Stifel Nicolaus restated their buy rating on shares of American Airlines Group, Inc. (NASDAQ:AAL) in a research note published on Tuesday morning. They currently have a $95.00 price target on the airline’s stock.

A number of other research firms have also recently commented on AAL. Morgan Stanley reissued an equal weight rating and issued a $54.00 target price (up previously from $53.00) on shares of American Airlines Group in a research note on Monday, July 17th. Citigroup Inc. increased their target price on American Airlines Group from $58.00 to $67.00 and gave the company a buy rating in a research note on Thursday, July 13th. Sanford C. Bernstein reissued a market perform rating and issued a $52.00 target price on shares of American Airlines Group in a research note on Thursday, July 13th. BidaskClub upgraded shares of American Airlines Group from a buy rating to a strong-buy rating in a research report on Saturday, July 8th. Finally, Imperial Capital restated an in-line rating and set a $49.00 price target (up from $43.00) on shares of American Airlines Group in a research report on Sunday, July 23rd. Two analysts have rated the stock with a sell rating, nine have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. The company currently has a consensus rating of Hold and an average target price of $56.27.

American Airlines Group (AAL) opened at 45.41 on Tuesday. American Airlines Group has a 1-year low of $33.90 and a 1-year high of $54.48. The firm has a market cap of $22.12 billion, a price-to-earnings ratio of 11.27 and a beta of 0.96. The firm has a 50-day moving average price of $50.67 and a 200-day moving average price of $46.93. American Airlines Group also was the target of some unusual options trading on Monday. Stock traders bought 1,841 put options on the company. This is an increase of approximately 221% compared to the average volume of 574 put options.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Friday, July 28th. The airline reported $1.92 EPS for the quarter, beating the Zacks’ consensus estimate of $1.87 by $0.05. The business had revenue of $11.11 billion for the quarter, compared to analysts’ expectations of $11.08 billion. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.77 earnings per share. On average, analysts expect that American Airlines Group will post $5.10 earnings per share for the current fiscal year.

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The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 28th. Shareholders of record on Monday, August 14th will be issued a $0.10 dividend. The ex-dividend date is Thursday, August 10th. This represents a $0.40 annualized dividend and a yield of 0.88%. American Airlines Group’s dividend payout ratio (DPR) is presently 9.88%.

In other American Airlines Group news, EVP Maya Leibman sold 10,000 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $47.97, for a total value of $479,700.00. Following the completion of the sale, the executive vice president now directly owns 161,476 shares in the company, valued at $7,746,003.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Elise R. Eberwein sold 33,400 shares of the firm’s stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $49.74, for a total transaction of $1,661,316.00. Following the completion of the sale, the executive vice president now owns 362,368 shares of the company’s stock, valued at $18,024,184.32. The disclosure for this sale can be found here. Insiders sold 197,623 shares of company stock valued at $9,869,666 over the last 90 days. 0.69% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of AAL. BlackRock Inc. increased its position in shares of American Airlines Group by 4,435.0% in the first quarter. BlackRock Inc. now owns 28,607,876 shares of the airline’s stock worth $1,210,114,000 after buying an additional 27,977,045 shares in the last quarter. FMR LLC increased its position in shares of American Airlines Group by 56.3% in the first quarter. FMR LLC now owns 26,825,165 shares of the airline’s stock worth $1,134,705,000 after buying an additional 9,667,389 shares in the last quarter. Primecap Management Co. CA increased its position in shares of American Airlines Group by 3.4% in the first quarter. Primecap Management Co. CA now owns 46,745,831 shares of the airline’s stock worth $1,977,349,000 after buying an additional 1,524,040 shares in the last quarter. Cyrus Capital Partners L.P. acquired a new position in shares of American Airlines Group during the second quarter worth $75,480,000. Finally, Skandinaviska Enskilda Banken AB publ increased its position in shares of American Airlines Group by 4,841.9% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 943,900 shares of the airline’s stock worth $39,927,000 after buying an additional 924,800 shares in the last quarter. Institutional investors and hedge funds own 81.22% of the company’s stock.

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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