Traders Sell Shares of American Airlines Group (AAL) on Strength (AAL)

Investors sold shares of American Airlines Group Inc (NASDAQ:AAL) on strength during trading hours on Tuesday. $19.75 million flowed into the stock on the tick-up and $39.23 million flowed out of the stock on the tick-down, for a money net flow of $19.48 million out of the stock. Of all stocks tracked, American Airlines Group had the 0th highest net out-flow for the day. American Airlines Group traded up $0.14 for the day and closed at $51.72

Several brokerages have recently commented on AAL. Zacks Investment Research downgraded shares of American Airlines Group from a “buy” rating to a “hold” rating in a research report on Tuesday. Buckingham Research lifted their price target on shares of American Airlines Group from $71.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, January 26th. BidaskClub downgraded shares of American Airlines Group from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Morgan Stanley reissued an “equal weight” rating on shares of American Airlines Group in a research report on Monday, November 13th. Finally, Sanford C. Bernstein raised shares of American Airlines Group from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $52.59 to $62.00 in a research report on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $61.38.

The company has a current ratio of 0.61, a quick ratio of 0.52 and a debt-to-equity ratio of 5.73. The firm has a market cap of $24,747.97, a P/E ratio of 13.50, a price-to-earnings-growth ratio of 1.12 and a beta of 0.96.

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

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 20th. Shareholders of record on Tuesday, February 6th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.76%. The ex-dividend date was Monday, February 5th. American Airlines Group’s dividend payout ratio (DPR) is presently 10.23%.

In other news, Director Richard C. Kraemer sold 3,000 shares of American Airlines Group stock in a transaction on Monday, January 29th. The stock was sold at an average price of $52.71, for a total transaction of $158,130.00. Following the sale, the director now directly owns 53,229 shares in the company, valued at approximately $2,805,700.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO W Douglas Parker sold 224,572 shares of American Airlines Group stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $52.32, for a total value of $11,749,607.04. Following the sale, the chief executive officer now owns 1,925,242 shares in the company, valued at $100,728,661.44. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 302,416 shares of company stock worth $15,826,647. Company insiders own 0.64% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AAL. Advisor Partners LLC increased its holdings in American Airlines Group by 14.3% in the 4th quarter. Advisor Partners LLC now owns 8,564 shares of the airline’s stock worth $497,000 after acquiring an additional 1,072 shares during the last quarter. Shufro Rose & Co. LLC increased its holdings in American Airlines Group by 21.7% in the 3rd quarter. Shufro Rose & Co. LLC now owns 6,263 shares of the airline’s stock worth $297,000 after acquiring an additional 1,116 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in American Airlines Group by 0.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 130,695 shares of the airline’s stock worth $6,800,000 after acquiring an additional 1,140 shares during the last quarter. Reilly Financial Advisors LLC increased its holdings in American Airlines Group by 12.5% in the 4th quarter. Reilly Financial Advisors LLC now owns 10,696 shares of the airline’s stock worth $557,000 after acquiring an additional 1,189 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in American Airlines Group by 5.4% in the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 24,263 shares of the airline’s stock worth $1,270,000 after acquiring an additional 1,240 shares during the last quarter. Institutional investors own 81.69% of the company’s stock.

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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.

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