Cottage Street Advisors LLC Purchases New Stake in Southwest Airlines Co (LUV)

Cornelia Mascio
Gennaio 17, 2018

This company shares are 21.81% off its target price of $39.77 and the current market capitalization stands at $1.96B.

LUV traded at an unexpectedly low level on 01/15/2018 when the stock experienced a 0.8% gain to a closing price of $65.36. Overall, 4.51 Million shares exchanged hands versus its average trading volume of 4.73 Million shares.

16 analysts on average are expecting Southwest Airlines report earnings of $0.87 per share for the current quarter. It has outperformed by 20.93% the S&P500.

Hrt Financial Llc increased its stake in Pepsico Inc (PEP) by 426.48% based on its latest 2017Q3 regulatory filing with the SEC. Insiders have sold 35,561 shares of company stock worth $2,277,774 over the last quarter. The institutional investor held 13,478 shares of the consumer non-durables company at the end of 2017Q3, valued at $1.50M, up from 2,560 at the end of the previous reported quarter. The stock increased 0.43% or $0.5 during the last trading session, reaching $117.38. About 5.79M shares traded or 30.37% up from the average. (NYSE:NOV) has risen 11.97% since January 15, 2017 and is uptrending. It has outperformed by 8.62% the S&P500. Following the transaction, the director now directly owns 23,715 shares in the company, valued at $1,207,804.95. Southwest Airlines Company's dividend payout ratio (DPR) is 11.40%. The company now has a consensus rating of "Buy" and an average target price of $67.93. The business's revenue was up 2.6% compared to the same quarter last year. analysts forecast that Southwest Airlines Co will post 3.52 earnings per share for the current fiscal year. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Therefore 84% are positive. In order to determine directional movement, the 50-day and 200-day moving averages for Southwest Airlines Co. The company was maintained on Friday, July 28 by Cowen & Co. Cowen & Co maintained it with "Outperform" rating and $47 target in Friday, July 22 report.

Southwest Airlines (NYSE:LUV) last posted its earnings results on Thursday, October 26th.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 4th. The firm earned "Overweight" rating on Thursday, December 14 by Atlantic Securities. Smith Moore & CO. acquired a new stake in shares of Southwest Airlines in the third quarter valued at about $206,000. The firm has "Outperform" rating by Cowen & Co given on Friday, June 24. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Southwest Airlines in a research report on Tuesday, September 12th. (NYSE:LUV) on Friday, April 15 to "Equal-Weight" rating. Stifel Nicolaus has "Buy" rating and $80 target. Roth Capital downgraded the shares of EFOI in report on Thursday, November 5 to "Neutral" rating. If you've been keeping an eye on Southwest Airlines for a while, now might be the time to make a leap. O's profit will be $203.17 million for 18.38 P/E if the $0.72 EPS becomes a reality. The Earnings Yield Five Year average for Southwest Airlines 0.046359.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.09, from 1.01 in 2017Q2.

VANGUARD GROUP INC raised its stake in Hanesbrands Inc. Invictus RG now owns 2,771 shares of the airline's stock valued at $109,000 after buying an additional 2,395 shares during the last quarter. Barclays Public Limited Company invested 0.01% in Southwest Airlines Co. (NYSE:LUV) or 60,000 shares. (NASDAQ:PEP). Btc Mgmt Inc reported 0.49% stake. The original version of this article can be read at (NYSE:LUV). Moors Cabot holds 0.12% or 14,410 shares in its portfolio. 384 are owned by Greenleaf Tru. Ing Groep Nv holds 48,242 shares or 0.05% of its portfolio. Brown Advisory accumulated 7,600 shares.

At the session level, shares of Hanesbrands Inc.(NYSE:HBI) moved 0.49% from the open.

Among 19 analysts covering Southwest Airlines Co.

LUV has been the topic of a number of analyst reports. Dupont Cap Mgmt Corporation owns 18,387 shares. Trust Department Mb Bancorporation N A has invested 0.01% in Cummins Inc. Therefore 0 are positive. Zoetis Inc had 67 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Pepsico, Inc. The firm earned "Buy" rating on Monday, July 24 by Stifel Nicolaus. The stock has "Buy" rating by Cowen & Co on Monday, July 17. The rating was initiated by Deutsche Bank with "Buy" on Tuesday, December 20. The company was downgraded on Tuesday, September 22 by Zacks.

Investors sentiment increased to 1.1 in 2017 Q3. Its down 0.04, from 1.38 in 2017Q2. It is positive, as 41 investors sold ZTS shares while 233 reduced holdings. 29 funds opened positions while 68 raised stakes. 609.74 million shares or 0.30% less from 611.55 million shares in 2017Q2 were reported. (NYSE:CRM). X Mgmt Lc owns 3,582 shares. California State Teachers Retirement System, a California-based fund reported 31,697 shares. Reynders Mcveigh Management Lc has invested 0.09% of its portfolio in Zoetis Inc. Gemmer Asset Limited Liability Corp accumulated 158 shares or 0% of the stock. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. Olstein Cap Mngmt Ltd Partnership has 44,000 shares for 0.36% of their portfolio. Blackrock Incorporated invested in 3.33 million shares or 0.02% of the stock. Sumitomo Mitsui Asset Ltd reported 29,759 shares. First Allied Advisory Serv Incorporated reported 0.03% of its portfolio in Zoetis Inc. (NYSE:CRM). Granite Investment Prns Ltd Co invested in 0.56% or 96,307 shares. Rothschild Asset Mgmt, a New York-based fund reported 248,096 shares. It improved, as 53 investors sold NOV shares while 189 reduced holdings. (NYSE:CMI) for 6,623 shares.

Roundview Capital Llc, which manages about $323.08 million and $349.60 million US Long portfolio, decreased its stake in Disney Walt Co Com (NYSE:DIS) by 7,747 shares to 56,666 shares, valued at $5.59 million in 2017Q3, according to the filing.

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