Oregon Public Employees Retirement Fund Purchases 7348070 Shares of Southwest Airlines Co …

Millennium Management LLC boosted its position in shares of Southwest Airlines by 107.6% during the 2nd quarter. Millennium Management LLC …

Southwest Airlines logoOregon Public Employees Retirement Fund boosted its holdings in shares of Southwest Airlines Co (NYSE:LUV) by 3,711.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,546,074 shares of the airline’s stock after buying an additional 7,348,070 shares during the period. Oregon Public Employees Retirement Fund owned about 1.34% of Southwest Airlines worth $162,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of LUV. Millennium Management LLC boosted its position in shares of Southwest Airlines by 107.6% during the 2nd quarter. Millennium Management LLC now owns 33,349 shares of the airline’s stock worth $1,697,000 after purchasing an additional 17,285 shares in the last quarter. First Hawaiian Bank bought a new position in shares of Southwest Airlines during the 3rd quarter worth about $1,829,000. Nisa Investment Advisors LLC boosted its position in shares of Southwest Airlines by 5.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 232,718 shares of the airline’s stock worth $14,531,000 after purchasing an additional 10,991 shares in the last quarter. BB&T Corp acquired a new stake in shares of Southwest Airlines in the 3rd quarter worth about $292,000. Finally, Highland Capital Management LLC raised its holdings in shares of Southwest Airlines by 134.5% in the 3rd quarter. Highland Capital Management LLC now owns 20,566 shares of the airline’s stock worth $1,284,000 after acquiring an additional 11,794 shares during the last quarter. Hedge funds and other institutional investors own 80.88% of the company’s stock.

A number of equities research analysts recently weighed in on LUV shares. Imperial Capital restated an “in-line” rating and issued a $52.00 target price (down previously from $57.00) on shares of Southwest Airlines in a report on Wednesday, January 9th. Citigroup upped their target price on shares of Southwest Airlines from $59.00 to $62.00 and gave the stock a “buy” rating in a report on Thursday, November 29th. Susquehanna Bancshares started coverage on shares of Southwest Airlines in a report on Wednesday, November 28th. They issued a “neutral” rating and a $56.00 target price on the stock. Credit Suisse Group started coverage on shares of Southwest Airlines in a report on Monday, November 19th. They issued a “neutral” rating and a $54.00 target price on the stock. Finally, Morgan Stanley lowered their target price on shares of Southwest Airlines from $68.00 to $64.00 and set an “overweight” rating on the stock in a report on Wednesday, November 14th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $61.76.

In related news, Director John T. Montford sold 980 shares of the company’s stock in a transaction on Wednesday, December 12th. The stock was sold at an average price of $51.27, for a total transaction of $50,244.60. Following the transaction, the director now directly owns 20,983 shares of the company’s stock, valued at $1,075,798.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.23% of the stock is currently owned by insiders.

Shares of LUV stock traded down $0.66 on Friday, hitting $51.77. 4,648,066 shares of the stock traded hands, compared to its average volume of 5,302,123. The stock has a market cap of $28.49 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 0.83 and a beta of 1.54. Southwest Airlines Co has a twelve month low of $44.28 and a twelve month high of $64.02. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 0.45.

Southwest Airlines (NYSE:LUV) last posted its quarterly earnings data on Thursday, January 24th. The airline reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.11. Southwest Airlines had a return on equity of 24.56% and a net margin of 11.22%. The business had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.68 billion. During the same quarter last year, the company earned $0.77 earnings per share. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. As a group, equities research analysts predict that Southwest Airlines Co will post 5.12 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Tuesday, March 5th. Southwest Airlines’s dividend payout ratio (DPR) is presently 15.09%.

COPYRIGHT VIOLATION NOTICE: This report was originally published by Fairfield Current and is the sole property of of Fairfield Current. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this report can be read at https://www.fairfieldcurrent.com/news/2019/03/08/southwest-airlines-co-luv-holdings-increased-by-oregon-public-employees-retirement-fund.html.

Southwest Airlines Company Profile

Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2017, the company operated a total of 706 Boeing 737 aircraft; and served 100 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

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Institutional Ownership by Quarter for Southwest Airlines (NYSE:LUV)

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Westside Investment Management Inc. Trims Holdings in Southwest Airlines Co (NYSE:LUV)

Millennium Management LLC grew its position in Southwest Airlines by 107.6% during the second quarter. Millennium Management LLC now owns …

Southwest Airlines logoWestside Investment Management Inc. trimmed its holdings in shares of Southwest Airlines Co (NYSE:LUV) by 21.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,127 shares of the airline’s stock after selling 314 shares during the period. Westside Investment Management Inc.’s holdings in Southwest Airlines were worth $52,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Millennium Management LLC grew its position in Southwest Airlines by 107.6% during the second quarter. Millennium Management LLC now owns 33,349 shares of the airline’s stock valued at $1,697,000 after acquiring an additional 17,285 shares during the period. First Hawaiian Bank acquired a new stake in Southwest Airlines during the third quarter valued at approximately $1,829,000. Nisa Investment Advisors LLC raised its stake in Southwest Airlines by 5.0% during the third quarter. Nisa Investment Advisors LLC now owns 232,718 shares of the airline’s stock valued at $14,531,000 after buying an additional 10,991 shares in the last quarter. BB&T Corp acquired a new stake in shares of Southwest Airlines during the 3rd quarter worth approximately $292,000. Finally, Highland Capital Management LLC raised its position in shares of Southwest Airlines by 134.5% during the 3rd quarter. Highland Capital Management LLC now owns 20,566 shares of the airline’s stock worth $1,284,000 after purchasing an additional 11,794 shares during the period. 80.88% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts recently issued reports on the company. Imperial Capital reissued an “in-line” rating and issued a $62.00 price objective (up from $56.00) on shares of Southwest Airlines in a report on Tuesday, December 4th. Credit Suisse Group reiterated a “hold” rating and set a $56.00 price objective (down previously from $60.00) on shares of Southwest Airlines in a research report on Thursday, February 21st. Macquarie lowered Southwest Airlines from an “outperform” rating to a “neutral” rating in a report on Friday, February 22nd. Cowen reissued a “market perform” rating and set a $58.00 target price (up from $54.00) on shares of Southwest Airlines in a research report on Friday, January 25th. Finally, Vertical Research started coverage on Southwest Airlines in a research report on Monday, February 4th. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the stock. Southwest Airlines currently has a consensus rating of “Buy” and a consensus price target of $61.76.

Shares of LUV traded down $0.63 during trading hours on Thursday, hitting $52.43. 5,552,178 shares of the stock were exchanged, compared to its average volume of 4,897,754. The stock has a market cap of $29.64 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 0.83 and a beta of 1.54. Southwest Airlines Co has a fifty-two week low of $44.28 and a fifty-two week high of $64.02. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 0.45.

Southwest Airlines (NYSE:LUV) last released its quarterly earnings results on Thursday, January 24th. The airline reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.11. The company had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.68 billion. Southwest Airlines had a net margin of 11.22% and a return on equity of 24.56%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same period last year, the firm earned $0.77 earnings per share. Sell-side analysts anticipate that Southwest Airlines Co will post 5.12 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.16 per share. The ex-dividend date is Tuesday, March 5th. This represents a $0.64 annualized dividend and a yield of 1.22%. Southwest Airlines’s dividend payout ratio is currently 15.09%.

In other Southwest Airlines news, Director John T. Montford sold 980 shares of the business’s stock in a transaction that occurred on Wednesday, December 12th. The shares were sold at an average price of $51.27, for a total value of $50,244.60. Following the completion of the transaction, the director now owns 20,983 shares of the company’s stock, valued at approximately $1,075,798.41. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.23% of the stock is owned by insiders.

ILLEGAL ACTIVITY NOTICE: “Westside Investment Management Inc. Trims Holdings in Southwest Airlines Co (NYSE:LUV)” was originally reported by Fairfield Current and is the property of of Fairfield Current. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://www.fairfieldcurrent.com/news/2019/03/08/westside-investment-management-inc-has-52000-holdings-in-southwest-airlines-co-luv.html.

About Southwest Airlines

Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2017, the company operated a total of 706 Boeing 737 aircraft; and served 100 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

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Institutional Ownership by Quarter for Southwest Airlines (NYSE:LUV)

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Transamerica Financial Advisors Inc. Has $78000 Stake in Southwest Airlines Co (LUV)

Millennium Management LLC raised its position in shares of Southwest Airlines by 107.6% during the 2nd quarter. Millennium Management LLC now …

Southwest Airlines logoTransamerica Financial Advisors Inc. decreased its position in Southwest Airlines Co (NYSE:LUV) by 22.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,662 shares of the airline’s stock after selling 482 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Southwest Airlines were worth $78,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Millennium Management LLC raised its position in shares of Southwest Airlines by 107.6% during the 2nd quarter. Millennium Management LLC now owns 33,349 shares of the airline’s stock worth $1,697,000 after acquiring an additional 17,285 shares in the last quarter. Schroder Investment Management Group raised its position in shares of Southwest Airlines by 76.4% during the 2nd quarter. Schroder Investment Management Group now owns 288,694 shares of the airline’s stock worth $14,637,000 after acquiring an additional 125,066 shares in the last quarter. First Hawaiian Bank acquired a new stake in shares of Southwest Airlines during the 3rd quarter worth about $1,829,000. Nisa Investment Advisors LLC raised its position in shares of Southwest Airlines by 5.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 232,718 shares of the airline’s stock worth $14,531,000 after acquiring an additional 10,991 shares in the last quarter. Finally, BB&T Corp acquired a new stake in shares of Southwest Airlines during the 3rd quarter worth about $292,000. 80.88% of the stock is owned by institutional investors.

Shares of LUV stock traded down $0.33 during midday trading on Wednesday, hitting $53.06. The company had a trading volume of 5,114,825 shares, compared to its average volume of 5,310,835. Southwest Airlines Co has a 52-week low of $44.28 and a 52-week high of $64.02. The company has a market capitalization of $29.51 billion, a P/E ratio of 12.51, a price-to-earnings-growth ratio of 0.83 and a beta of 1.54. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 0.45.

Southwest Airlines (NYSE:LUV) last announced its earnings results on Thursday, January 24th. The airline reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.11. Southwest Airlines had a return on equity of 24.56% and a net margin of 11.22%. The company had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.68 billion. During the same period last year, the business posted $0.77 EPS. The company’s revenue was up 8.5% on a year-over-year basis. As a group, equities analysts predict that Southwest Airlines Co will post 5.08 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, March 5th. This represents a $0.64 annualized dividend and a dividend yield of 1.21%. Southwest Airlines’s dividend payout ratio (DPR) is currently 15.09%.

Several equities research analysts have recently weighed in on LUV shares. Goldman Sachs Group started coverage on Southwest Airlines in a research report on Monday, November 12th. They set a “neutral” rating and a $61.00 target price on the stock. Morgan Stanley cut their target price on Southwest Airlines from $68.00 to $64.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 14th. Credit Suisse Group began coverage on Southwest Airlines in a research note on Monday, November 19th. They set a “neutral” rating and a $54.00 price target on the stock. Susquehanna Bancshares began coverage on Southwest Airlines in a research note on Wednesday, November 28th. They set a “neutral” rating and a $56.00 price target on the stock. Finally, Citigroup raised their price target on Southwest Airlines from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday, November 29th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $61.76.

In other Southwest Airlines news, Director John T. Montford sold 980 shares of Southwest Airlines stock in a transaction that occurred on Wednesday, December 12th. The stock was sold at an average price of $51.27, for a total value of $50,244.60. Following the transaction, the director now directly owns 20,983 shares in the company, valued at approximately $1,075,798.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.23% of the company’s stock.

WARNING: This article was originally reported by Fairfield Current and is owned by of Fairfield Current. If you are accessing this article on another publication, it was illegally copied and republished in violation of US & international copyright & trademark law. The original version of this article can be viewed at https://www.fairfieldcurrent.com/news/2019/03/06/transamerica-financial-advisors-inc-has-78000-stake-in-southwest-airlines-co-luv.html.

About Southwest Airlines

Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2017, the company operated a total of 706 Boeing 737 aircraft; and served 100 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

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Institutional Ownership by Quarter for Southwest Airlines (NYSE:LUV)

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Stratos Wealth Partners LTD. Has $3.13 Million Stake in Southwest Airlines Co (NYSE:LUV)

Millennium Management LLC increased its holdings in Southwest Airlines by 107.6% during the second quarter. Millennium Management LLC now …

Southwest Airlines logoStratos Wealth Partners LTD. cut its stake in shares of Southwest Airlines Co (NYSE:LUV) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 67,231 shares of the airline’s stock after selling 4,576 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Southwest Airlines were worth $3,125,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Millennium Management LLC increased its holdings in Southwest Airlines by 107.6% during the second quarter. Millennium Management LLC now owns 33,349 shares of the airline’s stock worth $1,697,000 after buying an additional 17,285 shares during the last quarter. IFM Investors Pty Ltd increased its holdings in shares of Southwest Airlines by 11.4% during the third quarter. IFM Investors Pty Ltd now owns 8,674 shares of the airline’s stock worth $542,000 after buying an additional 888 shares in the last quarter. Fisher Asset Management LLC acquired a new stake in shares of Southwest Airlines during the third quarter worth approximately $234,000. IFP Advisors Inc increased its holdings in shares of Southwest Airlines by 28.1% during the third quarter. IFP Advisors Inc now owns 20,411 shares of the airline’s stock worth $1,275,000 after buying an additional 4,479 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Southwest Airlines by 40.4% during the third quarter. First Trust Advisors LP now owns 1,257,418 shares of the airline’s stock worth $78,526,000 after buying an additional 361,607 shares in the last quarter. 80.88% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE LUV traded down $0.78 during midday trading on Monday, reaching $53.56. 170,815 shares of the stock were exchanged, compared to its average volume of 4,897,754. The stock has a market cap of $29.64 billion, a price-to-earnings ratio of 12.63, a P/E/G ratio of 0.83 and a beta of 1.54. Southwest Airlines Co has a 12 month low of $44.28 and a 12 month high of $64.02. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 0.45.

Southwest Airlines (NYSE:LUV) last announced its quarterly earnings results on Thursday, January 24th. The airline reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.11. Southwest Airlines had a net margin of 11.22% and a return on equity of 24.56%. The company had revenue of $5.70 billion for the quarter, compared to analysts’ expectations of $5.68 billion. During the same period last year, the firm posted $0.77 earnings per share. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. On average, research analysts anticipate that Southwest Airlines Co will post 5.08 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th will be given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Tuesday, March 5th. Southwest Airlines’s dividend payout ratio (DPR) is presently 15.09%.

Several analysts have recently weighed in on LUV shares. Macquarie lowered shares of Southwest Airlines from an “outperform” rating to a “neutral” rating in a report on Friday, February 22nd. Zacks Investment Research raised shares of Southwest Airlines from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research note on Friday, January 11th. Imperial Capital reissued an “in-line” rating and set a $58.00 price target (down from $60.00) on shares of Southwest Airlines in a research note on Thursday, February 21st. Credit Suisse Group began coverage on shares of Southwest Airlines in a research note on Monday, November 19th. They set a “neutral” rating and a $54.00 price target on the stock. Finally, Cowen reissued a “market perform” rating and set a $58.00 price target (up from $54.00) on shares of Southwest Airlines in a research note on Friday, January 25th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $61.76.

In other news, Director John T. Montford sold 980 shares of Southwest Airlines stock in a transaction dated Wednesday, December 12th. The shares were sold at an average price of $51.27, for a total value of $50,244.60. Following the completion of the transaction, the director now owns 20,983 shares of the company’s stock, valued at approximately $1,075,798.41. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.23% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was reported by Fairfield Current and is the property of of Fairfield Current. If you are reading this news story on another publication, it was illegally stolen and republished in violation of United States & international copyright & trademark law. The correct version of this news story can be viewed at https://www.fairfieldcurrent.com/news/2019/03/04/stratos-wealth-partners-ltd-cuts-holdings-in-southwest-airlines-co-luv.html.

Southwest Airlines Company Profile

Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2017, the company operated a total of 706 Boeing 737 aircraft; and served 100 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

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Institutional Ownership by Quarter for Southwest Airlines (NYSE:LUV)

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4550 Shares in Southwest Airlines Co (LUV) Purchased by Fluent Financial LLC

Millennium Management LLC raised its position in shares of Southwest Airlines by 107.6% in the second quarter. Millennium Management LLC now …

Southwest Airlines logoFluent Financial LLC bought a new position in Southwest Airlines Co (NYSE:LUV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,550 shares of the airline’s stock, valued at approximately $211,000.

Other hedge funds also recently modified their holdings of the company. Millennium Management LLC raised its position in shares of Southwest Airlines by 107.6% in the second quarter. Millennium Management LLC now owns 33,349 shares of the airline’s stock worth $1,697,000 after buying an additional 17,285 shares in the last quarter. IFM Investors Pty Ltd boosted its position in Southwest Airlines by 11.4% during the 3rd quarter. IFM Investors Pty Ltd now owns 8,674 shares of the airline’s stock valued at $542,000 after acquiring an additional 888 shares in the last quarter. Fisher Asset Management LLC purchased a new position in shares of Southwest Airlines during the third quarter valued at approximately $234,000. IFP Advisors Inc lifted its holdings in shares of Southwest Airlines by 28.1% during the third quarter. IFP Advisors Inc now owns 20,411 shares of the airline’s stock valued at $1,275,000 after purchasing an additional 4,479 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Southwest Airlines by 40.4% during the 3rd quarter. First Trust Advisors LP now owns 1,257,418 shares of the airline’s stock valued at $78,526,000 after buying an additional 361,607 shares during the last quarter. Institutional investors own 80.88% of the company’s stock.

Several research analysts recently weighed in on the stock. Imperial Capital reaffirmed an “in-line” rating and issued a $62.00 target price (up previously from $56.00) on shares of Southwest Airlines in a report on Tuesday, December 4th. Credit Suisse Group reiterated a “hold” rating and set a $56.00 price objective (down from $60.00) on shares of Southwest Airlines in a research note on Thursday, February 21st. Macquarie cut shares of Southwest Airlines from an “outperform” rating to a “neutral” rating in a report on Friday, February 22nd. Cowen reiterated a “market perform” rating and issued a $58.00 target price (up previously from $54.00) on shares of Southwest Airlines in a research report on Friday, January 25th. Finally, Vertical Research started coverage on shares of Southwest Airlines in a research note on Monday, February 4th. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $61.76.

NYSE:LUV opened at $53.99 on Monday. Southwest Airlines Co has a 1-year low of $44.28 and a 1-year high of $64.02. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $29.64 billion, a price-to-earnings ratio of 12.73, a P/E/G ratio of 0.83 and a beta of 1.54.

Southwest Airlines (NYSE:LUV) last released its earnings results on Thursday, January 24th. The airline reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.11. Southwest Airlines had a return on equity of 24.56% and a net margin of 11.22%. The firm had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.68 billion. During the same quarter in the prior year, the firm posted $0.77 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. Research analysts anticipate that Southwest Airlines Co will post 5.08 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.19%. The ex-dividend date is Tuesday, March 5th. Southwest Airlines’s payout ratio is 15.09%.

In other news, Director John T. Montford sold 980 shares of the firm’s stock in a transaction dated Wednesday, December 12th. The stock was sold at an average price of $51.27, for a total transaction of $50,244.60. Following the sale, the director now owns 20,983 shares of the company’s stock, valued at $1,075,798.41. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.23% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://www.fairfieldcurrent.com/news/2019/03/04/fluent-financial-llc-invests-211000-in-southwest-airlines-co-luv.html.

Southwest Airlines Company Profile

Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2017, the company operated a total of 706 Boeing 737 aircraft; and served 100 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

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Institutional Ownership by Quarter for Southwest Airlines (NYSE:LUV)

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