American Airlines Group, Inc. (NASDAQ:AAL) Shares Bought by Aperio Group LLC

Aperio Group LLC raised its position in shares of American Airlines Group, Inc. (NASDAQ:AAL) by 17.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 131,487 shares of the airline’s stock after buying an additional 19,590 shares during the period. Aperio Group LLC’s holdings in American Airlines Group were worth $6,616,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Teacher Retirement System of Texas boosted its position in American Airlines Group by 9.2% in the first quarter. Teacher Retirement System of Texas now owns 323,344 shares of the airline’s stock worth $13,677,000 after buying an additional 27,340 shares during the period. Strs Ohio raised its stake in American Airlines Group by 23.0% in the first quarter. Strs Ohio now owns 454,865 shares of the airline’s stock valued at $19,240,000 after buying an additional 85,000 shares in the last quarter. Beach Investment Counsel Inc. PA raised its stake in American Airlines Group by 122.8% in the first quarter. Beach Investment Counsel Inc. PA now owns 174,197 shares of the airline’s stock valued at $7,369,000 after buying an additional 96,007 shares in the last quarter. Great Lakes Advisors LLC raised its stake in American Airlines Group by 519.7% in the first quarter. Great Lakes Advisors LLC now owns 55,422 shares of the airline’s stock valued at $2,344,000 after buying an additional 46,478 shares in the last quarter. Finally, Gendell Jeffrey L raised its stake in American Airlines Group by 47.7% in the first quarter. Gendell Jeffrey L now owns 1,033,753 shares of the airline’s stock valued at $43,728,000 after buying an additional 334,053 shares in the last quarter. 81.51% of the stock is currently owned by institutional investors.

American Airlines Group, Inc. (AAL) opened at 50.00 on Wednesday. The stock’s 50 day moving average price is $50.93 and its 200-day moving average price is $46.80. The firm has a market capitalization of $24.35 billion, a price-to-earnings ratio of 12.41 and a beta of 0.96. American Airlines Group, Inc. has a one year low of $33.74 and a one year high of $54.48. American Airlines Group also was the recipient of unusually large options trading on Monday. Investors bought 1,841 put options on the stock. This is an increase of 221% compared to the typical daily volume of 574 put options.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Friday, July 28th. The airline reported $1.92 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.87 by $0.05. The firm had revenue of $11.11 billion for the quarter, compared to the consensus estimate of $11.08 billion. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.77 EPS. On average, equities research analysts anticipate that American Airlines Group, Inc. will post $5.13 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Shareholders of record on Monday, August 14th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.80%. The ex-dividend date is Thursday, August 10th. American Airlines Group’s payout ratio is presently 9.88%.

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A number of research firms have issued reports on AAL. Morgan Stanley reiterated an “equal weight” rating and set a $54.00 price objective (up from $53.00) on shares of American Airlines Group in a report on Monday, July 17th. Citigroup Inc. increased their price objective on shares of American Airlines Group from $58.00 to $67.00 and gave the stock a “buy” rating in a report on Thursday, July 13th. Sanford C. Bernstein reissued 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. BidaskClub raised 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 reissued an “in-line” rating and set a $49.00 target price (up previously 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 assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $53.57.

In other news, EVP Maya Leibman sold 23,857 shares of American Airlines Group stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $47.24, for a total value of $1,127,004.68. Following the completion of the transaction, the executive vice president now directly owns 182,178 shares of the company’s stock, valued at approximately $8,606,088.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Elise R. Eberwein sold 33,400 shares of American Airlines Group stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $49.74, for a total value of $1,661,316.00. Following the completion of the transaction, the executive vice president now directly 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 have sold a total of 211,480 shares of company stock worth $10,516,971 over the last ninety days. Company insiders own 0.69% 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.

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

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