Southwest Airlines Co (NYSE:LUV): Stock Big Money Feel Good About: at 0.88

June 27, 2018 - By Loretta Love

Southwest Airlines Co. (NYSE:LUV) Corporate Logo

Southwest Airlines Co’s Sentiment

In 2018 Q1 Southwest Airlines Co (NYSE:LUV) big money sentiment decreased to 0.88, revealed SEC filings. So its down -0.08, from 2017Q4’s 0.96. 287 institutional investors opened new and increased positions, while 328 decreased and sold stakes in Southwest Airlines Co so the sentiment has dropped. Funds own 440.55 million shares, down from 452.86 million shares in 2017Q4. Funds holding Southwest Airlines Co in top 10 decreased from 20 to 14 for a decrease of 6. In total 79 funds closed positions, 249 reduced and 222 increased. Also 65 funds bought new Southwest Airlines Co stakes.

Most Southwest Airlines Co Shareholders

Greenbrier Partners Capital Management Llc owns 1.26 million shares in Southwest Airlines Co as of 2018 Q1. Southwest Airlines Co’s shareholder U S Global Investors Inc owns 222,553 shares as of 2018 Q1. Furthermore, Provident Trust Co reported 2.71 million shares in Southwest Airlines Co equivalent to 6.19% of its fund’s portfolio. Gibraltar Capital Management Inc. revealed 117,589 shares position in Southwest Airlines Co. The United Kingdom-based fund Egerton Capital (Uk) Llp holds 10.26 million shares or 4.78% of their fund’s portfolio.

Southwest Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets.The firm is worth $29.21 billion. As of December 31, 2016, the firm operated a total of 723 Boeing 737 aircraft; and served 101 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 8 near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, and Cuba.8.31 is the P/E ratio. It also sells frequent flyer points and related services to business partners participating in the Rapid Rewards frequent flyer program, such as car rental agencies, hotels, restaurants, and retailers.

The stock decreased 1.53% or $0.785 during the last trading session, reaching $50.385.Currently Southwest Airlines Co. is downtrending after 13.23% change in last June 27, 2017. LUV has also 1.41M shares volume. The stock underperformed the S&P500 by 25.80%.

On July, 26 Southwest Airlines Co. (NYSE:LUV)’s earnings report is expected by WallStreet, according to Faxor. Analysts have expectation on stock’s EPS of $1.35. That’s up 8.87 % from last year’s $1.24 EPS. If EPS of $1.35 is revealed the profit of LUV could hit $782.72M giving it 9.33 P/E. 80.00 % EPS growth is what Wall Street’s forecasts after $0.75 reported EPS previous quarter.

Hudson Bay Management Limited Partnership stated it has 7,500 shs. Davenport & Ltd Liability Co owns 1.01 million shs. Aqr Mngmt Limited Liability owns 7.26 million shs or 0.45% of their US capital. Commonwealth Bancorp Of Australia, Australia-based fund reported 62,660 shs. 15,314 are owned by Amarillo State Bank. U S Glob reported 222,553 shs or 7.83% of all its holdings. Virginia-based Palladium Limited Company has invested 0.28% in Southwest Airlines Co. (NYSE:LUV). 13,246 were accumulated by Daiwa Grp Inc Inc. Sei Investments owns 797,116 shs for 0.18% of their capital. Macquarie Group Ltd accumulated 0.03% or 264,542 shs. Hsbc Pcl reported 711,919 shs. Archford Strategies Lc invested in 1,847 shs or 0.05% of the stock. Nuveen Asset Management Limited Liability owns 162,497 shs. California-based California State Teachers Retirement System has invested 0.11% in Southwest Airlines Co. (NYSE:LUV). Cambridge Investment Research Advsr has invested 0.04% of its capital in Southwest Airlines Co. (NYSE:LUV).

Southwest Airlines Co. had 6 selling transactions and 1 insider purchase since February 12, 2018. This’s net activity of $5.57 million. On Wednesday, February 21 Romo Tammy sold $1.17 million worth of Southwest Airlines Co. (NYSE:LUV). On Tuesday, February 27 8,323 shs were sold by Wells Gregory D, worth $490,066. On Wednesday, February 21 KELLY GARY C sold $1.58 million worth of Southwest Airlines Co. (NYSE:LUV) or 27,271 shs. Shares for $196,875 were bought by CUNNINGHAM WILLIAM H DR on Monday, February 12. BROOKS DOUGLAS H also sold $600,491 worth of Southwest Airlines Co. (NYSE:LUV) on Tuesday, March 13.

Southwest Airlines Co. (NYSE:LUV) Ratings Coverage

In total 15 analysts cover Southwest Airlines (NYSE:LUV). “Buy” rating has 10, “Sell” are 0, while 5 are “Hold”. 67% are bullish. With $81.0 highest and $6200 lowest PT Southwest Airlines has $66 average PT or 30.99% above the current ($50.385) price. 24 are the (NYSE:LUV)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. On Monday, January 8 the stock has “Buy” rating by Stephens. In Thursday, March 29 report Stephens maintained it with “Buy” rating and $7500 target. On Friday, January 26 the stock of Southwest Airlines Co. (NYSE:LUV) earned “Buy” rating by Stephens. On Tuesday, April 17 the rating was maintained by Stephens with “Buy”. The company rating was downgraded by Argus Research on Friday, June 15. In Wednesday, June 13 report Buckingham Research maintained the stock with “Buy” rating. On Monday, May 14 the firm has “Buy” rating given by Buckingham Research. On Tuesday, June 12 the firm earned “Buy” rating by Edward Jones. On Thursday, March 22 the rating was maintained by UBS with “Buy”. On Thursday, March 22 the stock has “Buy” rating by Buckingham Research.

For more Southwest Airlines Co. (NYSE:LUV) news brought out recently go to: Seekingalpha.com, Bizjournals.com, Seekingalpha.com, Bizjournals.com or Seekingalpha.com. The titles are as follows: “Passengers sue Southwest over fatal engine explosion” brought out on June 21, 2018, “Southwest, Delta respond to Dallas’ proposal to solve Love Field dispute” on June 14, 2018, “JetBlue: Leading The Way In May” with a publish date: June 26, 2018, “Sky Harbor reports increase in May passengers” and the last “Southwest Airlines: Do You Let The Plane Crash?” with publication date: June 26, 2018.

Southwest Airlines Co. (NYSE:LUV) Institutional Investors Chart

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