UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 59,120 Shares of American Airlines Group Inc. (NASDAQ:AAL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 9.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 704,902 shares of the airline's stock after acquiring an additional 59,120 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.11% of American Airlines Group worth $12,286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Avantax Advisory Services Inc. raised its position in shares of American Airlines Group by 4.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 14,751 shares of the airline's stock worth $257,000 after buying an additional 635 shares in the last quarter. Oregon Public Employees Retirement Fund increased 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 during the last quarter. M&T Bank Corp raised its holdings in shares of American Airlines Group by 2.4% in the 4th quarter. M&T Bank Corp now owns 34,525 shares of the airline's stock valued at $602,000 after acquiring an additional 794 shares in the last quarter. CIBC Asset Management Inc boosted its position in shares of American Airlines Group by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 19,987 shares of the airline's stock valued at $348,000 after acquiring an additional 981 shares during the last quarter. Finally, Vident Advisory LLC grew its holdings in shares of American Airlines Group by 4.1% during the fourth quarter. Vident Advisory LLC now owns 31,411 shares of the airline's stock worth $547,000 after purchasing an additional 1,235 shares in the last quarter. Hedge funds and other institutional investors own 52.44% of the company's stock.

Analyst Ratings Changes

AAL has been the topic of a number of recent analyst reports. Sanford C. Bernstein raised their target price on shares of American Airlines Group from $12.00 to $15.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. UBS Group lowered their price objective on shares of American Airlines Group from $13.00 to $9.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. 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. Jefferies Financial Group restated a "hold" rating and set a $12.00 price target (down previously from $20.00) on shares of American Airlines Group in a research report on Tuesday, April 1st. Finally, Citigroup dropped their price target on American Airlines Group from $21.50 to $20.00 and set a "buy" rating for the company in a research note on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, American Airlines Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.68.

American Airlines Group Trading Up 0.8%

American Airlines Group stock traded up $0.09 during trading hours on Tuesday, hitting $11.47. 46,013,092 shares of the stock traded hands, compared to its average volume of 41,241,621. American Airlines Group Inc. has a one year low of $8.50 and a one year high of $19.10. The firm's 50-day moving average price is $10.52 and its two-hundred day moving average price is $13.84. The company has a market cap of $7.56 billion, a PE ratio of 10.06, a PEG ratio of 0.21 and a beta of 1.31.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its quarterly 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. The company had revenue of $12.55 billion for the quarter, compared to analyst estimates of $12.71 billion. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. The firm's revenue was down .2% on a year-over-year basis. During the same period in the previous year, the company posted ($0.34) earnings per share. On average, sell-side analysts expect that American Airlines Group Inc. will post 2.42 earnings per share 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.