JetBlue Airways Corporation (JBLU) Stake Decreased by Nuveen Fund Advisors LLC, Report finds

JetBlue Airways Corporation (JBLU) Stake Decreased by Nuveen Fund Advisors LLC, Report finds

Nuveen Fund Advisors LLC cut its stake in JetBlue Airways Corporation (NASDAQ:JBLU) by 2.3% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 11,533 shares of the company’s stock after selling 271 shares during the period. Nuveen Fund Advisors LLC’s holdings in JetBlue Airways Corporation were worth $199,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of Montreal Can boosted its position in JetBlue Airways Corporation by 46.4% in the third quarter. Bank of Montreal Can now owns 4,556,392 shares of the company’s stock valued at $78,551,000 after buying an additional 1,444,045 shares during the last quarter. Korea Investment CORP acquired a new position in JetBlue Airways Corporation during the third quarter valued at about $20,707,000. Victory Capital Management Inc. boosted its position in JetBlue Airways Corporation by 1,421.2% in the third quarter. Victory Capital Management Inc. now owns 790,107 shares of the company’s stock valued at $13,621,000 after buying an additional 738,167 shares during the last quarter. First Quadrant L P CA boosted its position in JetBlue Airways Corporation by 110.1% in the third quarter. First Quadrant L P CA now owns 1,361,784 shares of the company’s stock valued at $23,477,000 after buying an additional 713,684 shares during the last quarter. Finally, BlackRock Fund Advisors boosted its position in JetBlue Airways Corporation by 5.8% in the third quarter. BlackRock Fund Advisors now owns 12,622,832 shares of the company’s stock valued at $217,618,000 after buying an additional 694,834 shares during the last quarter. 80.22% of the stock is owned by institutional investors.

JetBlue Airways Corporation (NASDAQ:JBLU) traded up 2.28% during midday trading on Wednesday, hitting $19.29. The stock had a trading volume of 7,717,471 shares. The firm has a market cap of $6.24 billion, a P/E ratio of 8.69 and a beta of 0.26. The stock has a 50-day moving average of $21.26 and a 200-day moving average of $18.99. JetBlue Airways Corporation has a 52 week low of $14.76 and a 52 week high of $23.67.

JetBlue Airways Corporation (NASDAQ:JBLU) last announced its quarterly earnings data on Thursday, January 26th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. JetBlue Airways Corporation had a return on equity of 20.64% and a net margin of 11.31%. The business earned $1.60 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the previous year, the firm earned $0.56 earnings per share. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. Analysts forecast that JetBlue Airways Corporation will post $1.82 EPS for the current fiscal year.

JBLU has been the subject of several recent analyst reports. Zacks Investment Research cut JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, October 13th. Vetr raised JetBlue Airways Corporation from a “buy” rating to a “strong-buy” rating and set a $24.99 target price for the company in a research note on Tuesday, January 17th. Barclays PLC started coverage on JetBlue Airways Corporation in a research note on Thursday, December 15th. They set an “overweight” rating and a $33.00 target price for the company. Imperial Capital raised their target price on JetBlue Airways Corporation from $26.00 to $31.00 and gave the company an “outperform” rating in a research note on Thursday, December 22nd. Finally, Cowen and Company cut JetBlue Airways Corporation from an “outperform” rating to a “market perform” rating and set a $23.00 target price for the company. in a research note on Wednesday, January 4th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. JetBlue Airways Corporation currently has a consensus rating of “Hold” and a consensus price target of $25.62.

In related news, Director Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock in a transaction on Tuesday, January 3rd. The stock was sold at an average price of $22.51, for a total transaction of $115,251.20. Following the completion of the sale, the director now directly owns 579,293 shares of the company’s stock, valued at $13,039,885.43. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Robin Hayes sold 2,000 shares of JetBlue Airways Corporation stock in a transaction 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 sale, the chief executive officer now directly owns 351,881 shares of the company’s stock, valued at $7,973,623.46. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,120 shares of company stock valued at $326,581. 0.70% of the stock is owned by insiders.

JetBlue Airways Corporation Company Profile

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.

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).

Related posts

Leave a Comment

JetBlue Airways Corporation (JBLU) Stake Decreased by Nuveen Fund Advisors LLC

JetBlue Airways Corporation (JBLU) Stake Decreased by Nuveen Fund Advisors LLC

Nuveen Fund Advisors LLC cut its stake in JetBlue Airways Corporation (NASDAQ:JBLU) by 2.3% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 11,533 shares of the company’s stock after selling 271 shares during the period. Nuveen Fund Advisors LLC’s holdings in JetBlue Airways Corporation were worth $199,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of Montreal Can boosted its position in JetBlue Airways Corporation by 46.4% in the third quarter. Bank of Montreal Can now owns 4,556,392 shares of the company’s stock valued at $78,551,000 after buying an additional 1,444,045 shares during the last quarter. Korea Investment CORP acquired a new position in JetBlue Airways Corporation during the third quarter valued at about $20,707,000. Victory Capital Management Inc. boosted its position in JetBlue Airways Corporation by 1,421.2% in the third quarter. Victory Capital Management Inc. now owns 790,107 shares of the company’s stock valued at $13,621,000 after buying an additional 738,167 shares during the last quarter. First Quadrant L P CA boosted its position in JetBlue Airways Corporation by 110.1% in the third quarter. First Quadrant L P CA now owns 1,361,784 shares of the company’s stock valued at $23,477,000 after buying an additional 713,684 shares during the last quarter. Finally, BlackRock Fund Advisors boosted its position in JetBlue Airways Corporation by 5.8% in the third quarter. BlackRock Fund Advisors now owns 12,622,832 shares of the company’s stock valued at $217,618,000 after buying an additional 694,834 shares during the last quarter. 80.22% of the stock is owned by institutional investors.

JetBlue Airways Corporation (NASDAQ:JBLU) traded up 2.28% during midday trading on Wednesday, hitting $19.29. The stock had a trading volume of 7,717,471 shares. The firm has a market cap of $6.24 billion, a P/E ratio of 8.69 and a beta of 0.26. The stock has a 50-day moving average of $21.26 and a 200-day moving average of $18.99. JetBlue Airways Corporation has a 52 week low of $14.76 and a 52 week high of $23.67.

JetBlue Airways Corporation (NASDAQ:JBLU) last announced its quarterly earnings data on Thursday, January 26th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. JetBlue Airways Corporation had a return on equity of 20.64% and a net margin of 11.31%. The business earned $1.60 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the previous year, the firm earned $0.56 earnings per share. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. Analysts forecast that JetBlue Airways Corporation will post $1.82 EPS for the current fiscal year.

JBLU has been the subject of several recent analyst reports. Zacks Investment Research cut JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, October 13th. Vetr raised JetBlue Airways Corporation from a “buy” rating to a “strong-buy” rating and set a $24.99 target price for the company in a research note on Tuesday, January 17th. Barclays PLC started coverage on JetBlue Airways Corporation in a research note on Thursday, December 15th. They set an “overweight” rating and a $33.00 target price for the company. Imperial Capital raised their target price on JetBlue Airways Corporation from $26.00 to $31.00 and gave the company an “outperform” rating in a research note on Thursday, December 22nd. Finally, Cowen and Company cut JetBlue Airways Corporation from an “outperform” rating to a “market perform” rating and set a $23.00 target price for the company. in a research note on Wednesday, January 4th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. JetBlue Airways Corporation currently has a consensus rating of “Hold” and a consensus price target of $25.62.

In related news, Director Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock in a transaction on Tuesday, January 3rd. The stock was sold at an average price of $22.51, for a total transaction of $115,251.20. Following the completion of the sale, the director now directly owns 579,293 shares of the company’s stock, valued at $13,039,885.43. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Robin Hayes sold 2,000 shares of JetBlue Airways Corporation stock in a transaction 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 sale, the chief executive officer now directly owns 351,881 shares of the company’s stock, valued at $7,973,623.46. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,120 shares of company stock valued at $326,581. 0.70% of the stock is owned by insiders.

JetBlue Airways Corporation Company Profile

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.

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).

Related posts

Leave a Comment