Today, American Airlines Group Inc. (AAL) Position Held by Amica Retiree Medical Trust

Today, American Airlines Group Inc. (AAL) Position Held by Amica Retiree Medical Trust
Amica Retiree Medical Trust held its stake in shares of American Airlines Group Inc. (NASDAQ:AAL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,179 shares of the airline’s stock at the end of the third quarter. Amica Retiree Medical Trust’s holdings in American Airlines Group were worth $190,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of AAL. Renaissance Technologies LLC acquired a new position in American Airlines Group during the first quarter worth approximately $12,243,000. Legal & General Group Plc raised its position in American Airlines Group by 0.9% in the first quarter. Legal & General Group Plc now owns 728,055 shares of the airline’s stock worth $29,859,000 after buying an additional 6,624 shares during the last quarter. Envestnet Asset Management Inc. raised its position in American Airlines Group by 4.6% in the first quarter. Envestnet Asset Management Inc. now owns 75,887 shares of the airline’s stock worth $3,112,000 after buying an additional 3,370 shares during the last quarter. First Republic Investment Management Inc. raised its position in American Airlines Group by 115.0% in the first quarter. First Republic Investment Management Inc. now owns 26,975 shares of the airline’s stock worth $1,107,000 after buying an additional 14,427 shares during the last quarter. Finally, Exxonmobil Investment Management Inc. TX raised its position in American Airlines Group by 1.9% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 149,660 shares of the airline’s stock worth $4,237,000 after buying an additional 2,840 shares during the last quarter. Institutional investors own 75.78% of the company’s stock.

American Airlines Group Inc. (NASDAQ:AAL) traded up 1.04% during trading on Friday, hitting $46.82. The stock had a trading volume of 2,426,632 shares. The company’s 50 day moving average is $41.03 and its 200 day moving average is $35.66. The firm has a market cap of $24.26 billion, a PE ratio of 4.85 and a beta of 0.88. American Airlines Group Inc. has a 52-week low of $24.85 and a 52-week high of $46.95.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings data on Thursday, October 20th. The airline reported $2.80 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $1.23. The company earned $10.60 billion during the quarter, compared to the consensus estimate of $5.43 billion. American Airlines Group had a net margin of 14.16% and a return on equity of 95.17%. American Airlines Group’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.77 earnings per share. Equities research analysts forecast that American Airlines Group Inc. will post $5.47 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 21st. Investors of record on Monday, November 7th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date was Thursday, November 3rd. American Airlines Group’s dividend payout ratio (DPR) is 4.30%.

AAL has been the subject of several research reports. Zacks Investment Research lowered American Airlines Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 12th. Cowen and Company reissued an “outperform” rating and issued a $43.00 target price on shares of American Airlines Group in a research report on Wednesday, August 31st. Vetr raised American Airlines Group from a “buy” rating to a “strong-buy” rating and set a $39.50 target price for the company in a research report on Tuesday, September 27th. Sanford C. Bernstein initiated coverage on American Airlines Group in a research report on Monday, October 10th. They issued an “underperform” rating and a $31.00 target price for the company. Finally, Raymond James Financial Inc. lowered American Airlines Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 21st. Five equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $44.09.

In other news, CMO Andrew P. Nocella sold 171,383 shares of the company’s stock in a transaction on Monday, October 31st. The stock was sold at an average price of $40.65, for a total transaction of $6,966,718.95. Following the transaction, the chief marketing officer now directly owns 307,719 shares of the company’s stock, valued at $12,508,777.35. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Beverly K. Goulet sold 5,000 shares of the company’s stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the transaction, the executive vice president now directly owns 238,604 shares in the company, valued at $11,018,732.72. The disclosure for this sale can be found here. 0.64% of the stock is currently owned by corporate insiders.

About American Airlines Group

American Airlines Group Inc (AAG) is a holding company whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc (American) and its regional subsidiaries, Envoy Aviation Group Inc (Envoy), Piedmont Airlines, Inc (Piedmont) and PSA Airlines, Inc (PSA).

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