What's Next for Southwest Airlines Co (LUV) After Today's Huge Increase?

Author

25 August, 2017

The stock was purchased at an average price of $54.00 per share, for a total transaction of $243,000.00. Given that its average daily volume over the 30 days has been 5.04 million shares a day, this signifies a pretty significant change over the norm. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since August 25, 2016 and is uptrending. It has underperformed by 4.50% the S&P500. Parallel Advisors LLC's holdings in Southwest Airlines were worth $1,209,000 as of its most recent SEC filing. Parallax Volatility Advisers L P has invested 0% in Southwest Airlines Co (NYSE:LUV). The Firm provides point-to-point service. It has a 16.11 P/E ratio. The Company offers ancillary service offerings, such as Southwest's EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest's respective policies.

Ratings analysis reveals 100% of Southwest Air's analysts are positive. The airline reported $1.24 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.04. Southwest Airlines Co. has $8000 highest and $41 lowest target. The analysts, on average, are forecasting a $66.41 price target, but the stock is already up 40.67% from its recent lows. LUV was included in 6 notes of analysts from September 9, 2016. As per Friday, January 27, the company rating was maintained by Cowen & Co. The firm has "Outperform" rating given on Friday, April 28 by Imperial Capital. The firm earned "Overweight" rating on Thursday, July 30 by JP Morgan. The firm has "Buy" rating by M Partners given on Wednesday, August 26. The firm has "Neutral" rating given on Friday, September 11 by JP Morgan. TrimTabs Asset Management LLC now owns 2,821 shares of the airline's stock valued at $152,000 after buying an additional 1,328 shares during the period. Dudley And Shanley Lc owns 839,210 shares or 5.54% of their USA portfolio. One analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The Beta for the stock stands at 1.31.

Investors and Traders continue to monitor technical levels of shares of Southwest Airlines Co. It has outperformed by 20.93% the S&P500.

Since February 28, 2017, it had 0 buys, and 6 insider sales for $5.19 million activity. On Wednesday, March 1 the insider Sankaran Vivek sold $220,444. $986,152 worth of PepsiCo, Inc. (NYSE:PEP) shares were sold by TRUDELL CYNTHIA. Another trade for 1,900 shares valued at $69,182 was made by SICREE JOSEPH R on Friday, March 10. Cannell Peter B Inc owns 1.34M shares for 1.51% of their portfolio. $192,566 worth of Southwest Airlines Co (NYSE:LUV) was sold by Wells Gregory D. Over the last three months, the shares of the company have changed -16.76% and performed -13.38% over the last six months. It also reduced Spdr Series Trust (SDY) stake by 4,309 shares and now owns 633,782 shares.

Investors sentiment decreased to 0.9 in 2016 Q4. Its down 0.23, from 0.9 in 2016Q3. 84 funds opened positions while 163 raised stakes. 967.70 million shares or 0.34% more from 964.42 million shares in 2016Q3 were reported. Moreover, Boothbay Fund Management Limited has 0.08% invested in Toll Brothers Inc (NYSE:TOL). Following the acquisition, the director now directly owns 66,969 shares of the company's stock, valued at approximately $3,616,326. First Pacific Ltd Liability Corp has 41,850 shares for 0.02% of their portfolio. Wesbanco Bank invested 0.32% in Toll Brothers Inc (NYSE:TOL). Given that liquidity is king in short-term, LUV is a stock with 598.34 million shares outstanding that normally trades 1.15% of its float. Beese Fulmer Investment Mngmt Inc, Ohio-based fund reported 90,039 shares. Sumitomo Mitsui Asset Management Company LTD now owns 15,748 shares of the airline's stock valued at $846,000 after buying an additional 171 shares during the last quarter. This represents a $0.50 annualized dividend and a dividend yield of 0.99%. Independent Consultants reported 25 shares.

ILLEGAL ACTIVITY WARNING: "BB&T Securities LLC Has $1.83 Million Position in Southwest Airlines Company (LUV)" was reported by StockNewsTimes and is the property of of StockNewsTimes.


More news


  • Glu Mobile Inc. (GLUU) Upgraded at Zacks Investment Research

    The value of the investment in GLUU went from $3,359,000 to $2,693,000 a change of $666,000 for the reporting period. IHT Wealth Management bought a new stake in stocks of Glu Mobile through out the Fiscal Q2 worth at about $592,000.
    Aston Martin revs up forecasts for the second time this year

    Aston Martin revs up forecasts for the second time this year

    And some say the British luxury carmaker, made famous by James Bond's 1960s DB5 sports cars, is driving towards an initial public offering.

    Research Ratings: Xerox Corporation (XRX), Neurocrine Biosciences, Inc. (NBIX)

    JFS Wealth Advisors LLC bought a new stake in shares of Xerox Corporation during the second quarter worth about $173,000. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.08% of its portfolio in Xerox Corp (NYSE:XRX) for 856,284 shares.
  • Oceaneering International Inc (NYSE:OII) Institutional Investors 2016 Q4 Sentiment

    The Atlanta Capital Management Co Llc holds 2.07 million shares with $58.51 million value, down from 2.10M last quarter. Among 23 analysts covering Oceaneering International (NYSE:OII), 8 have Buy rating, 2 Sell and 13 Hold.
    Rabid bat found in Guelph, dog confined as precaution

    Rabid bat found in Guelph, dog confined as precaution

    The bat tested positive for rabies at the Washington State Public Health Laboratory on Thursday, according to the news release. Seven rabid bats have been found in Chicago this summer, according to Cook County officials.
    State Fair finalist teams all from west of Capital Region

    State Fair finalist teams all from west of Capital Region

    Construction may begin as early as November, with a "substantial completion" date that will coincide with the 2018 State Fair. The Expo Center will be a multi-use venue for auto shows, equestrian events, trade shows, auctions, and more.
  • Vanguard Group Inc Sold A Lot More Nike, Inc. (NKE) Stock

    The footwear maker reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.10. Motley Fool Wealth Management LLC's holdings in Nike were worth $14,322,000 at the end of the most recent reporting period.

    Infosys Limited American Deposi (NYSE:INFY) Experiences Heavier than Usual Trading Volume

    ILLEGAL ACTIVITY WARNING: This story was originally posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. The firm is scheduled to announce its next quarterly earnings results before the market opens on Friday, October 13th.

    Vanguard Group Inc Bought A Lot More Texas Instruments Incorporated (TXN) Stock

    It is positive, as 46 investors sold TXN shares while 347 reduced holdings. 36 funds opened positions while 66 raised stakes. New Mexico Educational Retirement Board has invested 0.36% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN).
  • Vanguard Group Inc Sold A Little More Intercontinental Exchange Inc. (ICE) Stock

    Royal Bank Of Canada reaffirmed a "buy" rating on shares of Intercontinental Exchange in a research note on Tuesday, August 15th. First Quadrant Limited Partnership Ca accumulated 0.01% or 10,500 shares. ( NYSE:PWR ), 8 have Buy rating, 0 Sell and 4 Hold.

    Take-Two Interactive Software, (TTWO) Reaches 52-Week High

    J Goldman & Company Lp increased its stake in Take ( TTWO ) by 21.28% based on its latest 2016Q4 regulatory filing with the SEC. The firm owned 470,911 shares of the company's stock after buying an additional 400,397 shares during the period.

    The Muhammad Raghib Hussain Sells 20000 Shares of Cavium, Inc. (CAVM) Stock

    Loop Capital reissued a "buy" rating and issued a $81.00 price target on shares of Cavium in a research note on Tuesday. On average, equities analysts expect that Cavium, Inc . will post $2.79 earnings per share for the current year.