HUB Investment Partners LLC Acquires New Holdings in American Airlines Group Inc. (NASDAQ:AAL)

HUB Investment Partners LLC acquired a new stake in shares of American Airlines Group Inc. (NASDAQ:AAL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,204 shares of the airline’s stock, valued at approximately $213,000.

Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in American Airlines Group during the fourth quarter valued at approximately $25,000. Brooklyn Investment Group increased its holdings in American Airlines Group by 133.1% during the fourth quarter. Brooklyn Investment Group now owns 1,592 shares of the airline’s stock valued at $28,000 after buying an additional 909 shares during the period. Bfsg LLC increased its holdings in American Airlines Group by 269.3% during the fourth quarter. Bfsg LLC now owns 2,057 shares of the airline’s stock valued at $36,000 after buying an additional 1,500 shares during the period. Harvest Fund Management Co. Ltd purchased a new position in American Airlines Group during the fourth quarter valued at approximately $45,000. Finally, Quent Capital LLC increased its holdings in American Airlines Group by 70.2% during the fourth quarter. Quent Capital LLC now owns 3,064 shares of the airline’s stock valued at $53,000 after buying an additional 1,264 shares during the period. 52.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Seaport Res Ptn raised shares of American Airlines Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. lowered their target price on shares of American Airlines Group from $30.00 to $26.00 and set an “overweight” rating for the company in a research note on Monday, March 3rd. Redburn Partners upgraded shares of American Airlines Group from a “neutral” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Wednesday, February 26th. Susquehanna lowered their target price on shares of American Airlines Group from $20.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Finally, Melius upgraded shares of American Airlines Group from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $19.30.

American Airlines Group Price Performance

NASDAQ AAL opened at $11.39 on Friday. The company has a market capitalization of $7.49 billion, a PE ratio of 9.99, a P/E/G ratio of 0.21 and a beta of 1.27. The company has a fifty day moving average of $15.31 and a 200 day moving average of $14.46. American Airlines Group Inc. has a 1 year low of $9.07 and a 1 year high of $19.10.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.47. American Airlines Group had a net margin of 1.56% and a negative return on equity of 28.56%. Research analysts expect that American Airlines Group Inc. will post 2.42 earnings per share for the current year.

Insider Activity at American Airlines Group

In other American Airlines Group news, SVP Angela Owens sold 51,906 shares of American Airlines Group stock in a transaction on Monday, January 27th. The shares were sold at an average price of $17.15, for a total value of $890,187.90. Following the completion of the transaction, the senior vice president now owns 112,412 shares of the company’s stock, valued at approximately $1,927,865.80. The trade was a 31.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of American Airlines Group stock in a transaction on Friday, December 27th. The shares were sold at an average price of $17.21, for a total transaction of $1,763,009.61. Following the completion of the transaction, the chief executive officer now directly owns 2,967,984 shares of the company’s stock, valued at $51,079,004.64. The trade was a 3.34 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is currently owned by insiders.

About American Airlines Group

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.