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

June 27, 2018 - By Heather Owens

Southwest Airlines Co. (NYSE:LUV) Corporate LogoBig Money Sentiment decreased to 0.88 in 2018 Q1. It has change of 0.08, from 2017Q4’s 0.96. The ratio is negative due to LUV positioning: 79 sold and 249 reduced. 65 funds acquired stakes and 222 increased stakes. Investors holded 452.86 million in 2017Q4 but now own 440.55 million shares or 2.72% less. Boston Limited holds 0.01% or 5,605 shs. First Midwest Savings Bank Trust Division invested in 22,073 shs or 0.17% of the stock. Jane Street Group Limited Liability reported 0.03% stake. Robeco Institutional Asset Bv has 71,516 shs for 0.02% of their capital. Norinchukin National Bank The has invested 0.05% of its capital in Southwest Airlines Co. (NYSE:LUV). Teachers Retirement Of The State Of Kentucky holds 0.23% or 327,868 shs. 79,734 were accumulated by State Of Alaska Department Of Revenue. Regentatlantic Limited Liability Company holds 29,826 shs or 0.14% of its capital. Deutsche Savings Bank Ag reported 2.61M shs. Franklin Resource has 0% invested in Southwest Airlines Co. (NYSE:LUV). Principal Grp invested in 0.05% or 888,410 shs. Kentucky Retirement System reported 28,229 shs. Mercer Cap Advisers has invested 0.01% in Southwest Airlines Co. (NYSE:LUV). Aldebaran Fincl holds 1.75% of its capital in Southwest Airlines Co. (NYSE:LUV) for 45,611 shs. Public Employees Retirement Association Of Colorado holds 0.02% of its capital in Southwest Airlines Co. (NYSE:LUV) for 43,436 shs.

LUV had 6 selling transactions and 1 buy since February 12, 2018. This’s net activity of $5.57 million. BROOKS DOUGLAS H sold $600,491 worth of stock. Wells Gregory D sold $490,066 worth of stock. 27,271 Southwest Airlines Co. (NYSE:LUV) shs with value of $1.58M were sold by KELLY GARY C. Van de Ven Michael G sold $1.78 million worth of Southwest Airlines Co. (NYSE:LUV) on Friday, March 2. On Monday, February 12 CUNNINGHAM WILLIAM H DR also bought $196,875 worth of Southwest Airlines Co. (NYSE:LUV).

Thrivent Financial For Lutherans rose its holdings by 2.7% in Southwest Airlines Co (LUV), according to 2018Q1 Securities and Exchange filling. The company’s stock sank 11.16% while Thrivent Financial For Lutherans bought 122,372 shares. At the end of 2018Q1, the institutional investor held 4.65 million shares of the air freight and delivery services company, priced at $266.44M, up from 4.53 million at the end of the previous reported quarter. $29.26 billion is the MC of Southwest Airlines Co. The stock decreased 1.39% or $0.71 during the last trading session, hitting $50.46.Southwest Airlines Co. has volume of 2.09M shares. Since June 27, 2017 LUV has declined 13.23% and is downtrending. LUV underperformed by 25.80% the S&P 500.

Thrivent Financial For Lutherans manages about $82.94 billion and $29.56B US Long portfolio. Its stake in Spdr (JNK) was decreased by 105,805 shares to 369,111 shares valued at $13.23M in 2018Q1, according to the filing. For a total of 1.16M shares it reduced its holding in Synovus Financial Corp (NYSE:SNV) by 233,744 shares in the quarter, and has cut its stake in Pebblebrook Hotel Trust (NYSE:PEB).

For more Southwest Airlines Co. (NYSE:LUV) news announced briefly go to: Bizjournals.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Bizjournals.com. The titles are as follows: “Sky Harbor reports increase in May passengers” announced on June 26, 2018, “JetBlue: Leading The Way In May” on June 26, 2018, “Passengers sue Southwest over fatal engine explosion” with a publish date: June 21, 2018, “Southwest Airlines: Do You Let The Plane Crash?” and the last “Southwest, Delta respond to Dallas’ proposal to solve Love Field dispute” with publication date: June 14, 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”. 67% are bullish. 24 are the (NYSE:LUV)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. The company rating was downgraded by Imperial Capital on Friday, June 1. In Friday, June 15 report Argus Research downgraded the stock to “Hold” rating. On Thursday, March 29 the stock of Southwest Airlines Co. (NYSE:LUV) earned “Buy” rating by Stephens. On Monday, March 26 Morgan Stanley maintained the shares of LUV in report with “Overweight” rating. On Tuesday, January 30 the stock of Southwest Airlines Co. (NYSE:LUV) earned “Neutral” rating by JP Morgan. On Wednesday, June 13 the firm earned “Buy” rating by Buckingham Research. On Tuesday, January 9 the stock of Southwest Airlines Co. (NYSE:LUV) has “Hold” rating given by Bank of America. On Friday, April 27 the stock of Southwest Airlines Co. (NYSE:LUV) has “Buy” rating given by Cowen & Co. On Friday, January 26 Stephens maintained the shares of LUV in report with “Buy” rating. On Thursday, March 22 the firm has “Buy” rating by UBS given.

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

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