Thrivent Financial For Lutherans Increased Stake in Southwest Airlines Co (LUV) by $6.98 Million as Shares Declined

June 27, 2018 - By Jimmy Cauthen

Southwest Airlines Co. (NYSE:LUV) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.88. That’s change of 0.08, from 2017Q4’s 0.96. 79 investors sold all, 249 reduced holdings as LUV ratio dropped. 222 grew stakes while 65 funds amassed stakes. Funds hold 440.55 million shares thus 2.72% less from 2017Q4’s 452.86 million shares. Optimum Advsr has 0.16% invested in Southwest Airlines Co. (NYSE:LUV). Gibraltar Capital Incorporated has 5.71% invested in Southwest Airlines Co. (NYSE:LUV). Bremer Tru National Association reported 31,396 shs. Toth Advisory Corporation stated it has 0% in Southwest Airlines Co. (NYSE:LUV). Ferguson Wellman has invested 0.01% in Southwest Airlines Co. (NYSE:LUV). Cibc Ww Mkts owns 413,291 shs for 0.25% of their capital. Koch Industry reported 7,533 shs. Lpl Ltd Llc holds 85,722 shs or 0.01% of its capital. Bb&T Corp reported 4,060 shs stake. Wealthfront stated it has 16,036 shs. 8,488 were reported by Brown Advisory. Oxbow Ltd accumulated 1% or 85,807 shs. Comm National Bank accumulated 19,910 shs. Advisory Ser Incorporated has invested 0.13% in Southwest Airlines Co. (NYSE:LUV). Sg Americas Secs Llc reported 97,742 shs.

LUV registered $5.57 million net activity with 1 buy and 6 sales since February 12, 2018. $133,466 worth of Southwest Airlines Co. (NYSE:LUV) was sold by Romo Tammy. Another trade for 3,500 shs valued at $196,875 was bought by CUNNINGHAM WILLIAM H DR. The insider Wells Gregory D sold 8,323 shs worth $490,066. On Friday, March 2 Van de Ven Michael G also sold $1.78M worth of Southwest Airlines Co. (NYSE:LUV). 10,000 shs were sold by BROOKS DOUGLAS H, worth $600,491 on Tuesday, March 13.

Thrivent Financial For Lutherans’s stake in Southwest Airlines Co (LUV) is rose by 2.7% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock sank 11.16% while Thrivent Financial For Lutherans bought 122,372 shares. The air freight and delivery services company reported $266.44 million value for the 2018Q1. Now the institutional investor is holding 4.65 million shares, compared to the 4.53M from the previous quarter. $29.26B is the MC of Southwest Airlines Co. LUV is reaching $50.46 during the last trading session, after decreased 1.39%.Currently Southwest Airlines Co. is downtrending after 13.23% change in last June 27, 2017. LUV has also 2.09M shares volume. LUV underperformed the S&P500 by 25.80%.

The Thrivent Financial For Lutherans’s stake in Csx Corp (NYSE:CSX) was reduced by 166,680 shares to 3.57M shares valued at $199.04 million in 2018Q1, according to the filing. It manages about $82.94B and $29.56 billion US Long portfolio. For a total of 597,319 shares it reduced its holding in Hanmi Financial Corporations (NASDAQ:HAFC) by 597,503 shares in the quarter, and has cut its stake in Aon Plc (NYSE:AON).

For more Southwest Airlines Co. (NYSE:LUV) news published recently go to: Seekingalpha.com, Seekingalpha.com, Bizjournals.com, Seekingalpha.com or Bizjournals.com. The titles are as follows: “JetBlue: Leading The Way In May” published on June 26, 2018, “Passengers sue Southwest over fatal engine explosion” on June 21, 2018, “Southwest, Delta respond to Dallas’ proposal to solve Love Field dispute” with a publish date: June 14, 2018, “Southwest Airlines: Do You Let The Plane Crash?” and the last “Sky Harbor reports increase in May passengers” with publication date: June 26, 2018.

Southwest Airlines Co. (NYSE:LUV) Ratings Coverage

In total 15 analysts cover Southwest Airlines (NYSE:LUV). “Buy” rating has 10, “Sell” are 0, while 5 are “Hold”. (NYSE:LUV) has 67% bullish analysts. 24 are the (NYSE:LUV)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Tuesday, April 17 the firm has “Buy” rating by Stephens given. On Tuesday, January 30 JP Morgan downgraded Southwest Airlines Co. (NYSE:LUV) to “Neutral” rating. The stock rating was upgraded by Edward Jones to “Buy” on Tuesday, June 12. On Monday, April 30 the stock of Southwest Airlines Co. (NYSE:LUV) has “Buy” rating given by Citigroup. On Friday, April 27 Cowen & Co maintained Southwest Airlines Co. (NYSE:LUV) rating. Cowen & Co has “Buy” rating and $6500 target. In Thursday, April 12 report Morgan Stanley maintained it with “Overweight” rating and $69 target. On Monday, January 8 the firm earned “Buy” rating by Cowen & Co. On Tuesday, January 30 the rating was downgraded by J.P. Morgan to “Hold”. On Tuesday, January 9 the stock of Southwest Airlines Co. (NYSE:LUV) earned “Hold” rating by Bank of America. On Monday, March 26 the stock of Southwest Airlines Co. (NYSE:LUV) has “Overweight” rating given by Morgan Stanley.

Southwest Airlines Co. (NYSE:LUV) Institutional Investors Chart

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