American Airlines Group, Inc. (NASDAQ:AAL) Director Alberto Ibarguen sold 4,229 shares of American Airlines Group stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $47.60, for a total transaction of $201,300.40. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

American Airlines Group, Inc. (NASDAQ:AAL) opened at $47.69 on Tuesday. The stock has a market cap of $22,700.00, a P/E ratio of 9.73 and a beta of 0.97. American Airlines Group, Inc. has a 1 year low of $39.21 and a 1 year high of $54.48. The company has a debt-to-equity ratio of 5.63, a current ratio of 0.65 and a quick ratio of 0.57.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings results on Thursday, October 26th. The airline reported $1.42 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.02. American Airlines Group had a net margin of 4.71% and a return on equity of 64.92%. The firm had revenue of $10.88 billion for the quarter, compared to the consensus estimate of $10.88 billion. During the same quarter in the previous year, the company earned $2.80 EPS. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. equities research analysts forecast that American Airlines Group, Inc. will post 4.63 earnings per share for the current fiscal year.

The business also recently announced 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 of this dividend is Friday, November 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.84%. American Airlines Group’s payout ratio is presently 10.18%.

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Several institutional investors have recently added to or reduced their stakes in the stock. Koch Industries Inc. bought a new stake in American Airlines Group during the 2nd quarter valued at $265,000. Daiwa Securities Group Inc. increased its stake in American Airlines Group by 215.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 31,428 shares of the airline’s stock valued at $1,493,000 after purchasing an additional 21,478 shares in the last quarter. Virtu KCG Holdings LLC bought a new stake in American Airlines Group during the 2nd quarter valued at $322,000. State of Tennessee Treasury Department increased its stake in American Airlines Group by 33.5% during the 2nd quarter. State of Tennessee Treasury Department now owns 183,936 shares of the airline’s stock valued at $9,256,000 after purchasing an additional 46,114 shares in the last quarter. Finally, Allen Investment Management LLC increased its stake in American Airlines Group by 65.3% during the 2nd quarter. Allen Investment Management LLC now owns 37,455 shares of the airline’s stock valued at $1,885,000 after purchasing an additional 14,797 shares in the last quarter. Institutional investors own 82.96% of the company’s stock.

Several equities research analysts recently commented on the stock. J P Morgan Chase & Co upgraded shares of American Airlines Group from a “neutral” rating to an “overweight” rating and set a $65.00 target price on the stock in a research report on Wednesday, November 1st. Buckingham Research reiterated a “buy” rating and set a $70.00 target price (up from $68.00) on shares of American Airlines Group in a research report on Monday, July 31st. Morgan Stanley cut their target price on shares of American Airlines Group from $52.00 to $51.00 and set an “equal weight” rating on the stock in a research report on Friday, September 1st. Macquarie assumed coverage on shares of American Airlines Group in a research report on Monday, September 25th. They set a “neutral” rating and a $47.00 target price on the stock. Finally, Raymond James Financial, Inc. upgraded shares of American Airlines Group from a “market perform” rating to an “outperform” rating and set a $58.00 target price on the stock in a research report on Wednesday, September 20th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. American Airlines Group has a consensus rating of “Buy” and a consensus price target of $58.47.

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.

Insider Buying and Selling by Quarter for American Airlines Group (NASDAQ:AAL)

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