Arcus Capital Partners LLC Decreases Stake in American Airlines Group Inc (AAL)

Andrew Cummings
October 12, 2017

Wolfe Research maintained American Airlines Group Inc (NASDAQ:AAL) on Friday, October 21 with "Outperform" rating. The stock of American Airlines Group Inc (NASDAQ:AAL) has "Hold" rating given on Tuesday, October 13 by Evercore. As per Wednesday, September 2, the company rating was upgraded by Vetr. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock.

9/15/2017-J P Morgan Chase & Co was Downgraded by analysts at J P Morgan Chase & Co from a "Overweight " rating to a " Neutral" rating. Morgan Stanley maintained the stock with "Equal-Weight" rating in Thursday, August 17 report. Citigroup maintained it with "Buy" rating and $67 target in Thursday, July 13 report. 138.74 million shares or 3.56% less from 143.87 million shares in 2017Q1 were reported. The company was maintained on Thursday, March 24 by Stifel Nicolaus. The firms that experience furthermost inflow in institutional ownership exhibited better performance all through 12-month phase. The per mile figure is a closely watched indicator of pricing power in the airline business, and even raising the third-quarter range by a half-point was enough to push American's shares higher. The stock declined 0.38% or $0.2 reaching $52.83 on the news. About 715,295 shares traded or 125.47% up from the average. It has outperformed by 37.78% the S&P500.

Analysts await Leucadia National Corp. Earnings per share serves as an indicator of a company's profitability. The Endurance Wealth Management Inc holds 169,797 shares with $8.46M value, up from 160,913 last quarter. AAL's profit will be $771.41 million for 8.34 P/E if the $1.58 EPS becomes a reality. Sit Associates Inc invested 0% in American Airlines Group Inc (NASDAQ:AAL).

American credited stronger than expected pricing, which J.P. Morgan said "may prove an important turning point" in investor sentiment. Its down 0.39, from 1.14 in 2017Q1.

Want to see what other hedge funds are holding AAL? 35 funds opened positions while 79 raised stakes. Strs Ohio reported 0% stake. 23,857 shares were sold by Leibman Maya, worth $1.13 million on Wednesday, May 10. Kings Point holds 0.01% or 475 shares in its portfolio. Moreover, Bell Fincl Bank has 0.18% invested in Chemed Corporation (NYSE:CHE) for 2,517 shares. (NYSE:LUK) for 655,025 shares. 103,983 are held by Jefferies Ltd. Kentucky Retirement stated it has 31,577 shares. Metropolitan Life Insur invested in 0.09% or 246,122 shares. Fund Mgmt Sa accumulated 0.01% or 13,392 shares. (NYSE:LUK). Balyasny Asset Management Limited Liability Company invested in 16,750 shares. Glendon Cap Limited Partnership accumulated 1.12% or 86,751 shares. It also upped American Express Company (NYSE:AXP) stake by 52,710 shares and now owns 3.40 million shares. Copart Inc (NASDAQ:CPRT) was raised too.

Investors sentiment increased to 1.18 in 2017 Q2. Its down 0.03, from 0.94 in 2017Q1. Hancock Holdg Com reported 3,300 shares or 0.03% of all its holdings. Panagora Asset Inc holds 0% or 133 shares. Public Employees Retirement Association Of Colorado owns 37,189 shares. Burney holds 6,087 shares. American Airls Group Inc now has $25.73B valuation. Bnp Paribas Asset Management Holdings Sa has 0.05% invested in American Airlines Group Inc (NASDAQ:AAL) for 101,809 shares.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, April 27th. Thompson Siegel & Walmsley Limited Liability Corp holds 0% or 2,106 shares in its portfolio. Da Davidson invested in 902 shares. Sit Inv Assocs has 54 shares. Herndon Cap Mngmt Lc has invested 0% in American Airlines Group Inc (NASDAQ:AAL). Fiera Capital has 65,248 shares for 0.07% of their portfolio. Paloma Partners Management stated it has 118,145 shares or 0.07% of all its holdings. Moreover, Geneva Lc has 0% invested in American Airlines Group Inc (NASDAQ:AAL) for 4,740 shares. Bernstein upgraded American Airlines Group Inc (NASDAQ:AAL) on Monday, February 6 to "Mkt Perform" rating.

Institutional investors now hold around $20.2 billion or 83.8% in AAL stock. It has a 28.98 P/E ratio. The Firm operates through American segment, which provides air transportation for passengers and cargo.

Since May 4, 2017, it had 1 insider purchase, and 3 selling transactions for $7.87 million activity. The stock was sold at an average price of $46.76, for a total value of $162,537.76. Finally, Imperial Capital reiterated an "in-line" rating and issued a $49.00 price objective (up previously from $43.00) on shares of American Airlines Group in a report on Sunday, July 23rd. 14, 2017. These shares are worth $162,538 and were traded at $46.76 each. (NASDAQ:AAL) has seen its SMA20 which is now 11.35%.

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