American Airlines Group, Inc. (NASDAQ:AAL) was the recipient of some unusual options trading activity on Monday. Stock traders acquired 1,841 put options on the stock. This is an increase of 221% compared to the average volume of 574 put options.

AAL has been the topic of a number of analyst reports. Buckingham Research restated a “buy” rating and set a $70.00 target price (up previously from $68.00) on shares of American Airlines Group in a research report on Monday, July 31st. Morgan Stanley restated an “equal weight” rating and set a $52.00 target price (down previously from $54.00) on shares of American Airlines Group in a research report on Thursday, August 17th. ValuEngine upgraded shares of American Airlines Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Sanford C. Bernstein restated a “market perform” rating and set a $52.00 target price on shares of American Airlines Group in a research report on Thursday, July 13th. Finally, Vetr lowered shares of American Airlines Group from a “strong-buy” rating to a “buy” rating and set a $53.62 target price on the stock. in a research report on Monday, May 29th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. American Airlines Group has a consensus rating of “Buy” and a consensus price target of $57.44.

In other American Airlines Group news, Director Ray M. Robinson sold 3,476 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $46.76, for a total transaction of $162,537.76. Following the transaction, the director now owns 29,938 shares in the company, valued at approximately $1,399,900.88. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Maya Leibman sold 10,000 shares of the stock in a transaction that occurred 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 transaction, the executive vice president now owns 161,476 shares in the company, valued at approximately $7,746,003.72. The disclosure for this sale can be found here. Over the last three months, insiders sold 63,476 shares of company stock worth $3,159,738. Insiders own 0.64% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in AAL. MCF Advisors LLC purchased a new stake in shares of American Airlines Group in the 2nd quarter valued at $106,000. Westside Investment Management Inc. boosted its stake in shares of American Airlines Group by 3.5% in the 2nd quarter. Westside Investment Management Inc. now owns 2,116 shares of the airline’s stock valued at $111,000 after purchasing an additional 72 shares in the last quarter. First Manhattan Co. boosted its stake in shares of American Airlines Group by 3.3% in the 2nd quarter. First Manhattan Co. now owns 2,380 shares of the airline’s stock valued at $119,000 after purchasing an additional 75 shares in the last quarter. WFG Advisors LP boosted its stake in shares of American Airlines Group by 28.1% in the 2nd quarter. WFG Advisors LP now owns 2,367 shares of the airline’s stock valued at $119,000 after purchasing an additional 519 shares in the last quarter. Finally, D. Scott Neal Inc. purchased a new stake in shares of American Airlines Group in the 2nd quarter valued at $120,000. 81.53% of the stock is owned by institutional investors and hedge funds.

Shares of American Airlines Group (AAL) opened at 47.06 on Friday. The firm has a market cap of $22.92 billion, a price-to-earnings ratio of 11.68 and a beta of 0.98. American Airlines Group has a 12 month low of $33.90 and a 12 month high of $54.48. The firm has a 50-day moving average of $46.60 and a 200-day moving average of $46.73.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Friday, July 28th. The airline reported $1.92 EPS for the quarter, topping the Zacks’ consensus estimate of $1.87 by $0.05. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The business had revenue of $11.11 billion during the quarter, compared to analysts’ expectations of $11.08 billion. During the same quarter in the previous year, the company earned $1.77 EPS. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, analysts anticipate that American Airlines Group will post $4.70 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, August 28th. Shareholders of record on Monday, August 14th were paid a $0.10 dividend. The ex-dividend date was Thursday, August 10th. This represents a $0.40 dividend on an annualized basis and a yield of 0.85%. American Airlines Group’s dividend payout ratio is presently 9.88%.

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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.

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