American Airlines Group Inc. (NASDAQ:AAL) Shares Bought by Savant Capital LLC

Savant Capital LLC lifted its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 122.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,076 shares of the airline’s stock after acquiring an additional 13,236 shares during the quarter. Savant Capital LLC’s holdings in American Airlines Group were worth $331,000 as of its most recent filing with the Securities and Exchange Commission.

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

American Airlines Group Stock Performance

Shares of NASDAQ:AAL opened at $14.65 on Tuesday. American Airlines Group Inc. has a 52 week low of $10.86 and a 52 week high of $19.08. The company has a market cap of $9.61 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 0.20 and a beta of 1.57. The firm has a 50 day simple moving average of $14.33 and a 200 day simple moving average of $13.74.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings results on Thursday, April 25th. The airline reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $12.57 billion for the quarter, compared to analysts’ expectations of $12.60 billion. During the same quarter in the prior year, the firm posted $0.05 EPS. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, equities analysts predict that American Airlines Group Inc. will post 2.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AAL. JPMorgan Chase & Co. upped their target price on American Airlines Group from $19.00 to $22.00 and gave the company an “overweight” rating in a research report on Friday, January 26th. Jefferies Financial Group raised shares of American Airlines Group from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research report on Thursday, January 11th. Citigroup reiterated a “buy” rating and issued a $20.00 price target on shares of American Airlines Group in a research note on Thursday, March 14th. Seaport Res Ptn upgraded shares of American Airlines Group from a “neutral” rating to a “buy” rating in a research report on Friday, January 26th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $20.00 price objective on shares of American Airlines Group in a research report on Tuesday, March 5th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat, American Airlines Group currently has a consensus rating of “Hold” and a consensus price target of $17.60.

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.