Captrust Financial Advisors Purchases 21,539 Shares of American Airlines Group Inc. (NASDAQ:AAL)

Captrust Financial Advisors boosted its stake in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 49.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,861 shares of the airline's stock after acquiring an additional 21,539 shares during the period. Captrust Financial Advisors' holdings in American Airlines Group were worth $1,131,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Golden State Wealth Management LLC bought a new position in shares of American Airlines Group during the 4th quarter worth approximately $25,000. Brooklyn Investment Group boosted its holdings in shares of American Airlines Group by 133.1% during the 4th quarter. Brooklyn Investment Group now owns 1,592 shares of the airline's stock worth $28,000 after buying an additional 909 shares in the last quarter. Bfsg LLC boosted its holdings in shares of American Airlines Group by 269.3% during the 4th quarter. Bfsg LLC now owns 2,057 shares of the airline's stock worth $36,000 after buying an additional 1,500 shares in the last quarter. Bernard Wealth Management Corp. bought a new position in shares of American Airlines Group during the 4th quarter worth approximately $42,000. Finally, Harvest Fund Management Co. Ltd bought a new position in shares of American Airlines Group during the 4th quarter worth approximately $45,000. 52.44% of the stock is currently owned by institutional investors.

American Airlines Group Price Performance

Shares of American Airlines Group stock traded up $0.10 during trading hours on Friday, hitting $11.86. 46,743,512 shares of the company's stock traded hands, compared to its average volume of 40,944,341. American Airlines Group Inc. has a 12-month low of $8.50 and a 12-month high of $19.10. The stock has a market capitalization of $7.82 billion, a price-to-earnings ratio of 10.40, a PEG ratio of 0.21 and a beta of 1.31. The company has a fifty day simple moving average of $10.47 and a 200-day simple moving average of $14.03.

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Raymond James cut their price target on American Airlines Group from $15.00 to $14.00 and set an "outperform" rating on the stock in a report on Friday, April 25th. Sanford C. Bernstein increased their target price on American Airlines Group from $12.00 to $15.00 and gave the stock an "outperform" rating in a report on Tuesday. JPMorgan Chase & Co. cut their target price on American Airlines Group from $30.00 to $26.00 and set an "overweight" rating on the stock in a report on Monday, March 3rd. UBS Group cut their target price on American Airlines Group from $13.00 to $9.00 and set a "neutral" rating on the stock in a report on Monday, April 7th. Finally, StockNews.com cut American Airlines Group from a "buy" rating to a "hold" rating in a report on Thursday, March 13th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, American Airlines Group presently has an average rating of "Moderate Buy" and a consensus target price of $15.68.

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.