Twin Capital Management Inc. Sells 25,178 Shares of American Airlines Group Inc. (NASDAQ:AAL)

Twin Capital Management Inc. lowered its stake in American Airlines Group Inc. (NASDAQ:AAL) by 28.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,820 shares of the airline’s stock after selling 25,178 shares during the period. Twin Capital Management Inc.’s holdings in American Airlines Group were worth $877,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Franklin Resources Inc. boosted its holdings in American Airlines Group by 6.7% in the second quarter. Franklin Resources Inc. now owns 12,311 shares of the airline’s stock valued at $156,000 after acquiring an additional 771 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in American Airlines Group by 6.1% in the second quarter. Sunbelt Securities Inc. now owns 14,930 shares of the airline’s stock valued at $268,000 after acquiring an additional 855 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in American Airlines Group by 3.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 23,952 shares of the airline’s stock valued at $307,000 after acquiring an additional 888 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in American Airlines Group by 38.4% in the first quarter. First Horizon Advisors Inc. now owns 3,331 shares of the airline’s stock valued at $49,000 after acquiring an additional 924 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in American Airlines Group by 2.7% in the second quarter. Captrust Financial Advisors now owns 37,085 shares of the airline’s stock valued at $665,000 after acquiring an additional 976 shares in the last quarter. Institutional investors own 52.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AAL. Barclays lifted their price target on shares of American Airlines Group from $13.00 to $14.00 and gave the company an “underweight” rating in a report on Friday, January 26th. UBS Group initiated coverage on American Airlines Group in a research report on Wednesday, March 20th. They set a “buy” rating and a $19.00 price objective for the company. Seaport Res Ptn raised American Airlines Group from a “neutral” rating to a “buy” rating in a research report on Friday, January 26th. Wolfe Research raised American Airlines Group from a “peer perform” rating to an “outperform” rating and set a $17.00 price objective for the company in a research report on Monday, January 22nd. Finally, JPMorgan Chase & Co. raised their price objective on American Airlines Group from $19.00 to $22.00 and gave the company an “overweight” rating in a research report on Friday, January 26th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $17.53.

American Airlines Group Price Performance

AAL opened at $14.02 on Friday. American Airlines Group Inc. has a 1 year low of $10.86 and a 1 year high of $19.08. The stock has a 50-day moving average price of $14.56 and a 200-day moving average price of $13.56. The firm has a market cap of $9.18 billion, a PE ratio of 12.75, a P/E/G ratio of 0.11 and a beta of 1.57.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Thursday, January 25th. The airline reported $0.29 EPS for the quarter, topping the consensus estimate of $0.11 by $0.18. American Airlines Group had a negative return on equity of 36.28% and a net margin of 1.56%. The company had revenue of $13.06 billion during the quarter, compared to the consensus estimate of $13.01 billion. During the same period last year, the company earned $1.17 EPS. American Airlines Group’s revenue for the quarter was down 1.0% on a year-over-year basis. As a group, sell-side analysts anticipate that American Airlines Group Inc. will post 2.45 EPS for the current year.

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.