American Airlines Group, Inc. (NASDAQ:AAL) Receives In-Line Rating from Imperial Capital

Paterniano Del Favero
Agosto 12, 2017

Shares of GGP Inc. (NASDAQ:AAL) by 10.1% during the second quarter, according to its most recent Form 13F filing with the SEC. Two brokerage firms recommended the company shares with a sell recommendation, nine have published a hold recommendation, nine have published a buy recommendation and 1 have issued a strong buy recommendation to The corporation. Summit Securities Group LLC's holdings in American Airlines Group were worth $1,494,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its position in shares of American Airlines Group by 1.4% in the first quarter. First Manhattan Co. now owns 2,380 shares of the airline's stock valued at $119,000 after buying an additional 75 shares during the last quarter. Huntington National Bank raised its position in American Airlines Group by 71.9% in the second quarter. FNY Managed Accounts LLC now owns 2,810 shares of the airline's stock valued at $141,000 after buying an additional 1,672 shares in the last quarter. Thrivent Financial For Lutherans raised its stake in American Airlines Group by 0.6% in the second quarter. The value of the total investment in American Airlines Group, Inc. increased from $7,273,000 to $9,788,000 a change of 34.6% quarter over quarter.

Wall Street analysts are still seeing some upside to American Airlines Group Inc. (NASDAQ:AAL) saw a significant growth in short interest in the month of July.

American Airlines Group (AAL) traded down 0.41% on Friday, reaching $48.35. American Airlines Group has a 12-month low of $33.90 and a 12-month high of $54.48.

It is trading at $48.17 well below $51.03, the stock's 50 day moving average and a tad higher than the 200 day moving average of $46.87. The dividend payment will be $0.100 per share for the quarter which is $0.40 annualized. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The business had revenue of $11.11 billion during the quarter, compared to analyst estimates of $11.08 billion. Analysts expect next quarter's EPS to be $0.98 and the next full year EPS is anticipated to be $5.79. The business's revenue for the quarter was up 7.2% compared to the same quarter past year. On average, equities research analysts predict that American Airlines Group will post $5.12 earnings per share for the current year.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Friday, July 28th. Shareholders of record on Monday, August 14th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thurs, Aug 10th. this indicates a $0.40 annual dividend and a payout of 0.82%. American Airlines Group's dividend payout ratio is now 9.88%.

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A number of research firms recently commented on AAL.

On August 1 the company was upgraded to "Overweight" from "Overweight" in a report issued by JP Morgan. The rating was maintained by Barclays Capital with "Overweight" on Friday, January 22. On July 31 the stock rating was upgraded from " to "Outperform" in a report from Cowen & Co. Sanford C. Bernstein reiterated a "market perform" rating and set a $52.00 target price on shares of American Airlines Group in a research report on Thursday, July 13th. The company has a consensus rating of "Hold" and an average price target of $53.57.

In related news, EVP Elise R. Eberwein sold 33,400 shares of the business's stock in a transaction that occurred on Friday, June 2nd. Shares were disposed in a price range of $50.35, amounting $2,517,500.00. Following the transaction, the executive vice president now directly owns 362,368 shares of the company's stock, valued at approximately $18,024,184.32. The stock of American Airlines Group Inc (NASDAQ:AAL) earned "Strong-Buy" rating by Vetr on Wednesday, September 2. Following the completion of the sale, the executive vice president now directly owns 182,178 shares in the company, valued at approximately $8,606,088.72. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 187,623 shares of company stock worth $9,389,966. Investment House Limited Company owns 16,800 shares for 0.12% of their portfolio. Cibc Asset Mgmt Inc has invested 0.02% in American Airlines Group Inc (NASDAQ:AAL).

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