American Airlines Group Inc. $AAL Stake Lessened by U S Global Investors Inc.

U S Global Investors Inc. lessened its holdings in American Airlines Group Inc. (NASDAQ:AALFree Report) by 16.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 6,485,318 shares of the airline’s stock after selling 1,232,906 shares during the quarter. American Airlines Group comprises about 8.2% of U S Global Investors Inc.’s holdings, making the stock its 4th biggest position. U S Global Investors Inc.’s holdings in American Airlines Group were worth $72,895,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of AAL. Vermillion & White Wealth Management Group LLC grew its holdings in American Airlines Group by 52.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 4,339 shares of the airline’s stock valued at $49,000 after purchasing an additional 1,500 shares during the period. Laurel Wealth Advisors LLC lifted its position in shares of American Airlines Group by 1,022.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,466 shares of the airline’s stock valued at $50,000 after buying an additional 4,068 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in American Airlines Group in the 2nd quarter valued at $65,000. Geneos Wealth Management Inc. increased its holdings in American Airlines Group by 11.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 9,558 shares of the airline’s stock worth $101,000 after acquiring an additional 969 shares in the last quarter. Finally, Rexford Capital Inc. acquired a new position in American Airlines Group during the second quarter worth $115,000. Hedge funds and other institutional investors own 52.44% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on AAL shares. Evercore ISI lifted their target price on shares of American Airlines Group from $13.00 to $14.00 and gave the company an “in-line” rating in a research report on Monday, September 29th. Weiss Ratings reiterated a “sell (d+)” rating on shares of American Airlines Group in a research note on Monday, December 29th. Cowen reissued a “buy” rating on shares of American Airlines Group in a report on Monday, October 27th. JPMorgan Chase & Co. raised their target price on American Airlines Group from $17.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Finally, Susquehanna boosted their price target on American Airlines Group from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, American Airlines Group has an average rating of “Hold” and an average target price of $16.46.

View Our Latest Analysis on AAL

American Airlines Group Price Performance

AAL stock opened at $15.48 on Friday. American Airlines Group Inc. has a 1 year low of $8.50 and a 1 year high of $19.10. The firm has a market capitalization of $10.22 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 0.61 and a beta of 1.23. The business has a 50 day simple moving average of $14.15 and a 200-day simple moving average of $12.84.

American Airlines Group (NASDAQ:AALGet Free Report) last released its quarterly earnings data on Thursday, October 23rd. The airline reported ($0.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.10. The company had revenue of $13.69 billion for the quarter, compared to analyst estimates of $13.65 billion. American Airlines Group had a negative return on equity of 18.14% and a net margin of 1.11%.The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 earnings per share. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS and its FY 2025 guidance at 0.650-0.950 EPS. On average, equities research analysts expect that American Airlines Group Inc. will post 2.42 EPS for the current year.

American Airlines Group Profile

(Free Report)

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.

See Also

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Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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