Southwest Airlines Co (NYSE:LUV) Stock Sentiment Falls to 0.88

June 27, 2018 - By Leslie Harms

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, SEC.gov filings reveal. That’s down -0.08, from 2017Q4’s 0.96. 287 investment managers increased and started new stock positions, while 328 cut down and sold their holdings in Southwest Airlines Co so the sentiment dived. These funds own 440.55 million shares, that’s 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.

Largest Southwest Airlines Co Shareholders

As of 2018 Q1 Greenbrier Partners Capital Management Llc has 13.67% invested in Southwest Airlines Co. As of 2018 Q1, 222,553 shares of Southwest Airlines Co are owned by U S Global Investors Inc. Provident Trust Co reported 2.71 million shares. The Oklahoma-based fund Gibraltar Capital Management Inc. have invested about 5.71% of the investment manager’s stock portfolio in Southwest Airlines Co. The United Kingdom-based fund Egerton Capital (Uk) Llp holds 10.26 million shares or 4.78% of their stock exposure.

Southwest Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets.The firm is valued at $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.

Ticker’s shares touched $50.385 during the last trading session after 1.53% change.Southwest Airlines Co. has volume of 1.41M shares. Since June 27, 2017 LUV has declined 13.23% and is downtrending. The stock underperformed the S&P500 by 25.80%.

On July, 26 is anticipated Southwest Airlines Co. (NYSE:LUV)’s earnings report, Zacks reports. Last year’s earnings per share was $1.24, while now analysts expect change of 8.87 % up from current $1.35 earnings per share. LUV’s profit could reach $782.72 million if the current earnings per share of $1.35 is accurate. Analysts at Wall Street see Southwest Airlines Co.’s 80.00 % EPS growth compared to $0.75 earnings per share for previous quarter.

First Allied Advisory Services has 0.06% invested in Southwest Airlines Co. (NYSE:LUV) for 25,927 shs. Ogorek Anthony Joseph Ny Adv accumulated 20 shs. The New York-based Natl Asset has invested 0.06% in Southwest Airlines Co. (NYSE:LUV). Tradewinds Capital Management Ltd invested in 1,130 shs. 15,360 were accumulated by Curbstone Financial Management. Holt Limited Liability Company Dba Holt Prns L P holds 13,367 shs. Cushing Asset L P reported 0.2% stake. Columbia Asset reported 6,525 shs. Adirondack Co, New York-based fund reported 485 shs. Gp One Trading Lp owns 150,592 shs for 0.08% of their capital. 362,946 are owned by 1832 Asset Limited Partnership. Putnam Invests Ltd Liability Corp holds 3.20 million shs. Fukoku Mutual Life Com reported 1,400 shs. Gam Ag, Switzerland-based fund reported 11,610 shs. Invesco Ltd has 0.03% invested in Southwest Airlines Co. (NYSE:LUV) for 1.31 million shs.

Southwest Airlines Co. registered $5.57 million net activity with 1 insider buy and 6 selling transactions since February 12, 2018. $600,491 worth of Southwest Airlines Co. (NYSE:LUV) was sold by BROOKS DOUGLAS H. On Tuesday, February 27 $490,066 worth of stock was sold by Wells Gregory D. $1.78M worth of Southwest Airlines Co. (NYSE:LUV) was sold by Van de Ven Michael G. $196,875 worth of Southwest Airlines Co. (NYSE:LUV) was bought by CUNNINGHAM WILLIAM H DR. Romo Tammy sold $1.17 million worth of Southwest Airlines Co. (NYSE:LUV) or 20,272 shs on Wednesday, February 21.

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 target price Southwest Airlines has $66 average target price 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 Wednesday, June 13 Buckingham Research maintained the shares of LUV in report with “Buy” rating. On Tuesday, January 9 Bank of America downgraded Southwest Airlines Co. (NYSE:LUV) rating. Bank of America has “Hold” rating and $73.0 target. In Monday, January 8 report Stephens maintained the stock with “Buy” rating. In Thursday, March 29 report Stephens maintained the stock with “Buy” rating. On Tuesday, January 30 the stock has “Neutral” rating by JP Morgan. The company rating was maintained by Morgan Stanley on Monday, March 26. On Tuesday, June 12 the company was upgraded by Edward Jones. On Monday, June 11 the stock of Southwest Airlines Co. (NYSE:LUV) has “Buy” rating given by Deutsche Bank. On Tuesday, January 30 the rating was downgraded by J.P. Morgan to “Hold”. On Monday, January 8 Cowen & Co maintained Southwest Airlines Co. (NYSE:LUV) with “Buy” rating.

For more Southwest Airlines Co. (NYSE:LUV) news posted recently go to: Seekingalpha.com, Bizjournals.com, Seekingalpha.com, Seekingalpha.com or Bizjournals.com. The titles are as follows: “Southwest Airlines: Do You Let The Plane Crash?” posted on June 26, 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, “Passengers sue Southwest over fatal engine explosion” and the last “Sky Harbor reports increase in May passengers” with publication date: June 26, 2018.

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

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