Compton Capital Management Inc. RI Has $1.75 Million Position in American Airlines Group, Inc. (AAL)

Compton Capital Management Inc. RI increased its stake in shares of American Airlines Group, Inc. (NASDAQ:AAL) by 5.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 41,425 shares of the airline’s stock after buying an additional 2,225 shares during the period. Compton Capital Management Inc. RI’s holdings in American Airlines Group were worth $1,752,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Intellectus Partners LLC purchased a new stake in shares of American Airlines Group during the fourth quarter valued at about $209,000. Pinnacle Associates Ltd. purchased a new stake in shares of American Airlines Group during the fourth quarter valued at about $214,000. Shikiar Asset Management Inc. purchased a new stake in shares of American Airlines Group during the first quarter valued at about $207,000. Wetherby Asset Management Inc. purchased a new stake in shares of American Airlines Group during the fourth quarter valued at about $233,000. Finally, Pacific Global Investment Management CO purchased a new stake in shares of American Airlines Group during the fourth quarter valued at about $234,000. 82.01% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

American Airlines Group, Inc. (NASDAQ:AAL) traded down 0.65% during midday trading on Friday, reaching $48.79. 6,622,111 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $47.16 and a 200 day moving average price of $45.95. American Airlines Group, Inc. has a 52 week low of $24.85 and a 52 week high of $51.95. The company has a market cap of $24.03 billion, a price-to-earnings ratio of 11.70 and a beta of 0.97.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Thursday, April 27th. The airline reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.04. American Airlines Group had a net margin of 5.47% and a return on equity of 81.88%. The company had revenue of $9.62 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter last year, the firm posted $1.25 EPS. The company’s quarterly revenue was up 2.0% on a year-over-year basis. Analysts anticipate that American Airlines Group, Inc. will post $4.87 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 30th. Stockholders of record on Saturday, May 6th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date was Friday, May 12th. American Airlines Group’s dividend payout ratio (DPR) is presently 9.76%.

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Several brokerages have issued reports on AAL. Vetr raised shares of American Airlines Group from a “buy” rating to a “strong-buy” rating and set a $53.62 target price on the stock in a research note on Tuesday, May 23rd. Cowen and Company reissued an “outperform” rating on shares of American Airlines Group in a research note on Friday, April 14th. Morgan Stanley reaffirmed an “overweight” rating and issued a $53.00 price target on shares of American Airlines Group in a research note on Wednesday, February 22nd. Barclays PLC reaffirmed an “equal weight” rating on shares of American Airlines Group in a research note on Friday, May 19th. Finally, Imperial Capital reaffirmed an “in-line” rating and issued a $43.00 price target on shares of American Airlines Group in a research note on Friday, May 19th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. American Airlines Group has an average rating of “Hold” and an average target price of $46.31.

In related news, VP Derek J. Kerr sold 104,223 shares of American Airlines Group stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $50.00, for a total transaction of $5,211,150.00. Following the completion of the sale, the vice president now owns 591,195 shares of the company’s stock, valued at approximately $29,559,750. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James F. Albaugh bought 3,000 shares of American Airlines Group stock in a transaction that occurred on Thursday, May 4th. The shares were bought at an average cost of $43.85 per share, with a total value of $131,550.00. Following the acquisition, the director now directly owns 14,737 shares in the company, valued at approximately $646,217.45. The disclosure for this purchase can be found here. In the last three months, insiders sold 161,480 shares of company stock valued at $7,999,471. Insiders own 0.64% of the company’s stock.

American Airlines Group Company Profile

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.

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