American Airlines Group Inc. (NASDAQ:AAL) Shares Sold by Centiva Capital LP

Centiva Capital LP decreased its position in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 79.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,423 shares of the airline's stock after selling 118,881 shares during the period. Centiva Capital LP's holdings in American Airlines Group were worth $530,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in AAL. Golden State Wealth Management LLC bought a new stake in shares of American Airlines Group in the fourth quarter valued at approximately $25,000. Brooklyn Investment Group raised its holdings in American Airlines Group by 133.1% during the 4th quarter. Brooklyn Investment Group now owns 1,592 shares of the airline's stock valued at $28,000 after acquiring an additional 909 shares during the period. Bfsg LLC lifted its position in shares of American Airlines Group by 269.3% during the fourth quarter. Bfsg LLC now owns 2,057 shares of the airline's stock worth $36,000 after acquiring an additional 1,500 shares in the last quarter. Bernard Wealth Management Corp. bought a new position in shares of American Airlines Group in the fourth quarter worth $42,000. Finally, Harvest Fund Management Co. Ltd purchased a new position in shares of American Airlines Group in the fourth quarter valued at $45,000. 52.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Redburn Atlantic upgraded American Airlines Group from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $18.00 to $24.00 in a research report on Wednesday, February 26th. JPMorgan Chase & Co. dropped their price objective on shares of American Airlines Group from $30.00 to $26.00 and set an "overweight" rating for the company in a report on Monday, March 3rd. The Goldman Sachs Group lowered shares of American Airlines Group from a "neutral" rating to a "sell" rating and cut their target price for the stock from $16.00 to $8.00 in a research report on Tuesday, April 8th. Redburn Partners raised American Airlines Group from a "neutral" rating to a "buy" rating and set a $24.00 price target for the company in a research note on Wednesday, February 26th. Finally, Jefferies Financial Group reiterated a "hold" rating and set a $12.00 price objective (down from $20.00) on shares of American Airlines Group in a research report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $15.68.

American Airlines Group Trading Down 0.2%

American Airlines Group stock traded down $0.03 during mid-day trading on Thursday, hitting $11.82. The company's stock had a trading volume of 31,438,807 shares, compared to its average volume of 54,007,254. The firm has a market capitalization of $7.79 billion, a PE ratio of 10.37, a price-to-earnings-growth ratio of 0.21 and a beta of 1.31. The stock's fifty day moving average is $10.48 and its two-hundred day moving average is $14.06. American Airlines Group Inc. has a 1 year low of $8.50 and a 1 year high of $19.10.

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, beating the consensus estimate of ($0.69) by $0.10. American Airlines Group had a net margin of 1.56% and a negative return on equity of 28.56%. The firm had revenue of $12.55 billion for the quarter, compared to analysts' expectations of $12.71 billion. During the same quarter last year, the company earned ($0.34) earnings per share. The firm's revenue was down .2% compared to the same quarter last year. On average, equities analysts expect that American Airlines Group Inc. will post 2.42 EPS for the current fiscal year.

American Airlines Group 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.