Analyst Recommendations Watch: Southwest Airlines Co. (LUV)

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The stock of Southwest Airlines Co (NYSE:LUV) has "Outperform" rating given on Friday, January 27 by Imperial Capital. It has outperformed by 20.93% the S&P500.

Madison Investment Holdings Inc decreased Schlumberger Ltd (SLB) stake by 4.35% reported in 2016Q4 SEC filing. The firm owned 167,833 shares of the airline's stock after purchasing an additional 114,419 shares during the quarter. Ameriprise Financial Inc. now owns 8,836,067 shares of the airline's stock worth $549,016,000 after purchasing an additional 1,026,892 shares during the period. Sumitomo Mitsui Asset Management Company LTD now owns 15,748 shares of the airline's stock valued at $846,000 after acquiring an additional 171 shares in the last quarter. About 46 shares traded. It has underperformed by 24.57% the S&P500. Wolfe analysis cut shares of Southwest Airlines from an outperform recommendation to a market perform recommendation and fixed a $63.00 PT on the a study report on early Mon, Jul 10th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Therefore 73% are positive. Southwest Airlines Company has a 1-year low of $36.31 and a 1-year high of $64.39. Zacks Investment Research downgraded shares of Southwest Airlines from a buy rating to a hold rating in a report on Tuesday, August 1st. Cowen & Co maintained the shares of LUV in report on Thursday, September 7 with "Buy" rating. On Wednesday, January 25 the stock rating was downgraded by JP Morgan to "Neutral". JP Morgan upgraded the stock to "Overweight" rating in Thursday, July 30 report. The company was maintained on Friday, April 29 by RBC Capital Markets. Credit Suisse has "Outperform" rating and $53 target. The rating was maintained by Cowen & Co with "Outperform" on Friday, July 22.

Telemus Capital Llc, which manages about $2.42 billion and $736.98M US Long portfolio, decreased its stake in Hormel Foods Corp (NYSE:HRL) by 10,149 shares to 12,990 shares, valued at $452,000 in 2016Q4, according to the filing. Following the completion of the transaction, the director now owns 66,969 shares in the company, valued at approximately $3,616,326. Spdr S&P 500 Etf Tr (SPY) was raised too.

Investors sentiment decreased to 0.67 in Q4 2016. Its up 0.15, from 0.91 in 2016Q3. It is negative, as 65 investors sold SLB shares while 567 reduced holdings.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. 484.24 million shares or 6.71% more from 453.81 million shares in 2016Q3 were reported. Point72 Asia (Hong Kong) Limited owns 4,659 shares.

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Stock market analysts and brokers have recently amended their target prices on shares of Southwest Airlines Company (NYSE:LUV).

Puravankara Projects Limited (PURVA.NS) shares have been sparking interest of late as the volume moving average (VMA) has climbed steadily over the past seven bars. Year to Date (YTD) performance of Southwest Airlines Co. Stifel Financial Corp has invested 0.02% in Southwest Airlines Co (NYSE:LUV). Whittier Comm, a California-based fund reported 2,200 shares. The New Jersey-based New Jersey Better Educational Savings Trust has invested 0.45% in Southwest Airlines Co (NYSE:LUV).

The top 5 institutional holders, in ascending order, are as follows: PRIMECAP MANAGEMENT CO/CA/ with 71.8 million shares, BERKSHIRE HATHAWAY INC with 47.66 million shares, VANGUARD GROUP INC with 38 million shares, FMR LLC with 33.01 million shares, and BLACKROCK INC. with 30.48 million shares. Group Inc One Trading Limited Partnership has invested 0.06% in Southwest Airlines Co (NYSE:LUV). Qs Invsts Limited Liability reported 42 shares or 0% of all its holdings. 459.06 million shares or 0.50% less from 461.37 million shares in 2016Q3 were reported.

Since May 17, 2017, it had 0 insider purchases, and 7 insider sales for $4.10 million activity. Van de Ven Michael G sold $872,769 worth of stock. Shares for $81,648 were sold by KELLY GARY C on Wednesday, May 17. Stifel Nicolaus maintained Southwest Airlines Co (NYSE:LUV) on Monday, July 24 with "Buy" rating. The days to cover increased to 2.0 and the short interest percentage is 0.01% as of August 15. 118 funds opened positions while 550 raised stakes. Pr Herzig And Inc accumulated 4,650 shares or 0.8% of the stock. Shanda Asset Management Holdings Ltd owns 1.24 million shares or 2.48% of their USA portfolio. Oakworth Capital has invested 0.23% in Schlumberger Limited. Arrow Finance holds 0.05% or 3,165 shares. Keybank National Association Oh invested in 69,780 shares or 0.02% of the stock. Braver Wealth Mgmt Limited Liability Com accumulated 53,979 shares. Andra Ap holds 160,800 shares or 0.28% of its portfolio. State Street reported 21.39M shares stake. First Manhattan stated it has 0% of its portfolio in CVR Partners LP (NYSE:UAN). Over a month, it has seen its stock price volatility to stay at 2.6% while shortening the period to a week, volatility was 2.1%. Therefore 50% are positive. Spirit Realty Capital had 39 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has "Hold" rating by Piper Jaffray given on Monday, September 4. Finally, ValuEngine raised Southwest Airlines from a "hold" rating to a "buy" rating in a report on Friday, June 2nd. This repurchase authorization permits the airline to reacquire up to 5.8% of its shares through open market purchases.