Sagefield Capital LP Acquires Shares of 130,943 American Airlines Group Inc. (NASDAQ:AAL)

Sagefield Capital LP acquired a new position in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 130,943 shares of the airline's stock, valued at approximately $2,282,000.

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

American Airlines Group Trading Up 1.5%

Shares of AAL traded up $0.17 during midday trading on Thursday, reaching $11.41. The stock had a trading volume of 32,035,467 shares, compared to its average volume of 41,137,317. The company has a market capitalization of $7.52 billion, a price-to-earnings ratio of 10.00, a price-to-earnings-growth ratio of 0.21 and a beta of 1.31. The company's 50-day moving average is $10.52 and its 200 day moving average is $13.99. American Airlines Group Inc. has a 12-month low of $8.50 and a 12-month high of $19.10.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AAL shares. Redburn Partners raised shares of American Airlines Group from a "neutral" rating to a "buy" rating and set a $24.00 target price for the company in a research note on Wednesday, February 26th. UBS Group reduced their price target on shares of American Airlines Group from $13.00 to $9.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. Barclays decreased their price objective on American Airlines Group from $16.00 to $11.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. The Goldman Sachs Group lowered shares of American Airlines Group from a "neutral" rating to a "sell" rating and dropped their price target for the company from $16.00 to $8.00 in a research report on Tuesday, April 8th. Finally, Raymond James decreased their price target on American Airlines Group from $15.00 to $14.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.68.

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.