Teza Capital Management LLC Sells 101,031 Shares of American Airlines Group Inc. (NASDAQ:AAL)

Teza Capital Management LLC trimmed its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 90.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,739 shares of the airline's stock after selling 101,031 shares during the period. Teza Capital Management LLC's holdings in American Airlines Group were worth $187,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Sagefield Capital LP bought a new position in shares of American Airlines Group during the 4th quarter valued at $2,282,000. Shay Capital LLC bought a new position in shares of American Airlines Group during the 4th quarter valued at $436,000. Sherbrooke Park Advisers LLC bought a new position in shares of American Airlines Group during the 4th quarter valued at $242,000. Raiffeisen Bank International AG bought a new position in shares of American Airlines Group during the 4th quarter valued at $162,000. Finally, Point72 Hong Kong Ltd lifted its holdings in shares of American Airlines Group by 308.9% during the 4th quarter. Point72 Hong Kong Ltd now owns 19,948 shares of the airline's stock valued at $348,000 after buying an additional 15,069 shares during the period. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

American Airlines Group Stock Up 4.7%

AAL traded up $0.53 on Tuesday, hitting $11.72. The company had a trading volume of 19,107,718 shares, compared to its average volume of 53,545,371. The company has a market cap of $7.73 billion, a PE ratio of 10.28, a PEG ratio of 0.21 and a beta of 1.31. American Airlines Group Inc. has a 12-month low of $8.50 and a 12-month high of $19.10. The business's fifty day simple moving average is $10.52 and its 200 day simple moving average is $13.95.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The airline reported ($0.59) EPS for the quarter, topping 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 company had revenue of $12.55 billion during the quarter, compared to analyst estimates of $12.71 billion. During the same quarter last year, the business posted ($0.34) earnings per share. The firm's revenue was down .2% on a year-over-year basis. On average, analysts anticipate that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AAL. Redburn Partners raised American Airlines Group from a "neutral" rating to a "buy" rating and set a $24.00 price target on the stock in a report on Wednesday, February 26th. Barclays decreased their target price on American Airlines Group from $16.00 to $11.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Redburn Atlantic raised American Airlines Group from a "neutral" rating to a "buy" rating and raised their target price for the stock from $18.00 to $24.00 in a report on Wednesday, February 26th. Citigroup decreased their target price on American Airlines Group from $21.50 to $20.00 and set a "buy" rating on the stock in a report on Tuesday, March 18th. Finally, JPMorgan Chase & Co. decreased 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. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, American Airlines Group presently has an average rating of "Moderate Buy" and a consensus price target of $15.68.

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.