Dividend Worth Mentioning: $0.10 dividends are now a reality for American Airlines Group, Inc. (NASDAQ:AAL) shareholders. Here’s why.

Dividend Worth Mentioning: $0.10 dividends are now a reality for American Airlines Group, Inc. (NASDAQ:AAL) shareholders. Here's why.

American Airlines Group, Inc. (NASDAQ:AAL) is expected to pay $0.10 on Nov 21, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on American Airlines Group, Inc.’s current price of $39.77, the dividend is 0.25%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 20, 2016. The stock decreased 2.04% or $0.83 during the last trading session, hitting $39.77. American Airlines Group Inc (NASDAQ:AAL) has declined 2.95% since March 31, 2016 and is downtrending. It has underperformed by 5.47% the S&P500.

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 $20.88 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 4.27 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.

Insitutional Activity: The institutional sentiment decreased to 0.6 in Q2 2016. Its down 0.02, from 0.62 in 2016Q1. The ratio worsened, as 111 funds sold all American Airlines Group Inc shares owned while 206 reduced positions. 40 funds bought stakes while 150 increased positions. They now own 384.56 million shares or 8.83% less from 421.82 million shares in 2016Q1.
Estabrook Cap Mgmt, a New York-based fund reported 1,000 shares. Moreover, Henderson Grp Inc Pcl has 0% invested in American Airlines Group Inc (NASDAQ:AAL) for 16,598 shares. Thompson Siegel And Walmsley Ltd Co holds 0% of its portfolio in American Airlines Group Inc (NASDAQ:AAL) for 1,500 shares. Us Bank De has 0% invested in the company for 18,563 shares. Moreover, Cna Fin has 0.65% invested in American Airlines Group Inc (NASDAQ:AAL) for 92,200 shares. Sector Pension Board last reported 0.03% of its portfolio in the stock. Pnc Financial Gru has 19,168 shares for 0% of their US portfolio. Palisade Cap Lc Nj last reported 0.01% of its portfolio in the stock. The New York-based Cibc Mkts has invested 0.03% in American Airlines Group Inc (NASDAQ:AAL). Ajo Limited Partnership accumulated 4.01 million shares or 0.5% of the stock. Western Asset Mgmt Company holds 13,003 shares or 0.17% of its portfolio. Blair William Il, a Illinois-based fund reported 15,061 shares. Moreover, King Luther Management Corp has 0.01% invested in American Airlines Group Inc (NASDAQ:AAL) for 33,865 shares. Parametric Port Associate Ltd Liability Corp holds 0.03% or 736,881 shares in its portfolio. National Bank Of Montreal Can owns 749,125 shares or 0.02% of their US portfolio.

Insider Transactions: Since June 13, 2016, the stock had 1 buying transaction, and 4 insider sales for $3.17 million net activity. Shares for $750,000 were sold by GOULET – BEVERLY K. on Wednesday, September 7. 10,000 shares were sold by Leibman Maya, worth $363,432. SCHIFTER RICHARD P also bought $96,390 worth of American Airlines Group Inc (NASDAQ:AAL) shares.

American Airlines Group Inc (NASDAQ:AAL) Ratings Coverage

Out of 18 analysts covering American Airlines Group (NASDAQ:AAL), 8 rate it a “Buy”, 4 “Sell”, while 6 “Hold”. This means 44% are positive. $66 is the highest target while $28 is the lowest. The $43.81 average target is 10.16% above today’s ($39.77) stock price. American Airlines Group has been the topic of 30 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of American Airlines Group Inc (NASDAQ:AAL) earned “Strong-Buy” rating by Vetr on Thursday, August 27. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, April 12. The firm has “Buy” rating by Deutsche Bank given on Tuesday, September 1. Imperial Capital maintained American Airlines Group Inc (NASDAQ:AAL) rating on Wednesday, September 2. Imperial Capital has “Outperform” rating and $65 price target. Bank of America downgraded the shares of AAL in a report on Thursday, June 16 to “Underperform” rating. The firm has “Strong-Buy” rating given on Wednesday, September 2 by Vetr. As per Wednesday, October 12, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Deutsche Bank with “Buy” on Monday, October 12. The company was upgraded on Tuesday, August 11 by Zacks. As per Thursday, March 24, the company rating was maintained by Stifel Nicolaus.

More notable recent American Airlines Group Inc (NASDAQ:AAL) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Texas Instruments, American Airlines Group and Waste …” on November 01, 2016, also Wsj.com with their article: “Unusual Failure in American Airlines’ Jet Engine Prompts Investigation” published on October 30, 2016, Reuters.com published: “BRIEF-American Airlines Group Inc & American Airlines Inc entered into a f…” on November 01, 2016. More interesting news about American Airlines Group Inc (NASDAQ:AAL) were released by: Bloomberg.com and their article: “American Airlines’ Profit-Margin Outlook Called ‘Uninspiring'” published on October 20, 2016 as well as Etfdailynews.com‘s news article titled: “American Airlines Group Inc Q3 Profit Blows Away Expectations” with publication date: October 20, 2016.

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.

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