Investors bought shares of Southwest Airlines Co (NYSE:LUV) on weakness during trading on Tuesday. $54.19 million flowed into the stock on the tick-up and $34.40 million flowed out of the stock on the tick-down, for a money net flow of $19.79 million into the stock. Of all companies tracked, Southwest Airlines had the 26th highest net in-flow for the day. Southwest Airlines traded down ($0.34) for the day and closed at $50.74

A number of analysts have issued reports on LUV shares. Goldman Sachs Group lowered shares of Southwest Airlines from a “neutral” rating to a “sell” rating and cut their price target for the stock from $66.00 to $54.00 in a research note on Wednesday, February 20th. Cowen lowered shares of Southwest Airlines from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $65.00 to $54.00 in a research note on Thursday, January 10th. Imperial Capital reiterated an “in-line” rating and set a $62.00 price target (up from $56.00) on shares of Southwest Airlines in a research note on Tuesday, December 4th. ValuEngine lowered shares of Southwest Airlines from a “hold” rating to a “sell” rating in a research note on Monday, March 11th. Finally, Wolfe Research upgraded shares of Southwest Airlines from a “market perform” rating to an “outperform” rating in a research note on Friday, December 7th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $61.76.

The stock has a market capitalization of $28.23 billion, a P/E ratio of 11.97, a PEG ratio of 0.87 and a beta of 1.51. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.64 and a quick ratio of 0.58.

Southwest Airlines (NYSE:LUV) last announced its quarterly earnings data on Thursday, January 24th. The airline reported $1.17 EPS for the quarter, topping the Zacks’ consensus estimate of $1.06 by $0.11. Southwest Airlines had a return on equity of 24.56% and a net margin of 11.22%. The business had revenue of $5.70 billion during the quarter, compared to the consensus estimate of $5.68 billion. During the same period in the previous year, the company posted $0.77 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. Research analysts anticipate that Southwest Airlines Co will post 5.16 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date is Tuesday, March 5th. Southwest Airlines’s payout ratio is currently 15.09%.

Several institutional investors have recently added to or reduced their stakes in LUV. Oregon Public Employees Retirement Fund increased its holdings in Southwest Airlines by 3,711.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 7,546,074 shares of the airline’s stock worth $162,000 after purchasing an additional 7,348,070 shares during the last quarter. BlackRock Inc. boosted its position in Southwest Airlines by 8.5% during the 4th quarter. BlackRock Inc. now owns 28,978,210 shares of the airline’s stock worth $1,346,907,000 after acquiring an additional 2,282,027 shares during the period. Norges Bank acquired a new position in Southwest Airlines during the 4th quarter worth $105,239,000. Millennium Management LLC boosted its position in Southwest Airlines by 88.1% during the 4th quarter. Millennium Management LLC now owns 4,592,257 shares of the airline’s stock worth $213,448,000 after acquiring an additional 2,151,057 shares during the period. Finally, TIAA CREF Investment Management LLC raised its stake in shares of Southwest Airlines by 110.8% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 3,496,061 shares of the airline’s stock worth $218,329,000 after buying an additional 1,837,517 shares in the last quarter. Institutional investors own 79.77% of the company’s stock.

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Southwest Airlines Company Profile (NYSE:LUV)

Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2018, the company operated a total of 750 Boeing 737 aircraft; and served 99 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

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