Nebula Research & Development LLC Acquires Shares of 82,025 American Airlines Group Inc. (NASDAQ:AAL)

Nebula Research & Development LLC bought a new position in American Airlines Group Inc. (NASDAQ:AAL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 82,025 shares of the airline's stock, valued at approximately $1,430,000.

Several other institutional investors also recently made changes to their positions in AAL. Golden State Wealth Management LLC acquired a new stake in shares of American Airlines Group in the fourth quarter valued at approximately $25,000. Brooklyn Investment Group raised its stake in American Airlines Group by 133.1% during the 4th quarter. Brooklyn Investment Group now owns 1,592 shares of the airline's stock valued at $28,000 after acquiring an additional 909 shares in the last quarter. Bfsg LLC boosted its position in American Airlines Group by 269.3% during the 4th quarter. Bfsg LLC now owns 2,057 shares of the airline's stock worth $36,000 after acquiring an additional 1,500 shares during the period. Bernard Wealth Management Corp. acquired a new position in shares of American Airlines Group during the fourth quarter valued at $42,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in American Airlines Group in the fourth quarter worth about $45,000. 52.44% of the stock is owned by institutional investors.

American Airlines Group Stock Up 1.4 %

Shares of AAL stock traded up $0.14 during trading on Thursday, reaching $10.09. The company's stock had a trading volume of 32,314,035 shares, compared to its average volume of 39,020,979. The company has a market cap of $6.65 billion, a price-to-earnings ratio of 8.84, a price-to-earnings-growth ratio of 0.21 and a beta of 1.17. American Airlines Group Inc. has a one year low of $8.50 and a one year high of $19.10. The business has a fifty day moving average price of $11.12 and a 200-day moving average price of $14.18.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The airline reported ($0.59) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.69) by $0.10. The company had revenue of $12.55 billion for the quarter, compared to analysts' expectations of $12.71 billion. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. The business's revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.34) EPS. Research analysts anticipate that American Airlines Group Inc. will post 2.42 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on AAL shares. 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. Barclays dropped their target price on American Airlines Group from $16.00 to $11.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. StockNews.com lowered American Airlines Group from a "buy" rating to a "hold" rating in a research note on Thursday, March 13th. TD Cowen upped their price objective on American Airlines Group to $13.00 and gave the company an "unchanged" rating in a report on Friday, April 25th. Finally, The Goldman Sachs Group lowered American Airlines Group from a "neutral" rating to a "sell" rating and lowered their target price for the stock from $16.00 to $8.00 in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $16.25.

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.