Shares of American Airlines Group, Inc. (NASDAQ:AAL) have been assigned an average recommendation of “Hold” from the twenty analysts that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $56.50.

Several equities research analysts recently commented on AAL shares. Zacks Investment Research raised American Airlines Group from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research note on Wednesday, June 28th. BidaskClub lowered American Airlines Group from a “strong-buy” rating to a “buy” rating in a report on Friday, June 16th. Stifel Nicolaus restated a “buy” rating on shares of American Airlines Group in a report on Friday, May 26th. Vetr lowered American Airlines Group from a “strong-buy” rating to a “buy” rating and set a $53.62 target price for the company. in a report on Monday, May 29th. Finally, Citigroup Inc. upped 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.

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American Airlines Group (NASDAQ:AAL) traded down 0.41% during midday trading on Wednesday, hitting $46.00. 14,846,236 shares of the company’s stock traded hands. The company has a market capitalization of $22.40 billion, a PE ratio of 11.42 and a beta of 0.98. The company has a 50 day moving average of $46.92 and a 200-day moving average of $46.75. American Airlines Group has a 52 week low of $33.90 and a 52 week high of $54.48.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings data on Friday, July 28th. The airline reported $1.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.87 by $0.05. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. The firm had revenue of $11.11 billion for the quarter, compared to the consensus estimate of $11.08 billion. During the same quarter in the previous year, the company earned $1.77 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equities research analysts predict that American Airlines Group will post $4.86 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, August 28th. Stockholders of record on Monday, August 14th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend was Thursday, August 10th. American Airlines Group’s payout ratio is presently 9.88%.

In other news, EVP Maya Leibman sold 10,000 shares of the stock in a transaction on Friday, August 11th. The stock was sold at an average price of $47.97, for a total transaction of $479,700.00. Following the sale, the executive vice president now 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 available through the SEC website. Also, EVP Elise R. Eberwein sold 50,000 shares of the 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 sale, the executive vice president now owns 312,368 shares in the company, valued at approximately $15,727,728.80. The disclosure for this sale can be found here. Insiders have sold 63,476 shares of company stock worth $3,159,738 in the last 90 days. Company insiders own 0.64% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. MCF Advisors LLC bought a new position in American Airlines Group in the second quarter valued at about $106,000. Westside Investment Management Inc. boosted its holdings in American Airlines Group by 3.5% in the second quarter. Westside Investment Management Inc. now owns 2,116 shares of the airline’s stock valued at $111,000 after acquiring an additional 72 shares during the last quarter. First Manhattan Co. boosted its holdings in American Airlines Group by 3.3% in the second quarter. First Manhattan Co. now owns 2,380 shares of the airline’s stock valued at $119,000 after acquiring an additional 75 shares during the last quarter. WFG Advisors LP boosted its holdings in American Airlines Group by 28.1% in the second quarter. WFG Advisors LP now owns 2,367 shares of the airline’s stock valued at $119,000 after acquiring an additional 519 shares during the last quarter. Finally, D. Scott Neal Inc. bought a new position in American Airlines Group in the second quarter valued at about $120,000. Institutional investors and hedge funds own 81.53% of the company’s stock.

American Airlines Group Company Profile

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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