Teza Capital Management LLC Trims Holdings in American Airlines Group Inc. (NASDAQ:AAL)

Teza Capital Management LLC cut its holdings in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 90.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & 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 reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. grew its holdings in American Airlines Group by 4.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 14,751 shares of the airline's stock valued at $257,000 after purchasing an additional 635 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in American Airlines Group by 0.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 133,774 shares of the airline's stock worth $2,332,000 after acquiring an additional 774 shares in the last quarter. M&T Bank Corp grew its stake in American Airlines Group by 2.4% in the 4th quarter. M&T Bank Corp now owns 34,525 shares of the airline's stock worth $602,000 after acquiring an additional 794 shares in the last quarter. CIBC Asset Management Inc lifted its position in shares of American Airlines Group by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 19,987 shares of the airline's stock worth $348,000 after purchasing an additional 981 shares during the period. Finally, Quent Capital LLC lifted its position in shares of American Airlines Group by 70.2% in the 4th quarter. Quent Capital LLC now owns 3,064 shares of the airline's stock worth $53,000 after purchasing an additional 1,264 shares during the period. 52.44% of the stock is currently owned by institutional investors.

American Airlines Group Price Performance

AAL traded down $0.21 on Friday, reaching $11.19. 46,732,529 shares of the company's stock were exchanged, compared to its average volume of 41,451,872. The stock has a market cap of $7.38 billion, a PE ratio of 9.82, a P/E/G ratio of 0.21 and a beta of 1.31. American Airlines Group Inc. has a twelve month low of $8.50 and a twelve month high of $19.10. The stock's fifty day moving average price is $10.52 and its 200-day moving average price is $13.96.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its quarterly 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. 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 analyst estimates of $12.71 billion. During the same period in the previous year, the business posted ($0.34) earnings per share. American Airlines Group's quarterly revenue was down .2% on a year-over-year basis. As a group, research analysts predict that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Barclays decreased their target price on shares of American Airlines Group from $16.00 to $11.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Bank of America decreased their price target on shares of American Airlines Group from $16.00 to $12.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. The Goldman Sachs Group cut shares of American Airlines Group from a "neutral" rating to a "sell" rating and reduced their target price for the stock from $16.00 to $8.00 in a report on Tuesday, April 8th. Redburn Atlantic upgraded shares of American Airlines Group from a "neutral" rating to a "buy" rating and raised their price target for the company from $18.00 to $24.00 in a research report on Wednesday, February 26th. Finally, Redburn Partners upgraded shares of American Airlines Group from a "neutral" rating to a "buy" rating and set a $24.00 price target on the stock in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.