Tyvor Capital buys $40,089,535 stake in American Airlines Group Inc (AAL)

American Airlines Group Inc (AAL) : Tyvor Capital scooped up 244,701 additional shares in American Airlines Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 923,722 shares of American Airlines Group Inc which is valued at $40,089,535.American Airlines Group Inc makes up approximately 9.67% of Tyvor Capital’s portfolio.

Other Hedge Funds, Including , Vanguard Group Inc reduced its stake in AAL by selling 2,415,489 shares or 7.21% in the most recent quarter. The Hedge Fund company now holds 31,091,977 shares of AAL which is valued at $1,349,391,802. American Airlines Group Inc makes up approx 0.08% of Vanguard Group Inc’s portfolio.Daiwa Securities Group reduced its stake in AAL by selling 1,610 shares or 3.98% in the most recent quarter. The Hedge Fund company now holds 38,880 shares of AAL which is valued at $1,545,091. American Airlines Group Inc makes up approx 0.01% of Daiwa Securities Group’s portfolio.

American Airlines Group Inc opened for trading at $46.15 and hit $46.49 on the upside on Monday, eventually ending the session at $46.26, with a gain of 0.94% or 0.43 points. The heightened volatility saw the trading volume jump to 77,95,053 shares. Company has a market cap of $23,968 M.

On the company’s financial health, American Airlines Group Inc reported $2.80 EPS for the quarter, beating the analyst consensus estimate by $ 1.10 according to the earnings call on Oct 20, 2016. Analyst had a consensus of $1.70. The company had revenue of $10594.00 million for the quarter, compared to analysts expectations of $10560.01 million. The company’s revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.77 EPS.

Many Wall Street Analysts have commented on American Airlines Group Inc. American Airlines Group Inc was Initiated by Citigroup to “Buy” on Nov 18, 2016. Company shares were Reiterated by Imperial Capital on Oct 21, 2016 to “In-line”, Firm has raised the Price Target to $ 43 from a previous price target of $40 .Shares were Reiterated by Stifel on Oct 12, 2016 to “Buy” and Lowered the Price Target to $ 45 from a previous price target of $50 .

American Airlines Group Inc. (AAG) is a holding company and its wholly-owned subsidiaries include American Airlines Inc. (American) US Airways Group Inc. (US Airways Group) and Envoy Aviation Group Inc. (Envoy). US Airways Group’s principal subsidiary include US Airways Inc. (US Airways) and its other wholly-owned subsidiaries include Piedmont Airlines Inc. (Piedmont) and PSA Airlines Inc. (PSA). AAG’s primary business activity includes the operation of two network carriers through its principal wholly-owned mainline operating subsidiaries: American and US Airways. The Company’s airlines operate an average of approximately 6700 flights per day to around 339 destinations in around 54 countries from its hubs in Charlotte Chicago Dallas/Fort Worth (DFW) Los Angeles Miami New York Philadelphia Phoenix and Washington District of Columbia.

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