American Airlines Group Inc. (NASDAQ:AAL) Shares Sold by Oak Thistle LLC

Oak Thistle LLC decreased its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 68.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,778 shares of the airline’s stock after selling 67,250 shares during the period. Oak Thistle LLC’s holdings in American Airlines Group were worth $536,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Blue Trust Inc. lifted its position in shares of American Airlines Group by 56.2% during the 3rd quarter. Blue Trust Inc. now owns 2,533 shares of the airline’s stock valued at $29,000 after acquiring an additional 911 shares during the period. Point72 Hong Kong Ltd purchased a new position in American Airlines Group in the 3rd quarter valued at approximately $55,000. KBC Group NV raised its holdings in American Airlines Group by 55.8% during the third quarter. KBC Group NV now owns 6,152 shares of the airline’s stock worth $69,000 after purchasing an additional 2,204 shares during the last quarter. GAMMA Investing LLC boosted its position in American Airlines Group by 44.3% during the third quarter. GAMMA Investing LLC now owns 9,932 shares of the airline’s stock worth $112,000 after purchasing an additional 3,047 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in American Airlines Group in the third quarter valued at $114,000. 52.44% of the stock is owned by hedge funds and other institutional investors.

American Airlines Group Trading Up 1.2 %

AAL stock opened at $18.29 on Friday. The stock has a 50-day moving average price of $16.24 and a two-hundred day moving average price of $12.94. The company has a market cap of $12.02 billion, a PE ratio of 55.43, a price-to-earnings-growth ratio of 0.21 and a beta of 1.35. American Airlines Group Inc. has a 12-month low of $9.07 and a 12-month high of $18.56.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.14. The firm had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.50 billion. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. The company’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.38 EPS. Equities analysts forecast that American Airlines Group Inc. will post 1.7 EPS for the current fiscal year.

Insider Activity at American Airlines Group

In related news, CEO Robert D. Isom, Jr. sold 102,441 shares of the firm’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $17.21, for a total transaction of $1,763,009.61. Following the sale, the chief executive officer now directly owns 2,967,984 shares in the company, valued at approximately $51,079,004.64. This trade represents a 3.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on AAL shares. Bank of America boosted their price objective on shares of American Airlines Group from $9.00 to $10.00 and gave the stock an “underperform” rating in a research report on Friday, October 25th. StockNews.com upgraded shares of American Airlines Group from a “hold” rating to a “buy” rating in a research report on Monday. Raymond James raised American Airlines Group from a “market perform” rating to an “outperform” rating and set a $24.00 target price on the stock in a research note on Monday, December 30th. JPMorgan Chase & Co. raised their price target on American Airlines Group from $15.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Finally, Barclays upped their price objective on American Airlines Group from $16.00 to $18.00 and gave the company an “equal weight” rating in a research report on Friday, December 6th. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $18.42.

American Airlines Group Company 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.