Analysts take a look at Southwest Airlines Co. (NYSE:LUV) having this to say.

February 15, 2018 - By Stephen Andrade

 Analysts take a look at Southwest Airlines Co. (NYSE:LUV) having this to say.
Investors sentiment increased to 0.89 in Q3 2017. Its up 0.06, from 0.83 in 2017Q2. It is positive, as 69 investors sold Southwest Airlines Co. shares while 249 reduced holdings. 70 funds opened positions while 213 raised stakes. 441.14 million shares or 4.78% less from 463.31 million shares in 2017Q2 were reported.
Beach Inv Ltd Liability accumulated 13,900 shares or 1.35% of the stock. Laurion Capital Management Ltd Partnership reported 227,254 shares stake. Andra Ap reported 58,300 shares or 0.08% of all its holdings. Perigon Wealth Mgmt Limited Company has invested 0.01% in Southwest Airlines Co. (NYSE:LUV). Norman Fields Gottscho Cap Limited Liability has invested 1.34% in Southwest Airlines Co. (NYSE:LUV). Next Group Incorporated stated it has 5,461 shares or 0.09% of all its holdings. London Of Virginia holds 0.4% of its portfolio in Southwest Airlines Co. (NYSE:LUV) for 986,017 shares. Optimum Advisors holds 0.18% of its portfolio in Southwest Airlines Co. (NYSE:LUV) for 9,719 shares. Barclays Pcl holds 0.01% or 187,959 shares in its portfolio. 221,296 were accumulated by Bnp Paribas Asset Management. Quinn Opportunity Prtnrs Limited Liability has invested 0.04% of its portfolio in Southwest Airlines Co. (NYSE:LUV). Horrell Mgmt Inc reported 0.25% in Southwest Airlines Co. (NYSE:LUV). Korea Corporation owns 101,000 shares. The Ontario – Canada-based Tdam Usa Inc has invested 0.01% in Southwest Airlines Co. (NYSE:LUV). First Advsrs Ltd Partnership invested in 0.12% or 809,358 shares.

Since October 17, 2017, it had 0 insider purchases, and 3 insider sales for $2.23 million activity. MONTFORD JOHN T also sold $107,240 worth of Southwest Airlines Co. (NYSE:LUV) shares. Jordan Robert E also sold $2.12 million worth of Southwest Airlines Co. (NYSE:LUV) on Thursday, December 14.

Southwest Airlines Co. (NYSE:LUV) Ratings Coverage

Among 19 analysts covering Southwest Airlines Co. (NYSE:LUV), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Southwest Airlines Co. had 64 analyst reports since July 30, 2015 according to SRatingsIntel. As per Tuesday, January 9, the company rating was downgraded by Bank of America. JP Morgan maintained the shares of LUV in report on Thursday, February 4 with “Overweight” rating. The company was initiated on Friday, September 9 by Imperial Capital. The rating was initiated by Stephens on Tuesday, March 29 with “Overweight”. Cowen & Co maintained the shares of LUV in report on Monday, January 8 with “Buy” rating. Buckingham Research downgraded the shares of LUV in report on Friday, July 22 to “Neutral” rating. J.P. Morgan downgraded Southwest Airlines Co. (NYSE:LUV) rating on Tuesday, January 30. J.P. Morgan has “Hold” rating and $70.0 target. The rating was maintained by Imperial Capital with “Outperform” on Thursday, September 3. The firm has “Buy” rating given on Monday, July 24 by Stifel Nicolaus. The company was maintained on Friday, July 22 by Cowen & Co. Below is a list of Southwest Airlines Co. (NYSE:LUV) latest ratings and price target changes.

30/01/2018 Broker: J.P. Morgan Rating: Hold New Target: $70.0 Downgrade
30/01/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Old Target: $67 Downgrade
26/01/2018 Broker: Stephens Rating: Buy New Target: $77.0 Maintain
08/01/2018 Broker: Stephens Rating: Buy New Target: $81.0 Maintain
09/01/2018 Broker: Bank of America Rating: Hold New Target: $73.0 Downgrade
08/01/2018 Broker: Cowen & Co Rating: Buy New Target: $67.0 Maintain
14/12/2017 Broker: Atlantic Securities Old Rating: Neutral New Rating: Overweight Old Target: $71 Upgrade
13/11/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $65 New Target: $64 Maintain
01/11/2017 Broker: JP Morgan Rating: Overweight Old Target: $66 New Target: $67 Maintain
27/10/2017 Broker: Buckingham Research Rating: Neutral Old Target: $103 New Target: $106 Maintain

The stock increased 0.51% or $0.295 during the last trading session, reaching $58.025. About 2.25M shares traded. Southwest Airlines Co. (NYSE:LUV) has risen 37.63% since February 15, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

Southwest Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. The company has market cap of $34.12 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. It has a 10.02 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.

More notable recent Southwest Airlines Co. (NYSE:LUV) news were published by: Seekingalpha.com which released: “Southwest Airlines: Quality Has A Price” on February 06, 2018, also Seekingalpha.com with their article: “Southwest Defies More Than Just Conventional Airline Stereotypes” published on February 14, 2018, Seekingalpha.com published: “Southwest Airlines Off To A Strong Start In 2018” on February 13, 2018. More interesting news about Southwest Airlines Co. (NYSE:LUV) were released by: Reuters.com and their article: “Southwest is sued by Arabic speaker who was removed from plane” published on February 13, 2018 as well as Seekingalpha.com‘s news article titled: “Southwest Airlines Will Come Out On Top” with publication date: February 04, 2018.

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