Teachers Retirement System of The State of Kentucky decreased its stake in American Airlines Group, Inc. (NASDAQ:AAL) by 5.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 56,229 shares of the airline’s stock after selling 3,500 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in American Airlines Group were worth $2,829,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. UBS Asset Management Americas Inc. raised its position in shares of American Airlines Group by 6.5% during the first quarter. UBS Asset Management Americas Inc. now owns 421,192 shares of the airline’s stock worth $17,816,000 after purchasing an additional 25,738 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of American Airlines Group by 48.3% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 26,063 shares of the airline’s stock worth $1,102,000 after purchasing an additional 8,492 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of American Airlines Group by 101.0% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 4,163 shares of the airline’s stock worth $176,000 after purchasing an additional 2,092 shares during the period. Stifel Financial Corp raised its position in American Airlines Group by 40.7% in the 1st quarter. Stifel Financial Corp now owns 96,794 shares of the airline’s stock valued at $4,072,000 after buying an additional 28,015 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in American Airlines Group by 9.2% in the 1st quarter. Victory Capital Management Inc. now owns 27,053 shares of the airline’s stock valued at $1,144,000 after buying an additional 2,290 shares during the last quarter. 81.54% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Ray M. Robinson sold 3,476 shares of the firm’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $46.76, for a total value of $162,537.76. Following the completion of the transaction, the director now directly owns 29,938 shares of the company’s stock, valued at $1,399,900.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Maya Leibman sold 10,000 shares of the firm’s stock in a transaction on Friday, August 11th. The stock was sold at an average price of $47.97, for a total value of $479,700.00. Following the completion of the transaction, the executive vice president now directly owns 161,476 shares of the company’s stock, valued at $7,746,003.72. The disclosure for this sale can be found here. Insiders sold 63,476 shares of company stock valued at $3,159,738 over the last ninety days. Corporate insiders own 0.64% of the company’s stock.

A number of equities research analysts recently issued reports on AAL shares. Buckingham Research reissued a “buy” rating and issued a $70.00 target price (up previously from $68.00) on shares of American Airlines Group in a research report on Monday, July 31st. Morgan Stanley reissued an “equal weight” rating and issued a $52.00 target price (down previously from $54.00) on shares of American Airlines Group in a research report on Thursday, August 17th. Sanford C. Bernstein reissued a “market perform” rating and issued a $52.00 target price on shares of American Airlines Group in a research report on Thursday, July 13th. Macquarie started coverage on American Airlines Group in a research report on Monday, September 25th. They issued a “neutral” rating and a $47.00 target price on the stock. Finally, Citigroup Inc. lifted their target price on American Airlines Group from $58.00 to $67.00 and gave the company a “buy” rating in a research report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $56.86.

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American Airlines Group, Inc. (AAL) opened at 47.49 on Friday. The firm has a market capitalization of $23.13 billion, a PE ratio of 11.79 and a beta of 0.98. The firm has a 50-day moving average price of $46.60 and a 200 day moving average price of $46.73. American Airlines Group, Inc. has a one year low of $34.86 and a one year high of $54.48.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Friday, July 28th. The airline reported $1.92 EPS for the quarter, topping the Zacks’ consensus estimate of $1.87 by $0.05. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. The firm had revenue of $11.11 billion during the quarter, compared to analyst estimates of $11.08 billion. During the same period last year, the company earned $1.77 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts anticipate that American Airlines Group, Inc. will post $4.70 EPS for the current fiscal year.

American Airlines Group Company Profile

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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