Traders are feeling more bullish lately if you take note of the downtick in short interest.
Marianas Fund Management Llc decreased its stake in American Airls Group Inc (AAL) by 53.15% based on its latest 2017Q2 regulatory filing with the SEC. Its position stood at $176,498,000 an increase of $4,165,000 as of quarter end.
American Airlines Group Inc.is a holding company. Vanguard Group Inc. now owns 30,304,361 shares of the airline's stock worth $1,524,915,000 after purchasing an additional 93,279 shares during the period. Parametric Portfolio Associates LLC lifted its position in American Airlines Group by 111.2% during the second quarter. California State Teachers Retirement System now owns 737,691 shares worth $35,033,000. AJO LP now owns 952,263 shares of the airline's stock valued at $47,918,000 after acquiring an additional 627,426 shares during the last quarter.
Lsv Asset Management says it bought 291,786 shares last quarter increasing its exposure to American Airlines Gp by 8.5%.
Lsv Asset Management isn't the only one who has changed their investment in AAL. Finally, Ameriprise Financial Inc. lifted its position in American Airlines Group by 162.3% during the third quarter. Morgan Stanley maintained American Airlines Group Inc (NASDAQ:AAL) on Monday, September 18 with "Equal-Weight" rating. BidaskClub downgraded American Airlines Group from a "strong-buy" rating to a "buy" rating in a research report on Monday, July 24th. Cowen and Company raised shares of American Airlines Group from a "market perform" rating to an "outperform" rating and raised their price target for the company from $55.00 to $57.00 in a research report on Monday, July 31st. Buckingham Research maintained the stock with "Buy" rating in Friday, October 27 report. Two 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. The stock's last price was higher from the average trading price of 50 days recorded at $14.82 while enlarging the period to 200 trading days, the average price was $13.02.
In other American Airlines Group news, Director Ray M. Robinson sold 3,476 shares of the business's stock in a transaction dated Thursday, September 14th. Following the completion of the transaction, the director now owns 29,938 shares in the company, valued at $1,399,900.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Voya Investment Mgmt Llc accumulated 275,555 shares or 0.03% of the stock. American Airlines Group has a 12 month low of $39.21 and a 12 month high of $54.48. (AAL) traded up $0.05 on Monday, reaching $45.82.
The company is so far trading down by 2.64% percent from yesterday's close. The company has a debt-to-equity ratio of 5.63, a quick ratio of 0.57 and a current ratio of 0.65. American Airlines Group, Inc. The firm has a market cap of $21,924.83, a price-to-earnings ratio of 9.41 and a beta of 0.97. Imperial Capital maintained American Airlines Group Inc (NASDAQ:AAL) rating on Tuesday, November 22. The airline reported $1.42 earnings per share for the quarter, topping analysts' consensus estimates of $1.40 by $0.02. American Airlines Group had a return on equity of 64.92% and a net margin of 4.71%. The business had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.88 billion. They expect $0.64 earnings per share, up 8.47% or $0.05 from last year's $0.59 per share. American Airlines Group Inc (NASDAQ:AAL) has risen 40.65% since November 13, 2016 and is uptrending.
On a similar note, analysts expect EPS of $0.71 in December 2017 quarter and $0.64 in March 2018 quarter, representing -22.83% and 4.92% growth, respectively. "(AAL) Ex-Dividend Date Scheduled for November 10 ..." on November 09, 2017. American Airlines Group's dividend payout ratio (DPR) is 10.18%.
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