(NYSE:AA) is 2.17. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. After the session commenced at $47.26, the stock reached the higher end at $47.28 while it hit a low of $46.45.
In other news, EVP Jeff Lamb sold 14,534 shares of Southwest Airlines Company stock in a transaction dated Friday, December 2nd. Citigroup Inc. initiated coverage on Southwest Airlines Company in a research report on Friday, November 18th. 15 Analysts reported that the Price Target for Southwest Airlines Co. might touch $65 high while the Average Price Target and Low price Target is $62.07 and $57 respectively. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. (NASDAQ:AAL): The stock price is expected to reach $ 53.91 in the short term. (NYSE:LUV) to Overweight with no specific Price Target on 1/05/17. The stock has a 50-day moving average price of $49.00 and a 200-day moving average price of $41.44.
Southwest Airlines Co. (NYSE:LUV) has a market capitalization of 35.25 Billion.
Institutional investors now hold around $25.92 billion or 77.8% in LUV stock. The company revealed that during the last quarter Berkshire drastically increased its positions in airline stocks: Southwest Airlines (LUV), Delta Airlines (DAL), United Continental (UAL), and American Airlines (AAL). The company had revenue of $9789.00 million for the quarter, compared to analysts expectations of $9735.82 million. During the same period a year ago, the business earned $0.90 earnings per share. During the same quarter in the previous year, the company posted $2.00 EPS.
In addition to this price estimate, the leading brokerages have announced the earnings estimates for Southwest Airlines Company (NYSE:LUV).
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 30th. Shareholders of record on Thursday, March 9th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date was Tuesday, December 6th. The company's P/E is 15.74 and Forward P/E ratio is 11.87. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of global trademark and copyright laws. The original version of this article can be viewed at https://www.com-unik.info/2017/02/16/southwest-airlines-company-luv-downgraded-by-vetr-inc-to-hold.html. American Airlines Group Inc.is the holding company for American Airlines and US Airways. The shares were sold at an average price of $50.93, for a total transaction of $25,974.30. The stock was sold at an average price of $48.10, for a total value of $699,085.40. The company had a trading volume of 1,668,742 shares. The disclosure for this sale can be found here. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.07% with $613.54 Million sitting short, betting on future declines. Insiders own 0.18% of the company's stock.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock.
MetLife, Inc.'s growth estimate for the current quarter is 7.5, and 56.6 percent for the next quarter. Baker Ellis Asset Management LLC now owns 4,700 shares of the airline's stock valued at $183,000 after buying an additional 600 shares in the last quarter. The Return on Equity (ROE) value stands at 28.2%. Hussman Strategic Advisors Inc. purchased a new position in shares of Southwest Airlines Company during the second quarter valued at approximately $3,921,000.
But now, be aware, these airline stocks are at their highest valuations in ten years! Equities analysts anticipate that Southwest Airlines Company will post $3.88 EPS for the current fiscal year.