Analyst Upside Underscores Impressive Growth for Southwest Airlines Co. (NYSE:LUV)

Marco Green
September 13, 2017

Financial Counselors Inc. now owns 24,155 shares of the airline's stock worth $1,501,000 after buying an additional 702 shares during the last quarter. Telekomunikasi Indonesia Adr now has $36.29B valuation. Considering that the stock daily volume of 8.03 million shares, this represents a pretty noteworthy trading in volume size in recent session.

Traders may also be paying close attention to RSI levels on shares of Southwest Airlines Co (LUV). It has outperformed by 20.93% the S&P500. The insider Lamb Jeff sold 19,800 shares worth $1.21 million.

Active traders have a wide range of technical indicators at their disposal for when completing technical stock analysis. The stock rose 0.37% or $0.2 reaching $53.8. It has underperformed by 23.83% the S&P500. JPMorgan Chase & Co. raised its position in Southwest Airlines Company by 73.0% in the third quarter. Six analysts rating the company a strong buy, six analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $54.82. LUV price is down almost -21.79% from its 52-week high price of $64.39 a share but is up about 31.32% from its 52-week low price of $36.31 a share. Citigroup Inc. started coverage on Southwest Airlines Company in a research report on Friday, November 18th. The firm has "Buy" rating by SunTrust given on Thursday, June 2. Deutsche Bank maintained Southwest Airlines Co (NYSE:LUV) rating on Friday, October 23.

Southwest Airlines Co (LUV)'s Williams Percent Range or 14 day Williams %R now sits at -11.11. The third largest holder is Vanguard Group Inc, which now holds $2.01 billion worth of this stock and that ownership represents almost 6.21% of its market capitalization. As per Monday, July 24, the company rating was maintained by Stifel Nicolaus. Zacks Investment Research raised shares of Southwest Airlines from a "hold" rating to a "buy" rating and set a $68.00 price target for the company in a research note on Tuesday, June 6th. As per Friday, April 28, the company rating was maintained by Cowen & Co. Barclays Capital upgraded the shares of LUV in report on Friday, April 15 to "Equal-Weight" rating. As per Thursday, September 3, the company rating was maintained by Imperial Capital. Shanda Asset Management Holdings Ltd owns 1.24 million shares or 2.48% of their USA portfolio. The shares price has directed 43.55% toward a higher level throughout a year ago and swapped -0.76% toward a weak spot during past one month. Assured Gu (NYSE:AGO) was raised too. Its down 0.23, from 0.9 in 2016Q3. It fall, as 71 investors sold LUV shares while 296 reduced holdings. Hartford Mgmt accumulated 84,041 shares. Northwestern Mutual Wealth Management Co. grew its stake in shares of Southwest Airlines by 11.0% during the second quarter. Great West Life Assurance Com Can, Manitoba - Canada-based fund reported 533,193 shares. Beach Investment Counsel Pa holds 241,081 shares or 1.37% of its portfolio.

08/18/2017 - Southwest Airlines Company was upgraded to "outperform" by analysts at Wolfe Research. Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. Egerton Capital UK LLP lifted its holdings in shares of Southwest Airlines by 39.0% during the 1st quarter. State Treasurer State Of Michigan reported 201,284 shares. Headinvest Ltd Com reported 13,375 shares. BidaskClub cut shares of Southwest Airlines from a strong-buy recommendation to a buy recommendation in a study report on early Wed, Jul 12th. Zurcher Kantonalbank (Zurich Cantonalbank) reported 74,336 shares.

Since May 17, 2017, it had 0 buys, and 7 sales for $4.10 million activity. Portland Global Advisors Ltd Liability Company stated it has 0.94% of its portfolio in Schlumberger Limited. New York-based Altfest L J & Inc has invested 0.79% in Southwest Airlines Co (NYSE:LUV). Another trade for 1,427 shares valued at $81,648 was made by KELLY GARY C on Wednesday, May 17.

Now we take a performance look how Southwest Airlines Co. The insider Van de Ven Michael G sold 15,273 shares worth $872,769.

Investors sentiment decreased to 0.83 in 2016 Q4. Its up 0.06, from 0.86 in 2016Q3. (NYSE:LUV) by some 25,121,092 shares, 410 decreased positions by 35,492,851 and 126 held positions by 418,815,858. Janney Montgomery Scott Ltd Llc has 0.02% invested in Mosaic Co (NYSE:MOS). Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued. Wasatch Advsr invested in 0.08% or 178,000 shares. 231,059 were reported by Amp Invsts Limited. Palladium Prns Ltd Company accumulated 164,127 shares or 0.69% of the stock. 106,072 were reported by Ahl Prns Limited Liability Partnership. Andra Ap holds 160,800 shares or 0.28% of its portfolio. First Manhattan stated it has 0% of its portfolio in CVR Partners LP (NYSE:UAN). Therefore 50% are positive. Equity Residential had 61 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Monday, March 20 by Goldman Sachs. The rating was maintained by Credit Suisse on Friday, January 22 with "Outperform". It also upped Eldorado Gold Corp New (NYSE:EGO) stake by 5.07M shares and now owns 8.45 million shares. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company's stock.

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