of the company’s stock, valued at $15,727,728.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 63,476 shares of company stock valued at $3,159,738. 0.64% of the stock is owned by company insiders.

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Several equities analysts recently issued reports on AAL shares. Bank of America Corporation boosted their target price on shares of American Airlines Group from $40.00 to $42.00 and gave the company an “underperform” rating in a report on Friday, June 30th. BidaskClub raised shares of American Airlines Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 8th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $50.00 price target (up from $49.00) on shares of American Airlines Group in a research note on Monday, July 10th. Citigroup Inc. lifted their price target on shares of American Airlines Group from $58.00 to $67.00 and gave the company a “buy” rating in a research note on Thursday, July 13th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $52.00 price target on shares of American Airlines Group in a research note on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $57.03.

American Airlines Group Company Profile

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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