Yousif Capital Management LLC Cuts Stock Position in American Airlines Group Inc. (NASDAQ:AAL)

Yousif Capital Management LLC trimmed its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 2.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 95,477 shares of the airline’s stock after selling 2,729 shares during the period. Yousif Capital Management LLC’s holdings in American Airlines Group were worth $1,312,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Gables Capital Management Inc. boosted its holdings in American Airlines Group by 100.0% in the 3rd quarter. Gables Capital Management Inc. now owns 2,000 shares of the airline’s stock worth $26,000 after acquiring an additional 1,000 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in American Airlines Group during the 3rd quarter valued at $33,000. GAMMA Investing LLC acquired a new position in American Airlines Group in the 4th quarter worth $38,000. Baystate Wealth Management LLC boosted its position in American Airlines Group by 267.1% in the 4th quarter. Baystate Wealth Management LLC now owns 3,924 shares of the airline’s stock valued at $54,000 after buying an additional 2,855 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in shares of American Airlines Group by 238.1% during the third quarter. Cullen Frost Bankers Inc. now owns 4,260 shares of the airline’s stock valued at $55,000 after acquiring an additional 3,000 shares in the last quarter. 52.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AAL has been the topic of several recent analyst reports. Seaport Res Ptn upgraded American Airlines Group from a “neutral” rating to a “buy” rating in a research note on Friday, January 26th. TD Cowen raised shares of American Airlines Group from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $14.00 to $21.00 in a research report on Friday, January 26th. Sanford C. Bernstein increased their price objective on shares of American Airlines Group from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Tuesday, March 5th. Morgan Stanley reissued an “overweight” rating and issued a $20.00 target price on shares of American Airlines Group in a research report on Tuesday, March 5th. Finally, Evercore ISI reiterated a “hold” rating and issued a $17.00 price target on shares of American Airlines Group in a research note on Monday, January 29th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, American Airlines Group currently has an average rating of “Hold” and a consensus target price of $17.53.

American Airlines Group Stock Performance

AAL stock opened at $13.85 on Friday. American Airlines Group Inc. has a 1 year low of $10.86 and a 1 year high of $19.08. The stock has a market capitalization of $9.09 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 0.20 and a beta of 1.57. The stock’s fifty day moving average is $14.34 and its two-hundred day moving average is $13.68.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings data on Thursday, April 25th. The airline reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.06). American Airlines Group had a net margin of 0.94% and a negative return on equity of 31.65%. The firm had revenue of $12.57 billion during the quarter, compared to the consensus estimate of $12.60 billion. During the same quarter in the prior year, the business earned $0.05 earnings per share. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. As a group, analysts predict that American Airlines Group Inc. will post 2.54 EPS for the current fiscal year.

American Airlines Group Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.