Gotham Asset Management LLC Sells 23,418 Shares of American Airlines Group Inc. (NASDAQ:AAL)

Gotham Asset Management LLC cut its position in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 19.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,088 shares of the airline's stock after selling 23,418 shares during the quarter. Gotham Asset Management LLC's holdings in American Airlines Group were worth $1,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of American Airlines Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 62,985,524 shares of the airline's stock valued at $1,097,838,000 after purchasing an additional 953,766 shares in the last quarter. Primecap Management Co. CA lifted its stake in American Airlines Group by 5.0% in the fourth quarter. Primecap Management Co. CA now owns 60,225,707 shares of the airline's stock worth $1,049,734,000 after purchasing an additional 2,886,041 shares during the last quarter. Northern Trust Corp lifted its stake in American Airlines Group by 22.0% in the fourth quarter. Northern Trust Corp now owns 5,437,904 shares of the airline's stock worth $94,783,000 after purchasing an additional 980,409 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in American Airlines Group by 21.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,280,289 shares of the airline's stock valued at $92,043,000 after buying an additional 943,336 shares during the period. Finally, Principal Financial Group Inc. boosted its position in American Airlines Group by 69.5% during the fourth quarter. Principal Financial Group Inc. now owns 2,575,571 shares of the airline's stock valued at $44,892,000 after buying an additional 1,055,667 shares during the period. 52.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Jefferies Financial Group reiterated a "hold" rating and issued a $12.00 price objective (down previously from $20.00) on shares of American Airlines Group in a report on Tuesday, April 1st. Sanford C. Bernstein raised their price target on American Airlines Group from $12.00 to $15.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 13th. Citigroup lowered their price objective on American Airlines Group from $21.50 to $20.00 and set a "buy" rating for the company in a research report on Tuesday, March 18th. Raymond James dropped their price objective on American Airlines Group from $15.00 to $14.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. Finally, TD Cowen lifted their target price on shares of American Airlines Group to $13.00 and gave the stock an "unchanged" rating in a research note on Friday, April 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, American Airlines Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.68.

American Airlines Group Stock Down 0.0%

Shares of AAL traded down $0.01 during trading hours on Thursday, reaching $11.24. 18,512,273 shares of the company traded hands, compared to its average volume of 53,625,164. American Airlines Group Inc. has a 12 month low of $8.50 and a 12 month high of $19.10. The company's fifty day moving average price is $10.52 and its two-hundred day moving average price is $13.99. The company has a market capitalization of $7.41 billion, a price-to-earnings ratio of 9.86, a price-to-earnings-growth ratio of 0.21 and a beta of 1.31.

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