American Airlines Group, Inc. (NASDAQ:AAL) EVP Maya Leibman sold 10,000 shares of American Airlines Group stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $47.97, for a total transaction of $479,700.00. Following the transaction, the executive vice president now directly owns 161,476 shares in the company, valued at $7,746,003.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

American Airlines Group, Inc. (NASDAQ:AAL) traded up 0.95% during midday trading on Monday, hitting $48.81. 2,996,459 shares of the stock traded hands. The company has a 50-day moving average price of $51.02 and a 200 day moving average price of $46.86. American Airlines Group, Inc. has a one year low of $33.90 and a one year high of $54.48. The stock has a market cap of $23.77 billion, a price-to-earnings ratio of 12.12 and a beta of 0.96.

American Airlines Group (NASDAQ:AAL) last issued its earnings results on Friday, July 28th. The airline reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.05. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The business had revenue of $11.11 billion during the quarter, compared to analysts’ expectations of $11.08 billion. During the same quarter in the prior year, the business posted $1.77 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities research analysts anticipate that American Airlines Group, Inc. will post $5.12 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Stockholders of record on Monday, August 14th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Thursday, August 10th. American Airlines Group’s payout ratio is 9.88%.

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Several hedge funds and other institutional investors have recently modified their holdings of the stock. MCF Advisors LLC bought a new position in shares of American Airlines Group during the second quarter valued at about $106,000. First Manhattan Co. boosted its position in shares of American Airlines Group by 3.3% in the second quarter. First Manhattan Co. now owns 2,380 shares of the airline’s stock valued at $119,000 after buying an additional 75 shares during the last quarter. D. Scott Neal Inc. bought a new position in shares of American Airlines Group during the second quarter valued at about $120,000. Huntington National Bank boosted its position in shares of American Airlines Group by 71.9% in the second quarter. Huntington National Bank now owns 2,629 shares of the airline’s stock valued at $132,000 after buying an additional 1,100 shares during the last quarter. Finally, FNY Managed Accounts LLC boosted its position in shares of American Airlines Group by 146.9% in the second quarter. FNY Managed Accounts LLC now owns 2,810 shares of the airline’s stock valued at $141,000 after buying an additional 1,672 shares during the last quarter. Institutional investors and hedge funds own 81.22% of the company’s stock.

Several equities analysts recently issued reports on the stock. Zacks Investment Research lowered shares of American Airlines Group from a “buy” rating to a “hold” rating in a report on Monday, August 7th. Sanford C. Bernstein reissued a “hold” rating on shares of American Airlines Group in a report on Monday, August 7th. Bank of America Corporation raised their target price on shares of American Airlines Group to $61.00 and gave the company a “neutral” rating in a research note on Tuesday, August 1st. J P Morgan Chase & Co upgraded shares of American Airlines Group from a “neutral” rating to an “overweight” rating and raised their target price for the company from $52.00 to $61.00 in a research note on Tuesday, August 1st. Finally, Buckingham Research restated a “buy” rating and issued a $70.00 target price (up from $68.00) on shares of American Airlines Group in a research note on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. American Airlines Group has an average rating of “Hold” and an average price target of $53.57.

About American Airlines Group

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Insider Buying and Selling by Quarter for American Airlines Group (NASDAQ:AAL)

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