November 23, 2016 - By Marie Mckinney
The EVP Chief Integration Officer of American Airlines Group Inc, Beverly Goulet lately received approximately $230,925 USD for 5,000 shares in the American Airlines Group Inc corporation at an approx. $46.2 per share. In the last 30 days, she also unloaded 5,000 shares worth approximately $202,550 USD. Beverly Goulet now indirectly has in hand 0 shares. She also directly has in hand 238604 shares. In total she holds a stake of 0.05%. The transaction was dated 23/11/2016 and was made public in a Form 4 filed with the Washington-based SEC. The Form 4 is available here.
Out of 19 analysts covering American Airlines Group (NASDAQ:AAL), 9 rate it a “Buy”, 4 “Sell”, while 6 “Hold”. This means 47% are positive. $66 is the highest target while $28 is the lowest. The $44.31 average target is -4.44% below today’s ($46.37) stock price. American Airlines Group has been the topic of 32 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Monday, February 1 by Cowen & Co. As per Thursday, March 24, the company rating was maintained by Stifel Nicolaus. The firm has “Neutral” rating given on Wednesday, September 30 by Goldman Sachs. Imperial Capital initiated the shares of AAL in a report on Friday, August 26 with “In-Line” rating. Morgan Stanley upgraded American Airlines Group Inc (NASDAQ:AAL) on Thursday, April 28 to “Overweight” rating. The firm earned “In-Line” rating on Friday, October 21 by Imperial Capital. The company was downgraded on Wednesday, September 21 by Raymond James. Stephens initiated the stock with “Equal-Weight” rating in Tuesday, March 29 report. The company was upgraded on Wednesday, September 2 by Vetr. The firm has “Underperform” rating given on Tuesday, October 11 by Bernstein.
Insitutional Activity: The institutional sentiment decreased to 0.46 in Q2 2016. Its down 0.14, from 0.6 in 2016Q1. The ratio is negative, as 111 funds sold all American Airlines Group Inc shares owned while 206 reduced positions. 40 funds bought stakes while 150 increased positions. They now own 384.56 million shares or 8.83% less from 421.82 million shares in 2016Q1.
Riverpoint Cap Mgmt Llc holds 0.06% or 23,685 shares in its portfolio. Profund Advsrs Ltd Liability Corporation holds 0.06% or 45,489 shares in its portfolio. Royal Bankshares Of Canada accumulated 746,652 shares or 0.01% of the stock. Rwc Asset Mgmt Limited Liability Partnership accumulated 0.4% or 211,086 shares. Benjamin F Edwards And Co Incorporated has 280 shares for 0% of their US portfolio. Stephens Ar holds 7,829 shares or 0.01% of its portfolio. Nomura accumulated 204,464 shares or 0.02% of the stock. Next Fincl Group owns 3,100 shares or 0.03% of their US portfolio. Hl Limited Liability Co, a Kentucky-based fund reported 30,660 shares. Lsv Asset reported 986,007 shares or 0.06% of all its holdings. The Connecticut-based Westport Resources Management Inc has invested 0.02% in American Airlines Group Inc (NASDAQ:AAL). Blackrock Institutional Trust Commerce Na last reported 0.06% of its portfolio in the stock. Pnc Financial Ser Grp Inc, a Pennsylvania-based fund reported 19,168 shares. Public Sector Pension Board accumulated 0.03% or 109,532 shares. The Connecticut-based Wexford L P has invested 0.87% in American Airlines Group Inc (NASDAQ:AAL).
Insider Transactions: Since June 13, 2016, the stock had 1 buying transaction, and 7 sales for $14.36 million net activity. GOULET – BEVERLY K. had sold 20,000 shares worth $750,000 on Wednesday, September 7. Nocella Andrew P sold $6.97M worth of stock. The insider EBERWEIN ELISE R sold 89,556 shares worth $4.02M. 10,000 shares were sold by Leibman Maya, worth $363,432 on Wednesday, September 14. Another trade for 3,000 shares valued at $96,390 was bought by SCHIFTER RICHARD P.
About 5.16M shares traded hands. American Airlines Group Inc (NASDAQ:AAL) has risen 15.17% since April 21, 2016 and is uptrending. It has outperformed by 9.84% the S&P500.
American Airlines Group Inc. is a holding firm whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA). The company has a market cap of $24.01 billion. The Firm has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C. It has a 4.98 P/E ratio. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, the Company’s airline operates an average of approximately 6,700 flights per day to over 350 destinations in approximately 50 countries.
According to Zacks Investment Research, “American Airlines Group Inc. operates in the airline industry. The company provides scheduled passenger, freight and mail service primarily in North America, the Caribbean, Latin America, Europe and the Pacific. American Airlines Group Inc. is the holding company for American Airlines and US Airways. American Airlines Group Inc. is based in FORT WORTH TX.”
Analysts await American Airlines Group Inc (NASDAQ:AAL) to report earnings on February, 3. They expect $0.66 EPS, down 67.00% or $1.34 from last year’s $2 per share. AAL’s profit will be $341.74M for 17.56 P/E if the $0.66 EPS becomes a reality. After $2.80 actual EPS reported by American Airlines Group Inc for the previous quarter, Wall Street now forecasts -76.43% negative EPS growth.
More recent American Airlines Group Inc (NASDAQ:AAL) news were published by: Fool.com which released: “Why American Airlines Group, Inc. Stock Rose 10.9% in October” on November 02, 2016. Also Wsj.com published the news titled: “Unusual Failure in American Airlines’ Jet Engine Prompts Investigation” on October 30, 2016. Schaeffersresearch.com‘s news article titled: “Analyst Upgrades: American Airlines Group Inc, Delta Air Lines, Inc., and ..” with publication date: November 22, 2016 was also an interesting one.
American Airlines Group Inc. (AAG), incorporated on February 16, 1982, is a holding firm whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA) that operate under capacity purchase agreements as American Eagle.
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