Quinn Opportunity Partners LLC Has $4.51 Million Stock Holdings in American Airlines Group Inc. $AAL

Quinn Opportunity Partners LLC trimmed its holdings in American Airlines Group Inc. (NASDAQ:AAL) by 41.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 401,978 shares of the airline’s stock after selling 290,000 shares during the quarter. Quinn Opportunity Partners LLC’s holdings in American Airlines Group were worth $4,510,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Nearwater Capital Markets Ltd bought a new stake in American Airlines Group in the first quarter worth $29,012,000. Nuveen LLC acquired a new position in shares of American Airlines Group during the 1st quarter valued at about $15,677,000. Federated Hermes Inc. raised its stake in shares of American Airlines Group by 305.8% in the 1st quarter. Federated Hermes Inc. now owns 1,499,338 shares of the airline’s stock valued at $15,818,000 after acquiring an additional 1,129,845 shares in the last quarter. LSV Asset Management raised its stake in shares of American Airlines Group by 158.6% in the 1st quarter. LSV Asset Management now owns 1,686,086 shares of the airline’s stock valued at $17,788,000 after acquiring an additional 1,034,179 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its position in American Airlines Group by 105.8% during the first quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 52,676 shares of the airline’s stock worth $556,000 after purchasing an additional 960,880 shares during the period. Institutional investors own 52.44% of the company’s stock.

Wall Street Analysts Forecast Growth

AAL has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of American Airlines Group from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday. Bank of America boosted their target price on shares of American Airlines Group from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 18th. Evercore ISI increased their price target on shares of American Airlines Group from $13.00 to $14.00 and gave the company an “in-line” rating in a report on Monday, September 29th. UBS Group boosted their price objective on shares of American Airlines Group from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Finally, JPMorgan Chase & Co. upped their price objective on shares of American Airlines Group from $17.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $16.65.

American Airlines Group Stock Down 2.4%

Shares of AAL opened at $12.99 on Wednesday. The company has a 50-day moving average price of $12.43 and a two-hundred day moving average price of $11.96. The stock has a market cap of $8.57 billion, a price-to-earnings ratio of 15.10, a P/E/G ratio of 1.73 and a beta of 1.36. American Airlines Group Inc. has a 12 month low of $8.50 and a 12 month high of $19.10.

American Airlines Group (NASDAQ:AAL) last issued its earnings results on Thursday, October 23rd. The airline reported ($0.17) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.10. The business had revenue of $13.69 billion during the quarter, compared to analysts’ expectations of $13.65 billion. American Airlines Group had a negative return on equity of 18.14% and a net margin of 1.11%.American Airlines Group’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.30 EPS. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS. FY 2025 guidance at 0.650-0.950 EPS. Equities research analysts expect that American Airlines Group Inc. will post 2.42 EPS for the current fiscal 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.