Stratos Wealth Partners LTD. Has $222,000 Stock Position in American Airlines Group Inc. (NASDAQ:AAL)

Stratos Wealth Partners LTD. cut its position in American Airlines Group Inc. (NASDAQ:AAL) by 76.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,723 shares of the airline’s stock after selling 40,502 shares during the period. Stratos Wealth Partners LTD.’s holdings in American Airlines Group were worth $222,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group boosted its holdings in shares of American Airlines Group by 133.1% in 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 in the last quarter. Blue Trust Inc. boosted its stake in American Airlines Group by 56.2% in the third quarter. Blue Trust Inc. now owns 2,533 shares of the airline’s stock worth $29,000 after purchasing an additional 911 shares in the last quarter. Point72 Hong Kong Ltd bought a new stake in shares of American Airlines Group during the third quarter worth $55,000. KBC Group NV increased its stake in shares of American Airlines Group by 55.8% in the third quarter. KBC Group NV now owns 6,152 shares of the airline’s stock valued at $69,000 after buying an additional 2,204 shares in the last quarter. Finally, Heck Capital Advisors LLC bought a new position in shares of American Airlines Group in the fourth quarter valued at about $98,000. 52.44% of the stock is owned by institutional investors.

American Airlines Group Stock Down 3.2 %

Shares of NASDAQ:AAL opened at $15.74 on Friday. American Airlines Group Inc. has a 12-month low of $9.07 and a 12-month high of $19.10. The company’s 50 day moving average price is $17.32 and its two-hundred day moving average price is $13.80. The firm has a market cap of $10.34 billion, a PE ratio of 13.81, a PEG ratio of 0.24 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates 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%. On average, research analysts expect that American Airlines Group Inc. will post 2.39 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on AAL shares. Barclays boosted their target price on shares of American Airlines Group from $16.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Friday, December 6th. Seaport Res Ptn upgraded shares of American Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $15.00 price objective on shares of American Airlines Group in a research report on Friday, November 15th. StockNews.com upgraded American Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 29th. Finally, Melius raised American Airlines Group from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, American Airlines Group presently has a consensus rating of “Moderate Buy” and an average target price of $18.88.

Insider Transactions at American Airlines Group

In related news, SVP Angela Owens sold 51,906 shares of the business’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $17.15, for a total transaction of $890,187.90. Following the sale, the senior vice president now owns 112,412 shares in the company, valued at $1,927,865.80. The trade was a 31.59 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of the company’s stock in a transaction that occurred on 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 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. This represents a 3.34 % decrease in their position. The disclosure for this sale can be found here. 0.49% of the stock is 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.