Southwest Airlines Co (NYSE:LUV) Chairman Sells 38779 Shares of Stock


$2.12 million worth of stock was sold by Jordan Robert E on Thursday, December 14. Following the sale, the chief financial officer now directly owns 114,962 shares in the company, valued at $6,662,047.90. The stock increased 0.30% or $0.13 during the last trading session, reaching $43.81. Morgan Dempsey Capital Management Llc sold 117,180 shares as Reynolds American Inc. (NASDAQ:EBAY) has risen 44.45% since March 11, 2017 and is uptrending. It has outperformed by 16.77% the S&P500.

Southwest Airlines (NYSE:LUV) last announced its quarterly earnings results on Thursday, January 25th. Avalon Advisors Llc sold 10,060 shares as the company's stock rose 1.26% with the market. Real Estate Management Services Llc who had been investing in Vornado Realty Trust for a number of months, seems to be less bullish one the $13.81 billion market cap company.

Southwest Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets.

The stock increased 2.28% or $1.33 during the last trading session, reaching $59.7. 4,019,233 shares of the company's stock traded hands, compared to its average volume of 4,110,105. It has outperformed by 20.93% the S&P500.

Since October 27, 2017, it had 0 insider buys, and 21 sales for $34.51 million activity. The insider EVENHUIS HENK sold $333,460. The stock was sold at an average price of $57.35, for a total value of $1,783,527.65. Shares for $133,466 were sold by Romo Tammy on Wednesday, February 21. Little Frank R Jr. also sold $351,708 worth of 3M Company (NYSE:MMM) on Friday, October 27. Also, COO De Ven Michael G. Van sold 31,099 shares of Southwest Airlines stock in a transaction that occurred on Friday, March 2nd. BB&T Investment Services Inc. grew its stake in shares of Southwest Airlines by 325.5% during the third quarter. SeaCrest Wealth Management LLC purchased a new position in shares of Southwest Airlines during the fourth quarter valued at approximately $136,000.

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.07, from 0.89 in 2017Q2.

Several other institutional investors have also bought and sold shares of the company. 227,729 shares or 99.97% less from 659.45 million shares in 2017Q2 were reported. Bancorpsouth holds 0.03% or 6,132 shares. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 0.45. Compton Management Ri has 14,583 shares. State Of Tennessee Treasury Department stated it has 46,871 shares or 0.02% of all its holdings. Cambridge Rech Advsrs holds 0.26% or 91,953 shares. 281,298 are owned by Waterfront Cap Prtnrs Limited Liability. (NYSE:LUV) or 1,695 shares. Patten Grp Inc reported 1.31% of its portfolio in 3M Company (NYSE:MMM). Baldwin Brothers Ma holds 700 shares or 0.01% of its portfolio. Janney Montgomery Scott Limited Liability Corp invested 0.43% of its portfolio in 3M Company (NYSE:MMM). Moody Fincl Bank Division stated it has 0.02% of its portfolio in Southwest Airlines Co. Southwest Airlines Co. had 64 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has an average rating of "Buy" and a consensus price target of $67.83. The rating was upgraded by Deutsche Bank on Tuesday, February 13 to "Buy". The firm earned "Hold" rating on Tuesday, January 9 by Bank of America. The company was maintained on Wednesday, October 25 by Argus Research. The company was maintained on Friday, October 27 by Buckingham Research. Reynolds American Inc. had 37 analyst reports since July 29, 2015 according to SRatingsIntel. After $2.10 actual EPS reported by 3M Company for the previous quarter, Wall Street now forecasts 20.48% EPS growth. On Thursday, December 14 Jordan Robert E sold $2.12M worth of Southwest Airlines Co. (NYSE:LUV) to report earnings on April, 26. Therefore 74% are positive.

ILLEGAL ACTIVITY NOTICE: "Cornerstone Wealth Management LLC Sells 1,038 Shares of Southwest Airlines Co (LUV)" was originally reported by StockNewsTimes and is the property of of StockNewsTimes. The firm has "Outperform" rating given on Friday, April 28 by Cowen & Co. The firm has "Overweight" rating by Morgan Stanley given on Thursday, January 5. See Southwest Airlines Co. The rating was initiated by Imperial Capital on Friday, September 9 with "Outperform". As per Thursday, October 27, the company rating was upgraded by JP Morgan. The rating was upgraded by J.P. Morgan to "Buy" on Friday, September 15.

Southwest Airlines (NYSE:LUV) opened at $59.70 on Monday. J.P. Morgan upgraded Southwest Airlines Co. Stifel Nicolaus maintained Southwest Airlines Co.

Among 17 analysts covering Reynolds American Inc. (NYSE:LUV). Winslow Evans & Crocker reported 12,106 shares. They expect $0.88 earnings per share, down 18.52% or $0.20 from last year's $1.08 per share. EBAY's profit will be $445.31M for 24.89 P/E if the $0.44 EPS becomes a reality. The airline reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.01.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.06, from 0.83 in 2017Q2. 70 funds opened positions while 213 raised stakes. About 4.20M shares traded. Moreover, First Dallas has 2.67% invested in Southwest Airlines Co. (NYSE:LUV) for 258,678 shares. Chevy Chase Trust Hldg stated it has 482,095 shares. (NYSE:LUV) or 11,202 shares. Paramount Group Inc was reduced too. (NYSE:LUV). White Pine Cap Ltd Liability Com holds 3,777 shares or 0% of its portfolio. Sigma Planning Corporation, a Michigan-based fund reported 9,404 shares. Blair William & Il has 0% invested in Southwest Airlines Co. (NYSE:LUV). Burney Communications holds 0.87% of its portfolio in Southwest Airlines Co. The Minnesota-based Bremer Trust Association has invested 0.52% in Southwest Airlines Co. 7,250 were accumulated by Palisade Cap Management Lc Nj. Provident Trust Co owns 2.67 million shares or 6.62% of their U.S. portfolio. Egerton Capital (Uk) Llp holds 3.33% or 6.66 million shares. Raymond James owns 0.03% invested in Southwest Airlines Co.

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