Sanford C. Bernstein reiterated their hold rating on shares of American Airlines Group, Inc. (NASDAQ:AAL) in a report released on Monday morning.

Several other equities research analysts also recently weighed in on the company. Morgan Stanley reaffirmed an equal weight rating and set a $54.00 price target (up from $53.00) on shares of American Airlines Group in a report on Monday, July 17th. Citigroup Inc. increased their price target on American Airlines Group from $58.00 to $67.00 and gave the stock a buy rating in a report on Thursday, July 13th. BidaskClub raised American Airlines Group from a buy rating to a strong-buy rating in a report on Saturday, July 8th. Imperial Capital reaffirmed an in-line rating and set a $49.00 price target (up from $43.00) on shares of American Airlines Group in a report on Sunday, July 23rd. Finally, Cowen and Company raised American Airlines Group from a market perform rating to an outperform rating and increased their price target for the stock from $55.00 to $57.00 in a report on Monday, July 31st. Two analysts have rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. American Airlines Group has a consensus rating of Hold and a consensus price target of $53.57.

American Airlines Group (AAL) traded down 0.24% during trading on Monday, hitting $50.46. 1,883,430 shares of the company traded hands. The firm has a market cap of $24.57 billion, a price-to-earnings ratio of 12.53 and a beta of 0.96. The company’s 50-day moving average is $50.82 and its 200 day moving average is $46.72. American Airlines Group has a 52-week low of $33.68 and a 52-week high of $54.48. American Airlines Group also was the target of unusually large options trading activity on Monday. Investors purchased 1,841 put options on the company. This represents an increase of 221% compared to the typical daily volume of 574 put options.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Friday, July 28th. The airline reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.05. The business had revenue of $11.11 billion for the quarter, compared to analyst estimates of $11.08 billion. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the firm posted $1.77 earnings per share. On average, equities analysts anticipate that American Airlines Group will post $5.13 earnings per share for the current year.

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The company also recently declared a quarterly dividend, which will be paid on Monday, August 28th. Stockholders of record on Monday, August 14th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, August 10th. American Airlines Group’s dividend payout ratio (DPR) is presently 9.88%.

In other news, VP Derek J. Kerr sold 104,223 shares of American Airlines Group stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $50.00, for a total transaction of $5,211,150.00. Following the completion of the transaction, the vice president now owns 591,195 shares of the company’s stock, valued at approximately $29,559,750. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Elise R. Eberwein sold 50,000 shares of American Airlines Group stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $50.35, for a total value of $2,517,500.00. Following the transaction, the executive vice president now directly owns 312,368 shares of the company’s stock, valued at approximately $15,727,728.80. The disclosure for this sale can be found here. Insiders have sold a total of 211,480 shares of company stock valued at $10,516,971 in the last ninety days. Corporate insiders own 0.69% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AAL. MCF Advisors LLC bought a new stake in American Airlines Group during the second quarter worth approximately $106,000. D. Scott Neal Inc. bought a new stake in American Airlines Group during the second quarter worth approximately $120,000. First Manhattan Co. boosted its stake in American Airlines Group by 3.3% in the second quarter. First Manhattan Co. now owns 2,380 shares of the airline’s stock worth $119,000 after buying an additional 75 shares in the last quarter. Huntington National Bank boosted its stake in American Airlines Group by 71.9% in the second quarter. Huntington National Bank now owns 2,629 shares of the airline’s stock worth $132,000 after buying an additional 1,100 shares in the last quarter. Finally, Global X Management Co. LLC boosted its stake in American Airlines Group by 26.7% in the first quarter. Global X Management Co. LLC now owns 3,528 shares of the airline’s stock worth $149,000 after buying an additional 743 shares in the last quarter. 81.51% of the stock is owned by institutional investors and hedge funds.

About American Airlines Group

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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