BW Gestao de Investimentos Ltda. Purchases 42,500 Shares of American Airlines Group Inc. (NASDAQ:AAL)

BW Gestao de Investimentos Ltda. lifted its position in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 50.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 127,500 shares of the airline's stock after acquiring an additional 42,500 shares during the period. BW Gestao de Investimentos Ltda.'s holdings in American Airlines Group were worth $2,222,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of American Airlines Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 62,985,524 shares of the airline's stock valued at $1,097,838,000 after purchasing an additional 953,766 shares during the last quarter. Primecap Management Co. CA grew its stake in shares of American Airlines Group by 5.0% during the fourth quarter. Primecap Management Co. CA now owns 60,225,707 shares of the airline's stock worth $1,049,734,000 after buying an additional 2,886,041 shares during the last quarter. Northern Trust Corp grew its stake in shares of 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 last quarter. Dimensional Fund Advisors LP lifted its stake in shares of 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 valued at $92,043,000 after acquiring an additional 943,336 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in 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 worth $44,892,000 after acquiring an additional 1,055,667 shares during the last quarter. Institutional investors and hedge funds own 52.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on AAL shares. JPMorgan Chase & Co. cut their price target on American Airlines Group from $30.00 to $26.00 and set an "overweight" rating on the stock in a research note on Monday, March 3rd. Redburn Partners raised shares of American Airlines Group from a "neutral" rating to a "buy" rating and set a $24.00 target price on the stock in a report on Wednesday, February 26th. The Goldman Sachs Group downgraded shares of American Airlines Group from a "neutral" rating to a "sell" rating and dropped their price target for the company from $16.00 to $8.00 in a research note on Tuesday, April 8th. Susquehanna reduced their price objective on shares of American Airlines Group from $18.00 to $10.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. Finally, Citigroup lowered their target price on American Airlines Group from $21.50 to $20.00 and set a "buy" rating for the company in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, American Airlines Group has a consensus rating of "Moderate Buy" and a consensus price target of $16.25.

American Airlines Group Price Performance

Shares of AAL stock traded down $0.21 on Tuesday, reaching $10.45. 59,197,668 shares of the company were exchanged, compared to its average volume of 39,631,619. American Airlines Group Inc. has a one year low of $8.50 and a one year high of $19.10. The company has a market cap of $6.89 billion, a price-to-earnings ratio of 9.17, a PEG ratio of 0.21 and a beta of 1.31. The company has a 50-day moving average of $10.75 and a 200-day moving average of $14.13.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its earnings results on Thursday, April 24th. The airline reported ($0.59) earnings per share for the quarter, topping analysts' consensus estimates of ($0.69) by $0.10. The company had revenue of $12.55 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was down .2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.34) earnings per share. As a group, sell-side analysts predict that American Airlines Group Inc. will post 2.42 EPS for the current year.

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.