Nisa Investment Advisors LLC grew its holdings in shares of American Airlines Group Inc (NASDAQ:AAL) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 130,695 shares of the airline’s stock after acquiring an additional 1,140 shares during the period. Nisa Investment Advisors LLC’s holdings in American Airlines Group were worth $6,800,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Boston Partners acquired a new stake in shares of American Airlines Group in the 3rd quarter valued at about $113,633,000. Cyrus Capital Partners L.P. acquired a new stake in shares of American Airlines Group in the 2nd quarter valued at about $75,480,000. Parametric Portfolio Associates LLC grew its stake in shares of American Airlines Group by 111.2% in the 2nd 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. Ameriprise Financial Inc. grew its stake in shares of American Airlines Group by 162.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 912,485 shares of the airline’s stock valued at $43,332,000 after buying an additional 564,627 shares during the period. Finally, UBS Oconnor LLC grew its stake in shares of American Airlines Group by 79.5% in the 2nd quarter. UBS Oconnor LLC now owns 774,260 shares of the airline’s stock valued at $38,961,000 after buying an additional 342,969 shares during the period. Hedge funds and other institutional investors own 81.22% of the company’s stock.

In other American Airlines Group news, Director Alberto Ibarguen sold 4,229 shares of American Airlines Group stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $47.60, for a total transaction of $201,300.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO W Douglas Parker sold 224,572 shares of American Airlines Group stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $52.32, for a total transaction of $11,749,607.04. Following the transaction, the chief executive officer now directly owns 1,925,242 shares in the company, valued at approximately $100,728,661.44. The disclosure for this sale can be found here. 0.69% of the stock is owned by company insiders.

American Airlines Group Inc (NASDAQ AAL) opened at $58.47 on Tuesday. The stock has a market capitalization of $27,977.84, a PE ratio of 14.88, a price-to-earnings-growth ratio of 5.27 and a beta of 0.99. The company has a debt-to-equity ratio of 5.63, a quick ratio of 0.57 and a current ratio of 0.65. American Airlines Group Inc has a 12 month low of $39.21 and a 12 month high of $58.73.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, October 26th. The airline reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.02. The business had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.88 billion. American Airlines Group had a return on equity of 64.92% and a net margin of 4.71%. The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.80 EPS. equities research analysts expect that American Airlines Group Inc will post 4.8 earnings per share for the current fiscal year.

Several brokerages have recently commented on AAL. Buckingham Research restated a “buy” rating and issued a $71.00 target price (up from $66.00) on shares of American Airlines Group in a research note on Thursday, January 11th. Citigroup raised their target price on American Airlines Group to $65.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Imperial Capital restated an “in-line” rating and issued a $53.00 target price (up from $47.00) on shares of American Airlines Group in a research note on Thursday, January 11th. BidaskClub upgraded American Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Finally, Bank of America upgraded American Airlines Group from an “underperform” rating to a “buy” rating and set a $64.00 price target for the company in a research note on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. American Airlines Group currently has a consensus rating of “Buy” and an average price target of $60.35.

COPYRIGHT VIOLATION WARNING: This article was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright law. The original version of this article can be viewed at https://www.thecerbatgem.com/2018/01/16/american-airlines-group-inc-aal-holdings-increased-by-nisa-investment-advisors-llc.html.

American Airlines Group 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.

Want to see what other hedge funds are holding AAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Airlines Group Inc (NASDAQ:AAL).

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

Receive News & Stock Ratings for American Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group and related stocks with our FREE daily email newsletter.