Natixis Advisors LLC Buys Shares of 32,467 American Airlines Group Inc. (NASDAQ:AAL)

Natixis Advisors LLC bought a new stake in American Airlines Group Inc. (NASDAQ:AAL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 32,467 shares of the airline’s stock, valued at approximately $365,000.

Several other large investors also recently bought and sold shares of the company. Blue Trust Inc. boosted its stake in shares of American Airlines Group by 56.2% during the third quarter. Blue Trust Inc. now owns 2,533 shares of the airline’s stock valued at $29,000 after acquiring an additional 911 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of American Airlines Group by 404.3% during the second quarter. UMB Bank n.a. now owns 2,824 shares of the airline’s stock valued at $32,000 after acquiring an additional 2,264 shares during the last quarter. ORG Partners LLC acquired a new stake in shares of American Airlines Group during the second quarter valued at $36,000. Sentry Investment Management LLC acquired a new stake in shares of American Airlines Group during the second quarter valued at $36,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of American Airlines Group during the second quarter valued at $43,000. Institutional investors and hedge funds own 52.44% of the company’s stock.

American Airlines Group Stock Performance

Shares of NASDAQ:AAL opened at $14.64 on Friday. The company has a market cap of $9.62 billion, a P/E ratio of 44.36, a PEG ratio of 0.27 and a beta of 1.39. American Airlines Group Inc. has a one year low of $9.07 and a one year high of $16.15. The business’s 50-day simple moving average is $12.92 and its 200 day simple moving average is $11.81.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, beating the consensus estimate of $0.16 by $0.14. The business had revenue of $13.65 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the business posted $0.38 EPS. Analysts predict that American Airlines Group Inc. will post 1.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AAL. BNP Paribas upgraded American Airlines Group to a “hold” rating in a research report on Thursday, September 19th. Susquehanna increased their target price on American Airlines Group from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. UBS Group downgraded American Airlines Group from a “buy” rating to a “neutral” rating and set a $16.00 target price on the stock. in a research report on Tuesday. Citigroup increased their target price on American Airlines Group from $16.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Jefferies Financial Group increased their target price on American Airlines Group from $10.00 to $11.00 and gave the stock a “hold” rating in a research report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $13.93.

American Airlines Group 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.