Trading Report: Today, American Airlines Group Inc. (AAL) Stake Boosted by Dimensional Fund Advisors LP

Today, American Airlines Group Inc. (AAL) Stake Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in American Airlines Group Inc. (NASDAQ:AAL) by 0.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,410,484 shares of the airline’s stock after buying an additional 5,130 shares during the period. Dimensional Fund Advisors LP owned about 0.27% of American Airlines Group worth $39,925,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of AAL. Checchi Capital Advisers LLC increased its stake in American Airlines Group by 0.9% in the second quarter. Checchi Capital Advisers LLC now owns 4,145 shares of the airline’s stock worth $117,000 after buying an additional 37 shares in the last quarter. Pacific Global Investment Management CO increased its stake in American Airlines Group by 1.5% in the first quarter. Pacific Global Investment Management CO now owns 5,001 shares of the airline’s stock worth $205,000 after buying an additional 74 shares in the last quarter. SSI Investment Management Inc. increased its stake in American Airlines Group by 1.7% in the second quarter. SSI Investment Management Inc. now owns 8,371 shares of the airline’s stock worth $237,000 after buying an additional 141 shares in the last quarter. Shell Asset Management Co. increased its stake in American Airlines Group by 5.3% in the second quarter. Shell Asset Management Co. now owns 8,793 shares of the airline’s stock worth $249,000 after buying an additional 440 shares in the last quarter. Finally, Mariner Wealth Advisors LLC increased its stake in American Airlines Group by 14.9% in the first quarter. Mariner Wealth Advisors LLC now owns 6,604 shares of the airline’s stock worth $271,000 after buying an additional 857 shares in the last quarter. 74.63% of the stock is owned by hedge funds and other institutional investors.

American Airlines Group Inc. (NASDAQ:AAL) opened at 38.65 on Monday. The company has a market cap of $20.48 billion, a P/E ratio of 3.65 and a beta of 0.97. American Airlines Group Inc. has a 12 month low of $24.85 and a 12 month high of $47.09. The firm has a 50-day moving average price of $36.94 and a 200 day moving average price of $34.96.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings data on Friday, July 22nd. The airline reported $1.77 EPS for the quarter, beating the consensus estimate of $1.68 by $0.09. American Airlines Group had a return on equity of 107.21% and a net margin of 16.50%. The company had revenue of $10.40 billion for the quarter, compared to analyst estimates of $10.27 billion. During the same period last year, the company earned $2.62 earnings per share. American Airlines Group’s quarterly revenue was down 4.3% compared to the same quarter last year. Equities research analysts predict that American Airlines Group Inc. will post $5.44 EPS for the current year.

A number of research firms have issued reports on AAL. Vetr downgraded American Airlines Group from a “buy” rating to a “hold” rating and set a $40.62 price target for the company. in a research note on Thursday. Zacks Investment Research downgraded American Airlines Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 12th. Stifel Nicolaus cut their price target on American Airlines Group from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, October 12th. Sanford C. Bernstein began coverage on American Airlines Group in a research note on Monday, October 10th. They set an “underperform” rating and a $31.00 price objective for the company. Finally, Raymond James Financial Inc. downgraded American Airlines Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, September 21st. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. American Airlines Group presently has an average rating of “Hold” and a consensus price target of $42.07.

In other news, EVP Beverly K. Goulet sold 20,000 shares of American Airlines Group stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of $37.50, for a total value of $750,000.00. Following the sale, the executive vice president now directly owns 268,604 shares of the company’s stock, valued at $10,072,650. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maya Leibman sold 10,000 shares of American Airlines Group stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of $36.34, for a total value of $363,400.00. Following the completion of the sale, the executive vice president now directly owns 196,907 shares in the company, valued at $7,155,600.38. The disclosure for this sale can be found here. 0.64% of the stock is owned by company insiders.

American Airlines Group Company Profile

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