VIRGINIA RETIREMENT SYSTEMS ET Al Trims Stake in American Airlines Group Inc. $AAL

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its position in American Airlines Group Inc. (NASDAQ:AAL) by 25.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 154,800 shares of the airline’s stock after selling 52,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in American Airlines Group were worth $1,740,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Marshall Wace LLP raised its holdings in American Airlines Group by 319.4% in the second quarter. Marshall Wace LLP now owns 5,019,492 shares of the airline’s stock worth $56,319,000 after purchasing an additional 3,822,757 shares in the last quarter. Nearwater Capital Markets Ltd purchased a new stake in shares of American Airlines Group in the 1st quarter worth about $29,012,000. Norges Bank bought a new position in shares of American Airlines Group in the 2nd quarter worth about $15,133,000. Jump Financial LLC lifted its position in American Airlines Group by 203.3% during the 2nd quarter. Jump Financial LLC now owns 1,914,890 shares of the airline’s stock valued at $21,485,000 after acquiring an additional 1,283,590 shares during the period. Finally, Par Capital Management Inc. bought a new stake in American Airlines Group during the second quarter worth about $14,025,000. 52.44% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AAL has been the subject of a number of analyst reports. BMO Capital Markets raised shares of American Airlines Group to a “hold” rating in a research note on Tuesday, December 9th. Citigroup initiated coverage on American Airlines Group in a research report on Thursday, December 4th. They set a “buy” rating and a $19.00 price objective for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of American Airlines Group in a report on Monday. Wells Fargo & Company started coverage on American Airlines Group in a research note on Thursday, December 18th. They issued an “equal weight” rating and a $17.00 target price on the stock. Finally, UBS Group set a $20.00 price target on shares of American Airlines Group and gave the stock a “buy” rating in a research note on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $16.46.

American Airlines Group Trading Up 1.0%

American Airlines Group stock opened at $15.48 on Friday. American Airlines Group Inc. has a 12 month low of $8.50 and a 12 month high of $19.10. The stock has a fifty day simple moving average of $14.15 and a two-hundred day simple moving average of $12.82. The firm has a market cap of $10.22 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 0.60 and a beta of 1.23.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Thursday, October 23rd. The airline reported ($0.17) EPS for the quarter, beating the consensus estimate of ($0.27) by $0.10. American Airlines Group had a negative return on equity of 18.14% and a net margin of 1.11%.The company had revenue of $13.69 billion for the quarter, compared to analysts’ expectations of $13.65 billion. During the same period last year, the firm posted $0.30 earnings per share. American Airlines Group’s revenue was up .3% compared to the same quarter last year. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS and its FY 2025 guidance at 0.650-0.950 EPS. On average, equities research analysts forecast that American Airlines Group Inc. will post 2.42 EPS for the current fiscal year.

About American Airlines Group

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.