Rafferty Asset Management Has Cut By $558,407 Its American Airls Group (AAL) Position; Dover Motorsports Has 1.22 Sentiment

February 22, 2018 - By Maria Brooks

Rafferty Asset Management Llc decreased American Airls Group Inc (AAL) stake by 25.48% reported in 2017Q3 SEC filing. Rafferty Asset Management Llc sold 11,881 shares as American Airls Group Inc (AAL)’s stock declined 3.60%. The Rafferty Asset Management Llc holds 34,739 shares with $1.65 million value, down from 46,620 last quarter. American Airls Group Inc now has $25.26 billion valuation. The stock increased 0.66% or $0.35 during the last trading session, reaching $53.13. About 1.43M shares traded. American Airlines Group Inc. (NASDAQ:AAL) has risen 40.65% since February 22, 2017 and is uptrending. It has outperformed by 23.95% the S&P500.

Dover Motorsports, Inc. markets and promotes motorsports entertainment in the United States. The company has market cap of $76.56 million. It owns and operates Dover International Speedway in Dover, Delaware; and Nashville Superspeedway near Nashville, Tennessee. It has a 9.04 P/E ratio. The firm was formerly known as Dover Downs Entertainment, Inc.

Investors sentiment decreased to 0.66 in 2017 Q3. Its down 0.25, from 0.91 in 2017Q2. It turned negative, as 53 investors sold AAL shares while 210 reduced holdings. 55 funds opened positions while 118 raised stakes. 380.49 million shares or 2.17% less from 388.91 million shares in 2017Q2 were reported. 28,195 were accumulated by Highland Capital Mngmt Ltd Company. Rampart Invest Com Ltd has 0.1% invested in American Airlines Group Inc. (NASDAQ:AAL) for 6,027 shares. Hap Trading Llc reported 0.07% in American Airlines Group Inc. (NASDAQ:AAL). Employees Retirement Systems Of Ohio holds 0.05% of its portfolio in American Airlines Group Inc. (NASDAQ:AAL) for 209,902 shares. Lmr Partners Llp stated it has 1.33% of its portfolio in American Airlines Group Inc. (NASDAQ:AAL). Wealthfront holds 0.01% of its portfolio in American Airlines Group Inc. (NASDAQ:AAL) for 12,710 shares. Atika Capital Mngmt Ltd holds 90,000 shares or 1.23% of its portfolio. Ontario Teachers Pension Plan Board owns 31,834 shares. Point72 Asia (Hong Kong) Ltd stated it has 3,685 shares. Savings Bank Of America De reported 805,713 shares stake. M&T Savings Bank Corporation has invested 0.01% of its portfolio in American Airlines Group Inc. (NASDAQ:AAL). 8,915 are owned by Cmt Asset Mgmt Ltd. Ing Groep Nv has 103,812 shares for 0.09% of their portfolio. Hussman Strategic has 1,200 shares. Aperio Gru Ltd Company reported 133,771 shares.

Rafferty Asset Management Llc increased Mattel Inc (NASDAQ:MAT) stake by 29,560 shares to 98,582 valued at $1.53M in 2017Q3. It also upped Mks Instrument Inc (NASDAQ:MKSI) stake by 3,389 shares and now owns 28,940 shares. Boston Properties Inc (NYSE:BXP) was raised too.

Analysts await American Airlines Group Inc. (NASDAQ:AAL) to report earnings on April, 26. They expect $0.53 earnings per share, down 13.11% or $0.08 from last year’s $0.61 per share. AAL’s profit will be $252.01 million for 25.06 P/E if the $0.53 EPS becomes a reality. After $0.95 actual earnings per share reported by American Airlines Group Inc. for the previous quarter, Wall Street now forecasts -44.21% negative EPS growth.

Among 23 analysts covering American Airlines Group (NASDAQ:AAL), 13 have Buy rating, 3 Sell and 7 Hold. Therefore 57% are positive. American Airlines Group had 76 analyst reports since July 28, 2015 according to SRatingsIntel. Stifel Nicolaus maintained American Airlines Group Inc. (NASDAQ:AAL) rating on Thursday, September 21. Stifel Nicolaus has “Buy” rating and $90.0 target. The stock has “Reduce” rating by HSBC on Wednesday, November 25. The stock of American Airlines Group Inc. (NASDAQ:AAL) has “Overweight” rating given on Thursday, April 28 by Morgan Stanley. The firm earned “Neutral” rating on Friday, September 15 by JP Morgan. Citigroup maintained American Airlines Group Inc. (NASDAQ:AAL) rating on Thursday, July 13. Citigroup has “Buy” rating and $67 target. The rating was initiated by Imperial Capital on Friday, August 26 with “In-Line”. The firm has “Outperform” rating given on Friday, October 21 by Wolfe Research. On Friday, January 26 the stock rating was maintained by Buckingham Research with “Buy”. The stock has “Overweight” rating by JP Morgan on Thursday, February 4. Bernstein upgraded the stock to “Outperform” rating in Wednesday, January 31 report.

Since September 14, 2017, it had 0 buys, and 4 sales for $4.24 million activity. ROBINSON RAY M sold 3,476 shares worth $162,523. 3,000 American Airlines Group Inc. (NASDAQ:AAL) shares with value of $158,139 were sold by KRAEMER RICHARD C. 39,662 shares were sold by KERR DEREK J, worth $2.09 million. 35,182 shares were sold by HART MATTHEW J, worth $1.83 million on Monday, February 5.

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