American Airlines Group Inc. (NASDAQ:AAL) Shares Purchased by ORG Partners LLC

ORG Partners LLC boosted its stake in American Airlines Group Inc. (NASDAQ:AAL) by 159.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,395 shares of the airline’s stock after buying an additional 2,701 shares during the period. ORG Partners LLC’s holdings in American Airlines Group were worth $60,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in American Airlines Group by 0.9% during the third quarter. Vanguard Group Inc. now owns 78,888,859 shares of the airline’s stock worth $1,010,566,000 after acquiring an additional 667,660 shares during the period. Geode Capital Management LLC grew its holdings in American Airlines Group by 2.4% during the first quarter. Geode Capital Management LLC now owns 14,197,531 shares of the airline’s stock worth $209,161,000 after acquiring an additional 331,613 shares during the period. U S Global Investors Inc. grew its holdings in American Airlines Group by 18.7% during the fourth quarter. U S Global Investors Inc. now owns 12,675,358 shares of the airline’s stock worth $174,159,000 after acquiring an additional 2,001,247 shares during the period. Invesco Ltd. grew its holdings in American Airlines Group by 28.3% during the third quarter. Invesco Ltd. now owns 12,119,358 shares of the airline’s stock worth $155,249,000 after acquiring an additional 2,672,793 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in American Airlines Group by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,140,602 shares of the airline’s stock worth $65,388,000 after acquiring an additional 145,382 shares during the period. 52.44% of the stock is owned by institutional investors and hedge funds.

American Airlines Group Price Performance

Shares of American Airlines Group stock opened at $12.94 on Tuesday. The firm has a market cap of $8.47 billion, a price-to-earnings ratio of 11.76, a P/E/G ratio of 0.11 and a beta of 1.57. American Airlines Group Inc. has a 52-week low of $10.86 and a 52-week high of $19.08. The stock has a 50-day simple moving average of $14.62 and a 200-day simple moving average of $13.56.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results on Thursday, January 25th. The airline reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.18. The business had revenue of $13.06 billion during the quarter, compared to analyst estimates of $13.01 billion. American Airlines Group had a negative return on equity of 36.28% and a net margin of 1.56%. The firm’s revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.17 EPS. As a group, equities research analysts predict that American Airlines Group Inc. will post 2.53 earnings per share for the current year.

Analyst Ratings Changes

AAL has been the topic of a number of research analyst reports. Barclays lifted their target price on American Airlines Group from $13.00 to $14.00 and gave the stock an “underweight” rating in a report on Friday, January 26th. TD Cowen upgraded American Airlines Group from a “market perform” rating to an “outperform” rating and increased their price target for the company from $14.00 to $21.00 in a research report on Friday, January 26th. Wolfe Research upgraded 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. Morgan Stanley reiterated an “overweight” rating and issued a $20.00 price target on shares of American Airlines Group in a research report on Tuesday, March 5th. Finally, UBS Group started coverage on American Airlines Group in a research report on Wednesday, March 20th. They issued a “buy” rating and a $19.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $17.53.

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.