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

Lloyd Doyle
March 13, 2018

Becker Capital Management Inc sold 1,786 shares as the company's stock rose 7.02% with the market. The U S Global Investors Inc holds 253,402 shares with $14.18 million value, up from 245,443 last quarter. Becker Capital Management Inc who had been investing in 3M Co for a number of months, seems to be less bullish one the $143.72 billion market cap company. The stock decreased 100.00% or $66.89 during the last trading session, reaching $0. About 1.84 million shares traded.

The analysts offering 12 month price targets for Southwest Airlines Co. have a median target of $74, with a high estimate of $87 and a low estimate of $61. It has outperformed by 1.89% the S&P500. America First Investment Advisors Llc bought 3,996 shares as the company's stock rose 12.65% with the market.

Southwest Airlines Co (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. Its up 3.62% from 9.18M shares previously.

Bluestein R H & Co. reduced its position in shares of Southwest Airlines Co (NYSE:LUV) by 21.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. It has outperformed by 13.38% the S&P500.

Since October 17, 2017, it had 1 buy, and 8 insider sales for $7.20 million activity. The insider Keel Paul A sold $3.33 million. About 193,081 shares traded. THULIN INGE G sold $11,102 worth of stock. The rating was initiated by Imperial Capital on Friday, September 9 with "Outperform". Also, EVP Robert E. Jordan sold 32,931 shares of the business's stock in a transaction on Thursday, December 14th. Assenagon Asset Management S.A. purchased a new position in shares of Southwest Airlines in the third quarter worth about $2,547,000. Another trade for 2,300 shares valued at $133,466 was sold by Romo Tammy. Winch Advisory Services Ltd reported 146 shares or 0.01% of all its holdings.

Investors sentiment increased to 1.41 in Q3 2017. Its down 0.14, from 0.91 in 2017Q2. It is positive, as 21 investors sold RGLD shares while 69 reduced holdings. 101 funds opened positions while 417 raised stakes. Burt Wealth Advisors holds 0.01% in Southwest Airlines Co. Fdx Advsrs invested 0.15% in 3M Company (NYSE:MMM). Waverton Investment Management Limited has 14,265 shares for 0.04% of their portfolio. Morgan Dempsey Capital Management Llc sold 117,180 shares as Reynolds American Inc. Acg Wealth holds 9.32% or 254,655 shares. Advantage invested in 0% or 110 shares. 1,237 were accumulated by Alpha Windward Limited Liability Corp. (NYSE:LUV). Commonwealth Bancorporation Of Australia reported 0.05% stake. Quantitative Systematic Strategies Lc reported 40,270 shares stake. Wills Gp stated it has 1.74% in 3M Company (NYSE:MMM). Daiwa Sb Invests Ltd has invested 0.05% of its portfolio in Reynolds American Inc (NYSE:RAI). Everence owns 0.17% invested in Southwest Airlines Co. Bank invested in 0.08% or 82,700 shares.


Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 4 Sell and 5 Hold. Therefore 0 are positive.

Analysts await Southwest Airlines Co. The company was initiated on Monday, May 8 by Morgan Stanley. The firm earned "Hold" rating on Tuesday, January 9 by Bank of America. The rating was maintained by Numis Securities with "Buy" on Thursday, September 7. JP Morgan downgraded the shares of MMM in report on Wednesday, September 20 to "Underweight" rating. The stock has "Hold" rating by Jefferies on Friday, February 17. Vetr upgraded shares of Southwest Airlines from a "strong sell" rating to a "sell" rating and set a $60.23 target price for the company in a research report on Tuesday, December 26th. The rating was maintained by Cowen & Co with "Buy" on Friday, July 28.

LUV has been the subject of several research reports. After $2.10 actual EPS reported by 3M Company for the previous quarter, Wall Street now forecasts 20.48% EPS growth.

Among 19 analysts covering Southwest Airlines Co. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company. Southwest Airlines presently has an average rating of "Buy" and an average target price of $67.83. The stock has "Sell" rating by Credit Suisse on Monday, January 29. See Southwest Airlines Co. Stifel Nicolaus maintained the stock with "Buy" rating in Monday, July 24 report. The firm has "Outperform" rating given on Tuesday, November 22 by Imperial Capital. The firm has "Overweight" rating given on Thursday, October 27 by JP Morgan. $1.78 million worth of Southwest Airlines Co. Credit Suisse maintained it with "Outperform" rating and $55 target in Friday, January 22 report. ValuEngine cut shares of Southwest Airlines from a "buy" rating to a "hold" rating in a research report on Wednesday, January 3rd. With 530,700 avg volume, 18 days are for Warrior Met Coal Inc (NYSE:HCC)'s short sellers to cover HCC's short positions. J.P. Morgan upgraded Southwest Airlines Co. (NYSE:LUV) on Tuesday, October 17. The rating was maintained by Stifel Nicolaus on Thursday, May 25 with "Buy".

Southwest Airlines (NYSE:LUV) last issued its quarterly earnings results on Thursday, January 25th. They expect $0.81 EPS, up 32.79% or $0.20 from last year's $0.61 per share. (NYSE:LUV). Morgan Stanley invested in 0.03% or 2.05 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.02% of its portfolio in Southwest Airlines Co. Its up 0.06, from 0.83 in 2017Q2. 70 funds opened positions while 213 raised stakes. Lee Danner And Bass has invested 0.56% in Southwest Airlines Co. (NYSE:LUV) for 89,275 shares. Lpl Financial Ltd Liability Com accumulated 25,423 shares or 0.01% of the stock. (NYSE:LUV) or 144,133 shares. The company has market cap of $48.87 million. Alphamark Ltd Liability Corporation holds 0.02% or 890 shares. Royal Savings Bank Of Canada, a Ontario - Canada-based fund reported 71,263 shares. Citadel Advisors Limited holds 0.11% or 2.67M shares in its portfolio. Chicago Equity Ptnrs Ltd has 0.01% invested in Southwest Airlines Co. The New York-based Blackrock Inc has invested 0.08% in Southwest Airlines Co. Following the sale, the executive vice president now owns 30,262 shares in the company, valued at $1,781,826.56. Bancorp Of Ny Mellon holds 5.96 million shares. California Pub Employees Retirement Systems stated it has 0.12% of its portfolio in Southwest Airlines Co.

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