Traders sold shares of American Airlines Group, Inc. (NASDAQ:AAL) on strength during trading on Wednesday. $39.30 million flowed into the stock on the tick-up and $59.29 million flowed out of the stock on the tick-down, for a money net flow of $19.99 million out of the stock. Of all stocks tracked, American Airlines Group had the 30th highest net out-flow for the day. American Airlines Group traded up $1.38 for the day and closed at $47.19

AAL has been the subject of several analyst reports. Imperial Capital reaffirmed an “in-line” rating and issued a $49.00 price objective (up from $43.00) on shares of American Airlines Group in a report on Sunday, July 23rd. BidaskClub cut American Airlines Group from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Cowen and Company raised American Airlines Group from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $55.00 to $57.00 in a report on Monday, July 31st. Buckingham Research reaffirmed a “buy” rating and issued a $70.00 price objective (up from $68.00) on shares of American Airlines Group in a report on Monday, July 31st. Finally, J P Morgan Chase & Co raised American Airlines Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $52.00 to $61.00 in a report on Tuesday, August 1st. Two analysts have rated the stock with a sell rating, seven have given a hold rating, eight 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 an average target price of $58.47.

The firm has a market capitalization of $22,630.00, a PE ratio of 9.39 and a beta of 0.97. The company has a quick ratio of 0.57, a current ratio of 0.65 and a debt-to-equity ratio of 5.63.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings data on Thursday, October 26th. The airline reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.02. The business had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.88 billion. American Airlines Group had a return on equity of 64.92% and a net margin of 4.71%. American Airlines Group’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.80 EPS. analysts forecast that American Airlines Group, Inc. will post 4.64 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 27th. Investors of record on Monday, November 13th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, November 10th. This represents a $0.40 dividend on an annualized basis and a yield of 0.87%. American Airlines Group’s dividend payout ratio is currently 10.18%.

In related news, Director Ray M. Robinson sold 3,476 shares of the business’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $46.76, for a total transaction of $162,537.76. Following the sale, the director now owns 29,938 shares in the company, valued at approximately $1,399,900.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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. Bank of Montreal Can grew its position in shares of American Airlines Group by 3.2% in the 2nd quarter. Bank of Montreal Can now owns 382,370 shares of the airline’s stock valued at $19,242,000 after buying an additional 11,906 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in shares of American Airlines Group in the 2nd quarter valued at about $207,000. Mn Services Vermogensbeheer B.V. grew its position in shares of American Airlines Group by 498.7% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 20,530 shares of the airline’s stock valued at $1,033,000 after buying an additional 17,101 shares during the last quarter. Eqis Capital Management Inc. grew its position in shares of American Airlines Group by 51.1% in the 2nd quarter. Eqis Capital Management Inc. now owns 10,984 shares of the airline’s stock valued at $553,000 after buying an additional 3,713 shares during the last quarter. Finally, Palo Capital Inc. grew its position in shares of American Airlines Group by 3.9% in the 2nd quarter. Palo Capital Inc. now owns 16,994 shares of the airline’s stock valued at $855,000 after buying an additional 640 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

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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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