American Airlines Group Inc. (NASDAQ:AAL) Shares Acquired by AQR Capital Management LLC

AQR Capital Management LLC increased its stake in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 30.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 790,497 shares of the airline's stock after purchasing an additional 183,108 shares during the period. AQR Capital Management LLC owned 0.12% of American Airlines Group worth $13,778,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AAL. Vanguard Group Inc. raised its holdings in American Airlines Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 62,985,524 shares of the airline's stock valued at $1,097,838,000 after acquiring an additional 953,766 shares during the last quarter. Primecap Management Co. CA increased its stake in American Airlines Group by 5.0% in the fourth quarter. Primecap Management Co. CA now owns 60,225,707 shares of the airline's stock valued at $1,049,734,000 after purchasing an additional 2,886,041 shares during the last quarter. Northern Trust Corp lifted its position in American Airlines Group by 22.0% during the fourth quarter. Northern Trust Corp now owns 5,437,904 shares of the airline's stock worth $94,783,000 after buying an additional 980,409 shares during the period. Dimensional Fund Advisors LP boosted its stake in American Airlines Group by 21.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,280,289 shares of the airline's stock worth $92,043,000 after buying an additional 943,336 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of American Airlines Group by 69.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,575,571 shares of the airline's stock valued at $44,892,000 after acquiring an additional 1,055,667 shares during the last quarter. Hedge funds and other institutional investors own 52.44% of the company's stock.

American Airlines Group Stock Performance

American Airlines Group stock opened at $10.66 on Tuesday. American Airlines Group Inc. has a 1 year low of $8.50 and a 1 year high of $19.10. The firm's 50-day moving average is $10.83 and its 200-day moving average is $14.15. The company has a market cap of $7.03 billion, a P/E ratio of 9.35, a PEG ratio of 0.21 and a beta of 1.31.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its earnings results on Thursday, April 24th. The airline reported ($0.59) EPS for the quarter, beating analysts' consensus estimates of ($0.69) by $0.10. The company had revenue of $12.55 billion during the quarter, compared to the consensus estimate of $12.71 billion. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. American Airlines Group's quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.34) earnings per share. As a group, sell-side analysts predict that American Airlines Group Inc. will post 2.42 earnings per share for the current year.

Wall Street Analyst Weigh In

AAL has been the topic of a number of research analyst reports. StockNews.com lowered shares of American Airlines Group from a "buy" rating to a "hold" rating in a report on Thursday, March 13th. Bank of America cut their price objective on American Airlines Group from $16.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Redburn Partners raised American Airlines Group from a "neutral" rating to a "buy" rating and set a $24.00 target price for the company in a research report on Wednesday, February 26th. Barclays reduced their price target on American Airlines Group from $16.00 to $11.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Finally, TD Cowen upped their price target on American Airlines Group to $13.00 and gave the stock an "unchanged" rating in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, American Airlines Group currently has a consensus rating of "Moderate Buy" and an average price target of $16.25.

About American Airlines Group

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.

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