Today’s Stock Alert: American Airlines Group Inc (NASDAQ:AAL) Institutional Investors Q2 2016 Sentiment

November 25, 2016 - By Clifton Ray   ·   0 Comments

Today's Stock Alert: American Airlines Group Inc (NASDAQ:AAL) Institutional Investors  Q2 2016 Sentiment

Sentiment for American Airlines Group Inc (NASDAQ:AAL)

American Airlines Group Inc (NASDAQ:AAL) institutional sentiment decreased to 0.46 in 2016 Q2. Its down -0.14, from 0.6 in 2016Q1. The ratio is negative, as 190 active investment managers increased and started new stock positions, while 317 reduced and sold their equity positions in American Airlines Group Inc. The active investment managers in our partner’s database now hold: 384.56 million shares, down from 421.82 million shares in 2016Q1. Also, the number of active investment managers holding American Airlines Group Inc in their top 10 stock positions decreased from 28 to 14 for a decrease of 14. Sold All: 111 Reduced: 206 Increased: 150 New Position: 40.

American Airlines Group Inc. is a holding firm whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA). The company has a market cap of $24.36 billion. The Firm has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C. It has a 5.02 P/E ratio. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, the Company’s airline operates an average of approximately 6,700 flights per day to over 350 destinations in approximately 50 countries.

About 1.17M shares traded hands. American Airlines Group Inc (NASDAQ:AAL) has risen 21.28% since April 22, 2016 and is uptrending. It has outperformed by 15.87% the S&P500.

Analysts await American Airlines Group Inc (NASDAQ:AAL) to report earnings on February, 3. They expect $0.66 earnings per share, down 67.00% or $1.34 from last year’s $2 per share. AAL’s profit will be $343.91M for 17.71 P/E if the $0.66 EPS becomes a reality. After $2.80 actual earnings per share reported by American Airlines Group Inc for the previous quarter, Wall Street now forecasts -76.43% negative EPS growth.

According to Zacks Investment Research, “American Airlines Group Inc. operates in the airline industry. The company provides scheduled passenger, freight and mail service primarily in North America, the Caribbean, Latin America, Europe and the Pacific. American Airlines Group Inc. is the holding company for American Airlines and US Airways. American Airlines Group Inc. is based in FORT WORTH TX.”

Kamunting Street Capital Management L.P. holds 13.75% of its portfolio in American Airlines Group Inc for 211,300 shares. Contrarian Capital Management L.L.C. owns 699,848 shares or 13.6% of their US portfolio. Moreover, Cyrus Capital Partners L.P. has 10.26% invested in the company for 3.84 million shares. The Illinois-based Tyvor Capital Llc has invested 6.11% in the stock. Stelliam Investment Management Lp, a New York-based fund reported 6.15 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 insider buy, and 9 selling transactions for $15.05 million net activity.

American Airlines Group Inc (NASDAQ:AAL) Ratings Coverage

Ratings analysis reveals 47% of American Airlines Group’s analysts are positive. Out of 19 Wall Street analysts rating American Airlines Group, 9 give it “Buy”, 4 “Sell” rating, while 6 recommend “Hold”. The lowest target is $28 while the high is $66. The stock’s average target of $44.31 is -5.22% below today’s ($46.75) share price. AAL was included in 32 notes of analysts from July 28, 2015. On Wednesday, October 12 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Monday, February 1, the company rating was upgraded by Cowen & Co. The stock of American Airlines Group Inc (NASDAQ:AAL) has “Overweight” rating given on Thursday, February 4 by JP Morgan. Credit Suisse maintained American Airlines Group Inc (NASDAQ:AAL) rating on Tuesday, April 12. Credit Suisse has “Outperform” rating and $49 price target. As per Tuesday, October 13, the company rating was downgraded by Evercore. The firm earned “Strong-Buy” rating on Thursday, August 27 by Vetr. Deutsche Bank downgraded the stock to “Hold” rating in Friday, April 1 report. The stock of American Airlines Group Inc (NASDAQ:AAL) earned “Outperform” rating by Imperial Capital on Wednesday, September 2. On Friday, October 21 the stock rating was maintained by Imperial Capital with “In-Line”. The stock has “Buy” rating given by Citigroup on Friday, November 18.

AAL Company Profile

American Airlines Group Inc. (AAG), incorporated on February 16, 1982, is a holding firm whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA) that operate under capacity purchase agreements as American Eagle.

More recent American Airlines Group Inc (NASDAQ:AAL) news were published by: Investorplace.com which released: “Did Buffett Buy American Airlines Group Inc (AAL) Stock? Not Exactly.” on November 15, 2016. Also Fool.com published the news titled: “Why American Airlines Group, Inc. Stock Rose 10.9% in October” on November 02, 2016. Wsj.com‘s news article titled: “Unusual Failure in American Airlines’ Jet Engine Prompts Investigation” with publication date: October 30, 2016 was also an interesting one.

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By Clifton Ray


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