Morgan Stanley Reiterates “Equal Weight” Rating for American Airlines Group, Inc. (AAL)

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Friday, July 28th. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The airline reported $1.92 EPS for the quarter, beating the Zacks’ consensus estimate of $1.87 by $0.05.

On August 1 the company was upgraded to “Overweight” from “Overweight” in a report issued by JP Morgan. First Manhattan Co. boosted its position in American Airlines Group by 3.3% in the second quarter. First Manhattan Co. increased its stake in shares of American Airlines Group by 3.3% in the second quarter.

In the market the company is trading down by -0.79 percent from yesterday’s close. The company has a 50-day moving average price of $50.76 and a 200-day moving average price of $46.59. The New York-based Metropolitan Life Insur New York has invested 0.09% in American Airlines Group Inc (NASDAQ:AAL). The stock of American Airlines Group Inc (NASDAQ:AAL) earned “Strong-Buy” rating by Vetr on Wednesday, September 2. Gateway Investment Advisers LLC now owns 402,565 shares of the airline’s stock valued at $17,028,000 after buying an additional 16,784 shares in the last quarter. BidaskClub upgraded shares of American Airlines Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 8th. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. MCF Advisors LLC purchased a new position in American Airlines Group during the second quarter valued at $106,000. Finally, LSV Asset Management raised its stake in American Airlines Group by 34.3% in the first quarter. BlackRock Inc. now owns 28,607,876 shares of the airline’s stock worth $1,210,114,000 after buying an additional 27,977,045 shares in the last quarter. The company’s sales went up 7.2% compared with the same period in the prior year. financial stock experts expect that American Airlines Group to post $5.12 earnings per share for the full year. After this trade, the EVP has an ownership of 312,368 stocks in the company, assessed at roughly $15,727,728.80. The company now has an average rating of “Hold” and a consensus price target of $53.57. During the same quarter past year, the firm posted $1.77 EPS. The California-based Wells Fargo And Mn has invested 0.02% in American Airlines Group Inc (NASDAQ:AAL).

A number of equities analysts have recently weighed in on AAL shares. Following the completion of the transaction, the vice president now owns 591,195 shares of the company’s stock, valued at $29,559,750. On July 13 Citigroup made no change to the company rating of “Buy” and moved up the price target to $67.00 from $55.00. The Stelliam Investment Management Lp holds 1.72M shares with $12.04M value, up from 535,000 last quarter. The shares were sold at an average price of $49.74, for a total transaction of $1,661,316.00. Evanson Asset Management LLC increased its stake in shares of American Airlines Group by 6.5% in the first quarter. Moore Capital Management Lp sold 25,000 shares as American Airlines Group Inc (AAL)’s stock declined 3.60%. Thrivent Financial For Lutherans raised its stake in American Airlines Group by 0.6% in the second quarter. It increased, as 45 investors sold BK shares while 317 reduced holdings. Also, EVP Elise R. Eberwein sold 33,400 shares of the business’s stock in a transaction dated Friday, June 2nd. The disclosure for this sale can be found here. The business had revenue of $11.11 billion for the quarter, compared to the consensus estimate of $11.08 billion. Over the last quarter, insiders have sold 187,623 shares of company stock worth $9,389,966. Stockholders of record on Monday, August 14th will be paid a $0.10 dividend. The dividend yield will be $0.81. The ex-dividend date of this dividend is Thurs, Aug 10th. this indicates a $0.40 annual dividend and a payout of 0.82%. Imperial Capital maintained American Airlines Group Inc (NASDAQ:AAL) on Tuesday, November 22 with “In-Line” rating.

Hedge funds and other institutional investors own 81.51% of the company’s stock.

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