American Airlines Group Inc. (NASDAQ:AAL) Stock Position Raised by GAMMA Investing LLC

GAMMA Investing LLC raised its position in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 1,184.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 133,985 shares of the airline's stock after purchasing an additional 123,555 shares during the period. GAMMA Investing LLC's holdings in American Airlines Group were worth $1,414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. 111 Capital acquired a new position in American Airlines Group during the 4th quarter valued at about $1,037,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of American Airlines Group by 11.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 51,470 shares of the airline's stock worth $897,000 after acquiring an additional 5,152 shares during the period. Bernard Wealth Management Corp. acquired a new stake in shares of American Airlines Group in the 4th quarter worth approximately $42,000. Heck Capital Advisors LLC acquired a new stake in shares of American Airlines Group in the 4th quarter worth approximately $98,000. Finally, Polar Asset Management Partners Inc. acquired a new stake in shares of American Airlines Group in the 4th quarter worth approximately $8,009,000. 52.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. TD Cowen upped their price target on shares of American Airlines Group to $13.00 and gave the stock an "unchanged" rating in a research note on Friday, April 25th. Redburn Atlantic raised shares of American Airlines Group from a "neutral" rating to a "buy" rating and upped their price target for the stock from $18.00 to $24.00 in a research note on Wednesday, February 26th. Wall Street Zen lowered shares of American Airlines Group from a "buy" rating to a "hold" rating in a research note on Thursday, March 13th. The Goldman Sachs Group lowered shares of American Airlines Group from a "neutral" rating to a "sell" rating and reduced their price target for the stock from $16.00 to $8.00 in a research note on Tuesday, April 8th. Finally, Susquehanna cut their target price on shares of American Airlines Group from $18.00 to $10.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. One equities 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 company. According to MarketBeat, American Airlines Group presently has an average rating of "Moderate Buy" and an average target price of $15.68.

American Airlines Group Stock Performance

American Airlines Group stock opened at $10.37 on Friday. The firm has a market cap of $6.84 billion, a PE ratio of 9.10, a P/E/G ratio of 0.21 and a beta of 1.39. The firm's 50 day moving average price is $10.73 and its two-hundred day moving average price is $13.66. American Airlines Group Inc. has a twelve month low of $8.50 and a twelve month high of $19.10.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $12.55 billion for the quarter, compared to analyst estimates of $12.71 billion. American Airlines Group had a net margin of 1.56% and a negative return on equity of 28.56%. The company's revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.34) EPS. Equities analysts anticipate that American Airlines Group Inc. will post 2.42 EPS for the current fiscal 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.

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