Nisa Investment Advisors LLC Sells 18,655 Shares of American Airlines Group Inc. (NASDAQ:AAL)

Nisa Investment Advisors LLC lowered its stake in American Airlines Group Inc. (NASDAQ:AAL) by 36.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,323 shares of the airline’s stock after selling 18,655 shares during the period. Nisa Investment Advisors LLC’s holdings in American Airlines Group were worth $444,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Prime Capital Investment Advisors LLC boosted its holdings in American Airlines Group by 10.4% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 97,465 shares of the airline’s stock valued at $1,339,000 after acquiring an additional 9,206 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of American Airlines Group by 1,291.7% during the 4th quarter. International Assets Investment Management LLC now owns 215,372 shares of the airline’s stock valued at $29,590,000 after buying an additional 199,897 shares in the last quarter. Advisory Alpha LLC boosted its holdings in shares of American Airlines Group by 25.2% during the 4th quarter. Advisory Alpha LLC now owns 13,445 shares of the airline’s stock valued at $185,000 after buying an additional 2,706 shares in the last quarter. U S Global Investors Inc. boosted its holdings in shares of American Airlines Group by 18.7% during the 4th quarter. U S Global Investors Inc. now owns 12,675,358 shares of the airline’s stock valued at $174,159,000 after buying an additional 2,001,247 shares in the last quarter. Finally, Integrated Investment Consultants LLC bought a new stake in shares of American Airlines Group during the 4th quarter valued at $803,000. Institutional investors own 52.44% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on AAL. Seaport Res Ptn upgraded shares of American Airlines Group from a “neutral” rating to a “buy” rating in a report on Friday, January 26th. Citigroup restated a “buy” rating and set a $20.00 target price on shares of American Airlines Group in a report on Thursday, March 14th. Barclays boosted their target price on shares of American Airlines Group from $13.00 to $14.00 and gave the company an “underweight” rating in a report on Friday, January 26th. Evercore ISI restated a “hold” rating and set a $17.00 target price on shares of American Airlines Group in a report on Monday, January 29th. Finally, Wolfe Research raised American Airlines Group from a “peer perform” rating to an “outperform” rating and set a $17.00 price target for the company in a research report on Monday, January 22nd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, American Airlines Group presently has a consensus rating of “Hold” and an average price target of $17.53.

American Airlines Group Stock Performance

Shares of NASDAQ:AAL opened at $13.89 on Thursday. American Airlines Group Inc. has a fifty-two week low of $10.86 and a fifty-two week high of $19.08. The business has a 50-day simple moving average of $14.56 and a two-hundred day simple moving average of $13.56. The firm has a market cap of $9.09 billion, a price-to-earnings ratio of 12.63, a price-to-earnings-growth ratio of 0.11 and a beta of 1.57.

American Airlines Group (NASDAQ:AAL) last issued its earnings results on Thursday, January 25th. The airline reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.18. American Airlines Group had a negative return on equity of 36.28% and a net margin of 1.56%. The business had revenue of $13.06 billion during the quarter, compared to analyst estimates of $13.01 billion. During the same quarter in the previous year, the firm earned $1.17 EPS. American Airlines Group’s revenue was down 1.0% on a year-over-year basis. As a group, research analysts predict that American Airlines Group Inc. will post 2.45 earnings per share for the current 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.