Published: Fri, January 06, 2017
Economy | By Melissa Porter

Price Target Summary: Southwest Airlines Co. (NYSE:LUV)

Price Target Summary: Southwest Airlines Co. (NYSE:LUV)

On Wednesday, Shares of Southwest Airlines Co (NYSE:LUV) gained 2.64% to $51.30. The institutional investor owned 490,622 shares of the airline's stock after buying an additional 70,837 shares during the period. Analysts predict that Southwest Airlines Co. will post $3.66 EPS for the current fiscal year.

A number of other large investors also recently modified their holdings of the company.

Southwest Airlines Co. (Southwest) operates Southwest Airlines. The stock's market capitalization is 31.58B, it has a 52-week low of 33.96 and a 52-week high of 51.31. Trust Investment Advisors raised its position in Southwest Airlines Company by 0.3% in the second quarter. Invictus RG now owns 2,771 shares of the airline's stock worth $109,000 after buying an additional 2,395 shares in the last quarter. "We are thrilled Southwest Airlines has once again delivered", said Tommy Lewis, chair of the Nashville Air Service Coalition and senior vice president of Change Healthcare, in a news release. Evercore upgraded the stock to "Buy" rating in Tuesday, July 26 report. On that date, Southwest will launch 1X-daily service to Grand Cayman. Commonwealth Equity accumulated 139,902 shares or 0.04% of the stock.

On April 15, 2015, Southwest Airlines unveiled "Missouri One", a 737 specially theme-painted to honor the State of Missouri, at Kansas City International Airport. The stock's price moved down its 200-day moving average of $3.36. The company has an Average Rating of 2.35 based on Thomson Reuters I/B/E/S scale of 1-5. The company beat the analyst EPS Estimate with the difference of $0.05. The company earned $5.10 billion during the quarter, compared to the consensus estimate of $5.17 billion.

07/22/2016 - Southwest Airlines Company was downgraded to "neutral" by analysts at Buckingham Research.

According to Zacks Investment Research, "Southwest Airlines is a major domestic airline that provides primarily shorthaul, high-frequency, point-to-point, low-fare service".

Southwest is celebrating 45 years in business.

Insider Trades for Southwest Airlines Co. show that the latest trade was made on 14 Dec 2016 where Montford (John T), the Director completed a transaction type "Sell" in which 100 shares were traded at a price of $50.93. Shareholders of record on Thursday, December 8th will be paid a $0.10 dividend.

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