LATAM Airlines Group SA (NYSE:LFL) saw unusually-high trading volume on Thursday . Approximately 465,118 shares changed hands during trading, a decline of 14% from the previous session’s volume of 542,981 shares.The stock last traded at $6.54 and had previously closed at $6.53.

LFL has been the subject of a number of research analyst reports. Goldman Sachs Group Inc. downgraded shares of LATAM Airlines Group SA from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $6.70 to $5.80 in a report on Tuesday, June 14th. Evercore ISI downgraded shares of LATAM Airlines Group SA from a “buy” rating to a “hold” rating in a research note on Tuesday, March 22nd. Finally, Zacks Investment Research downgraded shares of LATAM Airlines Group SA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 16th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $6.55.

The stock’s market capitalization is $3.58 billion. The company’s 50-day moving average price is $6.33 and its 200-day moving average price is $6.16.

A hedge fund recently raised its stake in LATAM Airlines Group SA stock. Dimensional Fund Advisors LP raised its stake in shares of LATAM Airlines Group SA (NYSE:LFL) by 5.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,840,359 shares of the company’s stock after buying an additional 235,626 shares during the period. Dimensional Fund Advisors LP owned approximately 0.89% of LATAM Airlines Group SA worth $26,083,000 as of its most recent filing with the SEC.

LATAM Airlines Group SA (LATAM) is a Chile-based airline holding company. The Company is primarily involved in the transportation of passengers and cargo, and operates as a business enterprise with two brands: LAN and TAM. LATAM operates through two segments: the air transportation business, and the coalition and loyalty program Multiplus.

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