HBK Investments L P acquired a new stake in shares of American Airlines Group Inc (NASDAQ:AAL) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 23,200 shares of the airline’s stock, valued at approximately $1,207,000.

A number of other hedge funds have also recently bought and sold shares of the business. Ellington Management Group LLC acquired a new position in shares of American Airlines Group in the 4th quarter valued at about $364,000. Prime Capital Investment Advisors LLC acquired a new position in shares of American Airlines Group in the 4th quarter valued at about $3,044,000. Weil Company Inc. acquired a new position in shares of American Airlines Group in the 4th quarter valued at about $208,000. JOYN Advisors Inc. acquired a new position in shares of American Airlines Group in the 4th quarter valued at about $229,000. Finally, Quantitative Investment Management LLC acquired a new position in shares of American Airlines Group in the 4th quarter valued at about $15,718,000. 80.52% of the stock is owned by institutional investors.

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In other news, Director Matthew J. Hart sold 35,182 shares of the stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $51.90, for a total value of $1,825,945.80. Following the completion of the sale, the director now directly owns 33,258 shares of the company’s stock, valued at $1,726,090.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO W Douglas Parker sold 224,572 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $52.32, for a total value of $11,749,607.04. Following the completion of the sale, the chief executive officer now directly owns 1,925,242 shares of the company’s stock, valued at $100,728,661.44. The disclosure for this sale can be found here. Insiders have sold 302,416 shares of company stock valued at $15,826,647 in the last ninety days. Company insiders own 0.69% of the company’s stock.

Shares of American Airlines Group stock opened at $54.09 on Thursday. The stock has a market capitalization of $26,174.03, a P/E ratio of 13.83, a price-to-earnings-growth ratio of 0.50 and a beta of 0.93. The company has a current ratio of 0.61, a quick ratio of 0.52 and a debt-to-equity ratio of 5.73. American Airlines Group Inc has a 12-month low of $39.21 and a 12-month high of $59.08.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, January 25th. The airline reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.03. The firm had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. American Airlines Group had a return on equity of 63.78% and a net margin of 4.55%. The company’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.92 earnings per share. equities analysts forecast that American Airlines Group Inc will post 5.93 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 20th. Shareholders of record on Tuesday, February 6th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, February 5th. This represents a $0.40 dividend on an annualized basis and a yield of 0.74%. American Airlines Group’s payout ratio is currently 10.23%.

A number of equities analysts recently commented on the company. Morgan Stanley restated an “equal weight” rating and issued a $59.00 price objective (down previously from $60.00) on shares of American Airlines Group in a report on Friday, February 23rd. Sanford C. Bernstein upgraded American Airlines Group from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $52.59 to $62.00 in a report on Wednesday, January 31st. Zacks Investment Research upgraded American Airlines Group from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a report on Tuesday, February 13th. BidaskClub upgraded American Airlines Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 27th. Finally, Imperial Capital restated an “in-line” rating and issued a $53.00 price objective (up previously from $47.00) on shares of American Airlines Group in a report on Thursday, January 11th. One analyst has rated the stock with a sell rating, five have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. American Airlines Group presently has an average rating of “Buy” and a consensus price target of $61.74.

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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.

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

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