American Airlines Group, Inc. (AAL) Shares Bought by American Century Companies Inc.

American Century Companies Inc. raised its stake in American Airlines Group, Inc. (NASDAQ:AAL) by 6.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 989,718 shares of the airline’s stock after acquiring an additional 59,855 shares during the quarter. American Century Companies Inc. owned approximately 0.20% of American Airlines Group worth $47,002,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AAL. Bank of Montreal Can boosted its stake in American Airlines Group by 3.2% in the second quarter. Bank of Montreal Can now owns 382,370 shares of the airline’s stock valued at $19,242,000 after acquiring an additional 11,906 shares during the last quarter. NN Investment Partners Holdings N.V. boosted its stake in American Airlines Group by 9.3% in the second quarter. NN Investment Partners Holdings N.V. now owns 71,891 shares of the airline’s stock valued at $3,618,000 after acquiring an additional 6,138 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in American Airlines Group in the second quarter valued at about $207,000. Mn Services Vermogensbeheer B.V. boosted its stake in American Airlines Group by 498.7% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 20,530 shares of the airline’s stock valued at $1,033,000 after acquiring an additional 17,101 shares during the last quarter. Finally, Eqis Capital Management Inc. boosted its stake in American Airlines Group by 51.1% in the second quarter. Eqis Capital Management Inc. now owns 10,984 shares of the airline’s stock valued at $553,000 after acquiring an additional 3,713 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

In other American Airlines Group news, Director Ray M. Robinson sold 3,476 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The shares were 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 owns 29,938 shares of the company’s stock, valued at approximately $1,399,900.88. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.69% of the stock is owned by insiders.

A number of research analysts have weighed in on the stock. Sanford C. Bernstein reiterated a “hold” rating on shares of American Airlines Group in a research note on Monday, August 7th. BidaskClub lowered shares of American Airlines Group from a “sell” rating to a “strong sell” rating in a research report on Friday. Morgan Stanley reissued an “equal weight” rating and issued a $51.00 price target (up previously from $47.00) on shares of American Airlines Group in a research report on Monday, October 2nd. Zacks Investment Research lowered shares of American Airlines Group from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. Finally, Cowen and Company reissued an “outperform” rating and issued a $55.00 price target on shares of American Airlines Group in a research report on Tuesday, September 26th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $58.47.

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Shares of American Airlines Group, Inc. (AAL) opened at $45.82 on Monday. The company has a debt-to-equity ratio of 5.63, a quick ratio of 0.57 and a current ratio of 0.65. The firm has a market cap of $21,924.83, a P/E ratio of 9.41 and a beta of 0.97. American Airlines Group, Inc. has a twelve month low of $39.21 and a twelve month high of $54.48.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, October 26th. The airline reported $1.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.02. The business had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.88 billion. American Airlines Group had a net margin of 4.71% and a return on equity of 64.92%. American Airlines Group’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.80 EPS. analysts forecast that American Airlines Group, Inc. will post 4.64 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, November 27th. Investors of record on Monday, November 13th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Friday, November 10th. American Airlines Group’s dividend payout ratio (DPR) is presently 10.18%.

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.

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

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