Bokf Na acquired a new stake in JetBlue Airways Corporation (NASDAQ:JBLU) during the third quarter, according to its most recent disclosure with the SEC. The firm acquired 113,016 shares of the company’s stock, valued at approximately $1,948,000.

A number of other hedge funds also recently bought and sold shares of JBLU. SignalPoint Asset Management LLC increased its position in shares of JetBlue Airways Corporation by 6.9% in the second quarter. SignalPoint Asset Management LLC now owns 22,367 shares of the company’s stock worth $370,000 after buying an additional 1,436 shares in the last quarter. Capital Fund Management S.A. boosted its stake in shares of JetBlue Airways Corporation by 401.9% in the second quarter. Capital Fund Management S.A. now owns 976,431 shares of the company’s stock valued at $16,170,000 after buying an additional 781,870 shares during the last quarter. Smith Graham & Co. Investment Advisors LP boosted its stake in shares of JetBlue Airways Corporation by 16.2% in the second quarter. Smith Graham & Co. Investment Advisors LP now owns 310,340 shares of the company’s stock valued at $5,139,000 after buying an additional 43,230 shares during the last quarter. Calamos Advisors LLC boosted its stake in shares of JetBlue Airways Corporation by 44.0% in the second quarter. Calamos Advisors LLC now owns 16,700 shares of the company’s stock valued at $277,000 after buying an additional 5,100 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of JetBlue Airways Corporation by 52.8% in the second quarter. American Century Companies Inc. now owns 2,633,712 shares of the company’s stock valued at $43,614,000 after buying an additional 909,876 shares during the last quarter. Hedge funds and other institutional investors own 80.95% of the company’s stock.

Institutional Ownership by Quarter for JetBlue Airways Corporation (NASDAQ:JBLU)

Shares of JetBlue Airways Corporation (NASDAQ:JBLU) traded down 0.27% on Friday, hitting $21.76. The company had a trading volume of 3,915,334 shares. The firm has a 50-day moving average price of $21.70 and a 200 day moving average price of $18.39. The company has a market capitalization of $7.04 billion, a P/E ratio of 9.66 and a beta of 0.34. JetBlue Airways Corporation has a 12-month low of $14.76 and a 12-month high of $23.67.

JetBlue Airways Corporation (NASDAQ:JBLU) last announced its earnings results on Tuesday, October 25th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by $0.02. JetBlue Airways Corporation had a net margin of 11.66% and a return on equity of 21.13%. The firm earned $1.73 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same period in the prior year, the business posted $0.58 EPS. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. Equities analysts expect that JetBlue Airways Corporation will post $2.18 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This story was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another website, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this story can be viewed at http://www.watchlistnews.com/bokf-na-invests-1948000-in-jetblue-airways-corporation-jblu/1060537.html.

Several brokerages recently commented on JBLU. Imperial Capital reissued an “outperform” rating and issued a $31.00 price target on shares of JetBlue Airways Corporation in a research note on Saturday, January 7th. Cowen and Company cut JetBlue Airways Corporation from an “outperform” rating to a “market perform” rating and set a $23.00 price target for the company. in a research note on Wednesday, January 4th. Raymond James Financial, Inc. cut JetBlue Airways Corporation from an “outperform” rating to a “market perform” rating in a research note on Wednesday, December 21st. Vetr raised JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $24.25 price target for the company in a research note on Thursday, December 15th. Finally, Barclays PLC began coverage on JetBlue Airways Corporation in a research note on Thursday, December 15th. They issued an “overweight” rating and a $33.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. JetBlue Airways Corporation presently has a consensus rating of “Buy” and a consensus target price of $25.27.

In other JetBlue Airways Corporation news, Director Joel Clinton Peterson sold 5,120 shares of the business’s stock in a transaction that occurred on Tuesday, November 1st. The stock was sold at an average price of $17.37, for a total transaction of $88,934.40. Following the transaction, the director now owns 589,533 shares of the company’s stock, valued at approximately $10,240,188.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robin Hayes sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 3rd. The stock was sold at an average price of $22.66, for a total value of $45,320.00. Following the transaction, the chief executive officer now directly owns 351,881 shares in the company, valued at approximately $7,973,623.46. The disclosure for this sale can be found here. 0.70% of the stock is owned by corporate insiders.

About JetBlue Airways Corporation

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. It operates various types of aircrafts, including Airbus A321, Airbus A320 and Embraer E190. It also provides premium transcontinental product called Mint.

5 Day Chart for NASDAQ:JBLU

Want to see what other hedge funds are holding JBLU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JetBlue Airways Corporation (NASDAQ:JBLU).

Receive News & Ratings for JetBlue Airways Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JetBlue Airways Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.