Janus Henderson Group PLC increased its holdings in shares of American Airlines Group Inc (NASDAQ:AAL) by 5.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,615 shares of the airline’s stock after purchasing an additional 1,230 shares during the period. Janus Henderson Group PLC’s holdings in American Airlines Group were worth $814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of AAL. Accurate Investment Solutions Inc. grew its position in American Airlines Group by 100.0% during the first quarter. Accurate Investment Solutions Inc. now owns 800 shares of the airline’s stock valued at $25,000 after buying an additional 400 shares during the period. Signet Investment Advisory Group Inc. acquired a new stake in American Airlines Group during the fourth quarter valued at $32,000. Capital Investment Advisory Services LLC acquired a new stake in American Airlines Group during the fourth quarter valued at $32,000. JNBA Financial Advisors acquired a new stake in American Airlines Group during the fourth quarter valued at $32,000. Finally, Howe & Rusling Inc. acquired a new stake in American Airlines Group during the first quarter valued at $39,000. 80.53% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ AAL opened at $29.92 on Thursday. American Airlines Group Inc has a 52-week low of $28.81 and a 52-week high of $45.82. The stock has a market capitalization of $13.92 billion, a PE ratio of 6.58, a P/E/G ratio of 1.95 and a beta of 1.54.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Friday, April 26th. The airline reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.02. American Airlines Group had a net margin of 3.15% and a negative return on equity of 356.47%. The business had revenue of $10.58 billion for the quarter, compared to analyst estimates of $10.61 billion. During the same quarter last year, the business earned $0.75 earnings per share. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. Sell-side analysts forecast that American Airlines Group Inc will post 5.12 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 8th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend was Tuesday, May 7th. American Airlines Group’s dividend payout ratio is currently 8.79%.

Several research firms recently commented on AAL. Barclays dropped their price target on shares of American Airlines Group from $60.00 to $48.00 and set an “overweight” rating on the stock in a research report on Monday. Morgan Stanley lowered shares of American Airlines Group from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $40.00 to $26.00 in a research report on Monday. BidaskClub lowered shares of American Airlines Group from a “hold” rating to a “sell” rating in a research report on Wednesday, May 15th. Zacks Investment Research upgraded shares of American Airlines Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 8th. Finally, Imperial Capital reiterated an “in-line” rating and issued a $41.00 target price (down previously from $43.00) on shares of American Airlines Group in a research report on Tuesday, April 30th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. American Airlines Group has an average rating of “Hold” and an average price target of $43.31.

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American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo. As of December 31, 2018, the company operated a mainline fleet of 956 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, London Heathrow, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc in December 2013.

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

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