Susquehanna Has Lowered Expectations for American Airlines Group (NASDAQ:AAL) Stock Price

American Airlines Group (NASDAQ:AAL) had its price target decreased by analysts at Susquehanna from $20.00 to $18.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the airline’s stock. Susquehanna’s target price would suggest a potential upside of 6.13% from the company’s current price.

Other research analysts also recently issued research reports about the company. The Goldman Sachs Group reiterated a “neutral” rating and set a $15.00 price target on shares of American Airlines Group in a research note on Friday, November 15th. Melius upgraded American Airlines Group from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research note on Monday, January 6th. Citigroup increased their price target on American Airlines Group from $19.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Morgan Stanley raised their target price on American Airlines Group from $18.00 to $22.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. Finally, TD Cowen upgraded American Airlines Group from a “hold” rating to a “buy” rating and raised their target price for the stock from $17.00 to $25.00 in a research note on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.88.

American Airlines Group Price Performance

Shares of American Airlines Group stock opened at $16.96 on Tuesday. American Airlines Group has a 1 year low of $9.07 and a 1 year high of $19.10. The firm has a market cap of $11.14 billion, a PE ratio of 14.88, a P/E/G ratio of 0.24 and a beta of 1.35. The stock has a fifty day moving average price of $17.11 and a 200-day moving average price of $13.59.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.47. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. As a group, equities analysts anticipate that American Airlines Group will post 2.39 EPS for the current fiscal year.

Insider Activity

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

Hedge Funds Weigh In On American Airlines Group

Large investors have recently bought and sold shares of the stock. Oregon Public Employees Retirement Fund lifted its position in American Airlines Group by 0.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 133,774 shares of the airline’s stock worth $2,332,000 after acquiring an additional 774 shares during the period. Brooklyn Investment Group lifted its position in American Airlines Group by 133.1% during the 4th quarter. Brooklyn Investment Group now owns 1,592 shares of the airline’s stock worth $28,000 after acquiring an additional 909 shares during the period. Blue Trust Inc. lifted its position in American Airlines Group by 56.2% during the 3rd quarter. Blue Trust Inc. now owns 2,533 shares of the airline’s stock worth $29,000 after acquiring an additional 911 shares during the period. CIBC Asset Management Inc lifted its position in American Airlines Group by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 19,987 shares of the airline’s stock worth $348,000 after acquiring an additional 981 shares during the period. Finally, Quent Capital LLC lifted its position in American Airlines Group by 70.2% during the 4th quarter. Quent Capital LLC now owns 3,064 shares of the airline’s stock worth $53,000 after acquiring an additional 1,264 shares during the period. 52.44% of the stock is owned by hedge funds and other institutional investors.

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.