American Airlines Group Inc (AAL) VP Derek J. Kerr Sells 39,662 Shares

American Airlines Group Inc (NASDAQ:AAL) VP Derek J. Kerr sold 39,662 shares of the business’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $52.77, for a total transaction of $2,092,963.74. Following the sale, the vice president now directly owns 429,046 shares in the company, valued at $22,640,757.42. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of American Airlines Group Inc (NASDAQ AAL) traded up $0.78 during trading hours on Wednesday, reaching $50.87. 3,758,000 shares of the company were exchanged, compared to its average volume of 5,588,645. The company has a debt-to-equity ratio of 5.73, a current ratio of 0.61 and a quick ratio of 0.52. American Airlines Group Inc has a 12-month low of $39.21 and a 12-month high of $59.08. The company has a market capitalization of $24,320.00, a PE ratio of 13.12, a PEG ratio of 1.08 and a beta of 0.96.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, January 25th. The airline reported $0.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.03. American Airlines Group had a net margin of 4.55% and a return on equity of 63.78%. The company had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. During the same period in the prior year, the company earned $0.92 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. equities analysts anticipate that American Airlines Group Inc will post 5.8 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Tuesday, February 6th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date is Monday, February 5th. American Airlines Group’s dividend payout ratio (DPR) is 10.23%.

A number of hedge funds have recently added to or reduced their stakes in the business. LSV Asset Management boosted its holdings in American Airlines Group by 1.1% during the fourth quarter. LSV Asset Management now owns 3,758,992 shares of the airline’s stock valued at $195,580,000 after acquiring an additional 42,460 shares during the period. Boston Partners boosted its holdings in American Airlines Group by 3.8% during the fourth quarter. Boston Partners now owns 2,484,614 shares of the airline’s stock valued at $129,274,000 after acquiring an additional 91,833 shares during the period. Hosking Partners LLP boosted its holdings in American Airlines Group by 0.4% during the third quarter. Hosking Partners LLP now owns 2,344,886 shares of the airline’s stock valued at $111,359,000 after acquiring an additional 9,522 shares during the period. Gendell Jeffrey L boosted its holdings in American Airlines Group by 18.7% during the fourth quarter. Gendell Jeffrey L now owns 1,772,696 shares of the airline’s stock valued at $92,233,000 after acquiring an additional 278,943 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its holdings in American Airlines Group by 2.7% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,591,044 shares of the airline’s stock valued at $82,783,000 after acquiring an additional 42,130 shares during the period. Institutional investors own 80.93% of the company’s stock.

A number of equities analysts have recently weighed in on the stock. BidaskClub downgraded shares of American Airlines Group from a “sell” rating to a “strong sell” rating in a research note on Friday, November 10th. Citigroup upped their price target on shares of American Airlines Group to $65.00 and gave the stock a “buy” rating in a research note on Thursday, January 11th. Bank of America raised shares of American Airlines Group from an “underperform” rating to a “buy” rating and set a $64.00 price target on the stock in a research note on Tuesday, January 9th. Stephens reaffirmed a “hold” rating and issued a $62.00 price target on shares of American Airlines Group in a research note on Wednesday, January 10th. Finally, Buckingham Research upped their price target on shares of American Airlines Group from $71.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, January 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $61.38.

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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.

Insider Buying and Selling by Quarter for American Airlines Group (NASDAQ:AAL)

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