Traders Buy Southwest Airlines (LUV) on Weakness

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Note, this compares with a consensus analyst forecast of 0.85 in earnings per share for its next fiscal quarterly report. Southwest Airlines Co. has 52-Week high of $66.99 and 52-Week Low of $48.71. The stock increased 0.86% or $0.56 during the last trading session, reaching $65.4. The stock traded with the volume of 5.35 Million shares yesterday.

Southwest Airlines Co. (LUV) reported its last quarterly earnings on 9/29/2017 where the firm reported its Actual EPS of $0.88/share against the analyst consensus estimate of $0.87/share. It has outperformed by 20.93% the S&P500.

Atlanta Capital Group decreased its stake in Home Depot Inc (HD) by 4.81% based on its latest 2017Q3 regulatory filing with the SEC. Cypress Asset Management Inc sold 8,785 shares as the company's stock rose 15.46% with the market. Sei Investments Company who had been investing in Trinseo S A for a number of months, seems to be less bullish one the $3.36B market cap company.

The stock increased 1.11% or $0.05 during the last trading session, reaching $4.55. About 705,869 shares traded or 32.78% up from the average. The Home Depot, Inc. It has outperformed by 20.93% the S&P500. (NYSE:LUV) to report earnings on January, 25. During the same quarter in the previous year, the company posted $0.93 EPS. SAP's profit will be $1.88 billion for 17.75 P/E if the $1.59 EPS becomes a reality.

Since August 16, 2017, it had 0 insider purchases, and 5 selling transactions for $18.46 million activity. (NYSE:MDR), its shares were trading at $7.52 a gain of $0.06, on the trading floor.

Investors sentiment increased to 1.91 in Q3 2017. Its down 0.19, from 0.98 in 2017Q2. 359.18 million shares or 14.87% more from 312.67 million shares in 2017Q2 were reported. 254,787 were accumulated by Creative Planning. (NASDAQ:CEVA). Gsa Capital Ltd Liability Partnership stated it has 5,585 shares. Parkside Finance Bankshares & Tru reported 37 shares. Paloma Ptnrs Management holds 0.11% or 141,916 shares in its portfolio. Acg Wealth stated it has 1.8% of its portfolio in The Home Depot, Inc. Apg Asset Nv owns 0.07% invested in Core Laboratories N.V. (NYSE:CLB) for 460,557 shares. Icon Advisers Communication reported 0.02% in CEVA, Inc. (NYSE:HD). Colonial Advsr has 36,921 shares for 1.33% of their portfolio. Oppenheimer Asset Mgmt reported 0% of its portfolio in CEVA, Inc. Company insiders own 0.21% of the company's stock. (NYSE:HD). Ironwood Limited Liability Com has 110 shares. Gratry And Limited Liability Company has 4,440 shares.

Among 33 analysts covering The Home Depot Inc. (NYSE:LUV), 16 have Buy rating, 0 Sell and 3 Hold. Therefore 60% are positive. Mattel Inc. had 56 analyst reports since July 28, 2015 according to SRatingsIntel. Jefferies maintained Mattel, Inc. The rating was maintained by JP Morgan with "Overweight" on Wednesday, November 1. On Monday, December 11 the stock rating was maintained by Alembic with "Buy". The company presently has a consensus rating of "Buy" and a consensus price target of $67.93. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. Bernstein maintained The Home Depot, Inc. The firm has "Buy" rating given on Thursday, January 26 by Monness Crespi & Hardt. The stock of The Home Depot, Inc. (NYSE:LUV) has "Neutral" rating given on Wednesday, July 27 by JP Morgan. BMO Capital Markets maintained it with "Buy" rating and $191.0 target in Friday, December 15 report. As per Friday, January 27, the company rating was maintained by Imperial Capital. (NYSE:HD) has "Hold" rating given on Friday, September 29 by Piper Jaffray.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.06, from 0.83 in 2017Q2. It improved, as 69 investors sold LUV shares while 249 reduced holdings.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Peapack Gladstone Financial Corp now owns 4,277 shares of the airline's stock worth $266,000 after buying an additional 104 shares during the last quarter. Cypress Mngmt (Wy) holds 0.01% of its portfolio in Southwest Airlines Co.

Southwest Airlines Co (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. Harfst & Associates Inc. now owns 2,402 shares of the airline's stock valued at $149,000 after acquiring an additional 732 shares in the last quarter. Ledyard National Bank & Trust, New Hampshire-based fund reported 1,220 shares. Greenwood Capital Limited Company accumulated 47,427 shares or 0.66% of the stock.

Ws Management Lllp increased Pandora Media Inc (NYSE:P) stake by 8.15M shares to 8.35M valued at $64.30M in 2017Q3. Hawkins Limited Partnership invested in 1.86% or 80,100 shares. 1,900 were accumulated by Fukoku Mutual Life Insur Co. American Beacon holds 1.22% or 1,825 shares. (NASDAQ:MAT). Teachers Retirement Systems Of The State Of Kentucky reported 0.01% of its portfolio in Mattel, Inc. Geode Cap Mngmt Ltd Liability Com reported 192,053 shares. Columbus Circle has 0.25% invested in Southwest Airlines Co. (NYSE:LUV). Johnson Investment Counsel reported 8,145 shares. (NYSE:LUV). First Fin Corp In holds 0.01% or 300 shares in its portfolio.

Among 19 analysts covering Southwest Airlines Co.

Southwest Airlines Co. (NYSE:LUV), maintained return on investment for the last twelve months at 13.05, higher than what Reuters data shows regarding industry's average. For LUV, the company now has 1.46 billion of cash on the books, which is offset by 316 million in current liabilities.

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