Investors sentiment decreased to 0.83 in 2017 Q2. Its down 0.07, from 0.9 in 2017Q1. It dropped, as 48 investors sold LUV shares while 291 reduced holdings. 94 funds opened positions while 186 raised stakes. 463.31 million shares or 1.17% less from 468.79 million shares in 2017Q1 were reported. Credit Agricole S A owns 415,674 shares for 0.08% of their portfolio. Financial Bank Of America Corporation De holds 3.37M shares. Cambridge Inv Advsrs Incorporated owns 67,441 shares. Arrow Corp has invested 0.82% of its portfolio in Southwest Airlines Co (NYSE:LUV). North Star Invest Mngmt Corp holds 0.04% of its portfolio in Southwest Airlines Co (NYSE:LUV) for 4,430 shares. Fort Washington Advisors Inc Oh reported 18,803 shares. Holland Cap Mgmt Lc invested in 1.14M shares. Bluemountain Cap Mgmt Ltd Liability Corp reported 53,946 shares or 0.07% of all its holdings. Cahill Advisors Inc holds 0.25% or 7,300 shares. Dreman Value Mngmt L L C holds 0.43% or 13,986 shares in its portfolio. Glendon Capital Mgmt Lp has 1.58% invested in Southwest Airlines Co (NYSE:LUV) for 99,229 shares. Fdx Advsrs accumulated 24,078 shares. Checchi Advisers Ltd owns 0.04% invested in Southwest Airlines Co (NYSE:LUV) for 6,012 shares. Art Advsr Ltd Com holds 0.27% or 81,800 shares in its portfolio. Brown Advisory has invested 0% in Southwest Airlines Co (NYSE:LUV).
Since May 17, 2017, it had 0 insider purchases, and 7 insider sales for $4.10 million activity. Another trade for 3,823 shares valued at $226,035 was sold by Shaw Mark R. 19,800 shares were sold by Lamb Jeff, worth $1.21M on Thursday, May 25. 15,273 shares were sold by Van de Ven Michael G, worth $872,769. Jordan Robert E also sold $912,148 worth of Southwest Airlines Co (NYSE:LUV) on Tuesday, May 23. Another trade for 8,322 shares valued at $492,238 was sold by Romo Tammy. $302,626 worth of stock was sold by Wells Gregory D on Friday, May 19.
Robert Polak decreased its stake in Southwest Airls Co (LUV) by 29.67% based on its latest 2017Q2 regulatory filing with the SEC. Anchor Bolt Capital Lp sold 639,909 shares as the company’s stock rose 1.26% with the market. The hedge fund run by Robert Polak held 1.52M shares of the air freight and delivery services company at the end of 2017Q2, valued at $94.26M, down from 2.16 million at the end of the previous reported quarter. Anchor Bolt Capital Lp who had been investing in Southwest Airls Co for a number of months, seems to be less bullish one the $34.74B market cap company. The stock rose 3.66% or $2.05 reaching $58.04. About 4.01M shares traded. Southwest Airlines Co (NYSE:LUV) has risen 37.63% since October 3, 2016 and is uptrending. It has outperformed by 20.93% the S&P500.
Anchor Bolt Capital Lp, which manages about $849.21 million and $2.56 billion US Long portfolio, upped its stake in Royal Caribbean Cruises Ltd (NYSE:RCL) by 78,130 shares to 443,295 shares, valued at $48.42M in 2017Q2, according to the filing. It also increased its holding in Celanese Corp Del (NYSE:CE) by 49,483 shares in the quarter, for a total of 284,460 shares, and has risen its stake in Albemarle Corp (NYSE:ALB).
Investors wait Southwest Airlines Co (NYSE:LUV) to report on October, 25. its quarterly earnings Wall Street analysts expect $0.93 earnings per share, $0.00 or 0.00 % from last year’s $0.93 same quarter earnings. This translates into $556.65 million profit for LUV giving the stock a 15.60 P/E. This is assuming the current $0.93 EPS is accurate. Southwest Airlines Co’s Wall Street analysts see -25.00 % negative EPS growth, taking into account the $1.24 EPS reproted in the previous quarter,
More notable recent Southwest Airlines Co (NYSE:LUV) news were published by: Prnewswire.com which released: “Southwest Airlines Reports August Traffic” on September 08, 2017, also Marketwatch.com with their article: “Southwest apologizes after passenger claiming pet allergy dragged off plane” published on September 28, 2017, Investorplace.com published: “Southwest Airlines Co (LUV) Stock Survived the Turbulence â€” Go Long” on September 14, 2017. More interesting news about Southwest Airlines Co (NYSE:LUV) were released by: Bizjournals.com and their article: “Southwest Airlines judged ‘safest’ for your portfolio, American Airlines …” published on September 15, 2017 as well as Seekingalpha.com‘s news article titled: “Southwest Airlines: The Safe Airline?” with publication date: October 02, 2017.
Southwest Airlines Co (NYSE:LUV) Ratings Coverage
Among 18 analysts covering Southwest Airlines Co. (NYSE:LUV), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. Southwest Airlines Co. had 52 analyst reports since July 30, 2015 according to SRatingsIntel. As per Friday, July 22, the company rating was maintained by Cowen & Co. The stock of Southwest Airlines Co (NYSE:LUV) earned “Buy” rating by J.P. Morgan on Friday, September 15. As per Wednesday, July 27, the company rating was downgraded by JP Morgan. The firm earned “Buy” rating on Monday, July 24 by Stifel Nicolaus. Imperial Capital maintained the shares of LUV in report on Thursday, September 3 with “Outperform” rating. As per Friday, September 9, the company rating was initiated by Imperial Capital. On Thursday, January 5 the stock rating was upgraded by Morgan Stanley to “Overweight”. The firm has “Outperform” rating given on Friday, April 28 by Cowen & Co. Cowen & Co maintained the stock with “Outperform” rating in Friday, June 24 report. As per Friday, October 23, the company rating was maintained by Deutsche Bank.
This article firsts appeared in bzweekly.com