American Airlines Group Inc (NASDAQ:AAL) was the target of a large decrease in short interest in the month of December. As of December 29th, there was short interest totalling 19,439,084 shares, a decrease of 15.3% from the December 15th total of 22,952,515 shares. Currently, 4.1% of the shares of the stock are sold short. Based on an average daily volume of 3,458,654 shares, the days-to-cover ratio is currently 5.6 days.

In other news, CEO W Douglas Parker sold 224,572 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $52.32, for a total transaction of $11,749,607.04. Following the transaction, the chief executive officer now directly owns 1,925,242 shares of the company’s stock, valued at approximately $100,728,661.44. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Alberto Ibarguen sold 4,229 shares of the company’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $47.60, for a total transaction of $201,300.40. The disclosure for this sale can be found here. Corporate insiders own 0.69% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in AAL. Vanguard Group Inc. lifted its holdings in shares of American Airlines Group by 0.3% during the 2nd quarter. Vanguard Group Inc. now owns 30,304,361 shares of the airline’s stock worth $1,524,915,000 after acquiring an additional 93,279 shares during the period. Carmignac Gestion lifted its holdings in shares of American Airlines Group by 0.3% during the 2nd quarter. Carmignac Gestion now owns 4,223,251 shares of the airline’s stock worth $212,514,000 after acquiring an additional 13,700 shares during the period. Brandywine Global Investment Management LLC lifted its holdings in shares of American Airlines Group by 1.8% during the 2nd quarter. Brandywine Global Investment Management LLC now owns 3,705,246 shares of the airline’s stock worth $186,448,000 after acquiring an additional 64,713 shares during the period. Boston Partners purchased a new position in shares of American Airlines Group during the 3rd quarter worth about $113,633,000. Finally, Hosking Partners LLP lifted its holdings in shares of American Airlines Group by 0.4% during the 3rd quarter. Hosking Partners LLP now owns 2,344,886 shares of the airline’s stock worth $111,359,000 after acquiring an additional 9,522 shares during the period. 81.20% of the stock is currently owned by institutional investors.

AAL has been the topic of a number of research reports. JPMorgan Chase & Co. raised shares of American Airlines Group from a “neutral” rating to an “overweight” rating and set a $65.00 price objective on the stock in a research note on Wednesday, November 1st. Macquarie initiated coverage on shares of American Airlines Group in a research note on Monday, September 25th. They issued a “neutral” rating and a $47.00 price objective on the stock. Raymond James Financial raised shares of American Airlines Group from a “market perform” rating to an “outperform” rating and set a $58.00 price objective on the stock in a research note on Wednesday, September 20th. BidaskClub raised shares of American Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of American Airlines Group in a research note on Monday, November 13th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $60.35.

Shares of American Airlines Group (NASDAQ AAL) opened at $58.47 on Friday. American Airlines Group has a 12 month low of $39.21 and a 12 month high of $58.73. The stock has a market cap of $27,980.00, a PE ratio of 14.88 and a beta of 0.99. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 5.63.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, October 26th. The airline reported $1.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 company had revenue of $10.88 billion for the quarter, compared to analysts’ expectations of $10.88 billion. During the same period last year, the company earned $2.80 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. sell-side analysts predict that American Airlines Group will post 4.66 earnings per share for the current fiscal year.

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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.

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