American Airlines Group Inc. (NASDAQ:AAL) is U S Global Investors Inc.'s 3rd Largest Position

U S Global Investors Inc. boosted its stake in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 18.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,675,358 shares of the airline's stock after buying an additional 2,001,247 shares during the period. American Airlines Group accounts for approximately 11.7% of U S Global Investors Inc.'s investment portfolio, making the stock its 3rd largest holding. U S Global Investors Inc. owned 1.94% of American Airlines Group worth $174,159,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of American Airlines Group by 0.9% during the third quarter. Vanguard Group Inc. now owns 78,888,859 shares of the airline's stock valued at $1,010,566,000 after purchasing an additional 667,660 shares during the period. Geode Capital Management LLC grew its holdings in American Airlines Group by 2.4% during the first quarter. Geode Capital Management LLC now owns 14,197,531 shares of the airline's stock worth $209,161,000 after acquiring an additional 331,613 shares during the period. Invesco Ltd. grew its holdings in American Airlines Group by 28.3% during the third quarter. Invesco Ltd. now owns 12,119,358 shares of the airline's stock worth $155,249,000 after acquiring an additional 2,672,793 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in American Airlines Group by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,140,602 shares of the airline's stock worth $65,388,000 after acquiring an additional 145,382 shares during the period. Finally, Northern Trust Corp grew its holdings in American Airlines Group by 2.1% during the third quarter. Northern Trust Corp now owns 4,748,260 shares of the airline's stock worth $60,825,000 after acquiring an additional 98,130 shares during the period. 52.44% of the stock is owned by institutional investors and hedge funds.

American Airlines Group Stock Performance

Shares of American Airlines Group stock traded down $0.33 during trading on Thursday, hitting $13.83. 47,450,032 shares of the stock traded hands, compared to its average volume of 34,297,656. The stock has a market cap of $9.06 billion, a P/E ratio of 12.57, a PEG ratio of 0.11 and a beta of 1.57. American Airlines Group Inc. has a twelve month low of $10.86 and a twelve month high of $19.08. The company has a fifty day moving average price of $14.76 and a two-hundred day moving average price of $13.52.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its quarterly earnings data on Thursday, January 25th. The airline reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.18. American Airlines Group had a negative return on equity of 36.28% and a net margin of 1.56%. The business had revenue of $13.06 billion for the quarter, compared to the consensus estimate of $13.01 billion. During the same period last year, the business earned $1.17 EPS. The firm's revenue was down 1.0% compared to the same quarter last year. On average, equities research analysts expect that American Airlines Group Inc. will post 2.56 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Citigroup reaffirmed a "buy" rating and set a $20.00 target price on shares of American Airlines Group in a report on Thursday, March 14th. Sanford C. Bernstein increased their price target on American Airlines Group from $20.00 to $21.00 and gave the company an "outperform" rating in a research report on Tuesday, March 5th. Morgan Stanley reiterated an "overweight" rating and issued a $20.00 price target on shares of American Airlines Group in a research report on Tuesday, March 5th. JPMorgan Chase & Co. increased their price target on American Airlines Group from $19.00 to $22.00 and gave the company an "overweight" rating in a research report on Friday, January 26th. Finally, Jefferies Financial Group upgraded American Airlines Group from a "hold" rating to a "buy" rating and set a $18.00 price target for the company in a research report on Thursday, January 11th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, American Airlines Group presently has a consensus rating of "Hold" and an average target price of $17.53.

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.