American Airlines Group Inc. (NASDAQ:AAL) Stake Boosted by Qsemble Capital Management LP

Qsemble Capital Management LP raised its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 422.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 73,221 shares of the airline’s stock after purchasing an additional 59,206 shares during the period. Qsemble Capital Management LP’s holdings in American Airlines Group were worth $823,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AAL. Primecap Management Co. CA raised its stake in American Airlines Group by 0.8% during the third quarter. Primecap Management Co. CA now owns 57,339,666 shares of the airline’s stock worth $644,498,000 after acquiring an additional 458,310 shares during the period. U S Global Investors Inc. raised its position in shares of American Airlines Group by 5.9% during the 3rd quarter. U S Global Investors Inc. now owns 9,088,188 shares of the airline’s stock worth $102,151,000 after purchasing an additional 508,119 shares during the period. Dimensional Fund Advisors LP boosted its position in American Airlines Group by 75.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,240,659 shares of the airline’s stock valued at $48,047,000 after purchasing an additional 1,823,928 shares during the period. Principal Financial Group Inc. boosted its position in American Airlines Group by 107.6% during the 3rd quarter. Principal Financial Group Inc. now owns 1,519,904 shares of the airline’s stock valued at $17,084,000 after purchasing an additional 787,671 shares during the period. Finally, SG Americas Securities LLC increased its position in American Airlines Group by 743.1% in the third quarter. SG Americas Securities LLC now owns 1,246,742 shares of the airline’s stock worth $14,013,000 after buying an additional 1,098,865 shares during the period. 52.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on AAL shares. Bank of America boosted their price target on shares of American Airlines Group from $9.00 to $10.00 and gave the company an “underperform” rating in a report on Friday, October 25th. Evercore ISI upped their target price on shares of American Airlines Group from $10.00 to $12.00 and gave the stock an “in-line” rating in a research report on Thursday, October 3rd. UBS Group cut American Airlines Group from a “buy” rating to a “neutral” rating and set a $16.00 price target on the stock. in a report on Tuesday. Redburn Atlantic raised American Airlines Group to a “hold” rating in a report on Tuesday, September 3rd. Finally, Barclays raised American Airlines Group from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $10.00 to $16.00 in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, American Airlines Group presently has an average rating of “Hold” and an average price target of $13.93.

American Airlines Group Price Performance

AAL stock opened at $14.64 on Wednesday. The firm has a market cap of $9.62 billion, a PE ratio of 44.36, a P/E/G ratio of 0.26 and a beta of 1.39. American Airlines Group Inc. has a 12 month low of $9.07 and a 12 month high of $16.15. The firm has a 50 day simple moving average of $12.71 and a 200 day simple moving average of $11.76.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Thursday, October 24th. The airline reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.14. The business had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.50 billion. American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%. The company’s revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company posted $0.38 EPS. As a group, sell-side analysts expect that American Airlines Group Inc. will post 1.49 earnings per share for the current year.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.