American Airlines Group Inc Has Another Very Positive Options Trading Session

 American Airlines Group Inc Has Another Very Positive Options Trading Session

In today’s session American Airlines Group Inc (AAL) registered an unusually high (2,001) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious AAL increase. With 2,001 contracts traded and 166144 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: AAL180119C00060000 closed last at: $2.49 or 2.9% up. About 620,624 shares traded hands. American Airlines Group Inc (NASDAQ:AAL) has risen 26.54% since April 25, 2016 and is uptrending. It has outperformed by 20.53% the S&P500.

Analysts await American Airlines Group Inc (NASDAQ:AAL) to report earnings on February, 3. They expect $0.66 EPS, down 67.00% or $1.34 from last year’s $2 per share. AAL’s profit will be $345.50M for 17.58 P/E if the $0.66 EPS becomes a reality. After $2.80 actual EPS reported by American Airlines Group Inc for the previous quarter, Wall Street now forecasts -76.43% negative EPS growth.

American Airlines Group Inc (NASDAQ:AAL) Ratings Coverage

Out of 19 analysts covering American Airlines Group (NASDAQ:AAL), 9 rate it a “Buy”, 4 “Sell”, while 6 “Hold”. This means 47% are positive. $66 is the highest target while $28 is the lowest. The $44.31 average target is -4.55% below today’s ($46.42) stock price. American Airlines Group has been the topic of 32 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Vetr downgraded American Airlines Group Inc (NASDAQ:AAL) on Thursday, August 27 to “Strong-Buy” rating. The rating was maintained by Imperial Capital on Friday, October 21 with “In-Line”. As per Wednesday, November 25, the company rating was downgraded by HSBC. The stock of American Airlines Group Inc (NASDAQ:AAL) has “Underperform” rating given on Tuesday, October 11 by Bernstein. The company was maintained on Wednesday, September 2 by Imperial Capital. Credit Suisse upgraded it to “Outperform” rating and $57 target price in Thursday, January 7 report. UBS upgraded the stock to “Buy” rating in Wednesday, January 27 report. Cowen & Co upgraded American Airlines Group Inc (NASDAQ:AAL) rating on Monday, February 1. Cowen & Co has “Outperform” rating and $48 price target. Vetr upgraded American Airlines Group Inc (NASDAQ:AAL) on Wednesday, September 2 to “Strong-Buy” rating. The firm has “Hold” rating by Deutsche Bank given on Friday, April 1.

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.”

Insitutional Activity: The institutional sentiment decreased to 0.46 in Q2 2016. Its down 0.14, from 0.6 in 2016Q1. The ratio dived, 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.
Princeton Cap Management owns 59,195 shares or 1.16% of their US portfolio. Brandywine Glob Invest Management Ltd Liability Com holds 0.72% of its portfolio in American Airlines Group Inc (NASDAQ:AAL) for 3.76 million shares. Brave Asset Mgmt has 1.04% invested in the company for 54,780 shares. The Illinois-based Envestnet Asset Management Incorporated has invested 0.01% in American Airlines Group Inc (NASDAQ:AAL). Cap Advisers Ltd Com holds 0.01% or 45,286 shares in its portfolio. Commonwealth Of Pennsylvania School Empls Retrmt Systems, a Pennsylvania-based fund reported 46,293 shares. Pnc Fincl Gru accumulated 19,168 shares or 0% of the stock. Ls Advisors Ltd Co holds 21,874 shares or 0.04% of its portfolio. Oppenheimer last reported 0.14% of its portfolio in the stock. Mycio Wealth Limited Com accumulated 1,060 shares or 0.01% of the stock. Pinnacle Ltd Liability holds 11,453 shares or 0% of its portfolio. Lee Danner Bass has 37,331 shares for 0.13% of their US portfolio. Aviva Public Limited Com holds 130,881 shares or 0.03% of its portfolio. Sigma Planning holds 0.05% or 14,644 shares in its portfolio. Schwab Charles Invest Management accumulated 0.06% or 1.57 million shares.

Insider Transactions: Since June 13, 2016, the stock had 1 buying transaction, and 9 selling transactions for $15.05 million net activity. 171,383 shares were sold by Nocella Andrew P, worth $6.97 million on Monday, October 31. 89,556 American Airlines Group Inc (NASDAQ:AAL) shares with value of $4.02 million were sold by EBERWEIN ELISE R. $96,390 worth of American Airlines Group Inc (NASDAQ:AAL) shares were bought by SCHIFTER RICHARD P. $463,500 worth of American Airlines Group Inc (NASDAQ:AAL) was sold by Leibman Maya. GOULET – BEVERLY K. sold $750,000 worth of American Airlines Group Inc (NASDAQ:AAL) on Wednesday, September 7.

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 $24.30 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 4.99 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.

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: Fool.com which released: “Why American Airlines Group, Inc. Stock Rose 10.9% in October” on November 02, 2016. Also Investorplace.com published the news titled: “Did Buffett Buy American Airlines Group Inc (AAL) Stock? Not Exactly.” on November 15, 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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