Large Outflow of Money Witnessed in Southwest Airlines Company

Southwest Airlines Company (LUV) surged 0.8% during the last session. The last traded price was up 0.42 points at $52.73. The data for the fund flow suggests that the net intraday money flow was $(-8.7) million. The fund value in upticks was recorded to be $38.26 million and in downticks, it was found to be $46.96 million. The up/down ratio for the day was measured to be 0.81. For the week, the shares have seen a percentage change of 0.06%.A block trade of $(-8.22) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $3.5 million and that of downticks was $11.72 million. The block tradeoff had the up/down ratio of 0.3.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Southwest Airlines Co. rose by 6.61% in the last five trading days and 5.8% for the last 4 weeks. Southwest Airlines Co. is up 31.94% in the last 3-month period. Year-to-Date the stock performance stands at 5.8%. Southwest Airlines Company (NYSE:LUV) rose 0.8% or 0.42 points on Wednesday and made its way into the gainers of the day. After trading began at $52.55 the stock was seen hitting $53.27 as a peak level and $52.44 as the lowest level. The stock ended up at $52.73. The daily volume was measured at 4,953,408 shares. The 52-week high of the share price is $54.18 and the 52-week low is $33.96. The company has a market cap of $32,460 million.

Company has reported several Insider transactions to the SEC, on Jan 31, 2017, Tammy Romo (EVP & CFO) sold 9,655 shares at 51.79 per share price.On Dec 19, 2016, John T Montford (director) sold 510 shares at 50.93 per share price.On Dec 5, 2016, Jeff Lamb (EVP, Corporate Services) sold 14,534 shares at 48.10 per share price.

Southwest Airlines Co Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.69. The company had revenue of $5076.00 million for the quarter, compared to analysts expectations of $5030.23 million. The companys revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Imperial Capital on Jan 30, 2017 to Outperform, Raises Price Target to $ 63 from a previous price target of $59 .Company shares were Reiterated by Cowen on Jan 27, 2017 to Outperform, Raises Price Target to $ 57 from a previous price target of $55 .Company shares were Reiterated by Imperial Capital on Jan 27, 2017 to Outperform, Raises Price Target to $ 63 from a previous price target of $59 .Southwest Airlines Co was Downgraded by JP Morgan to Neutral on Jan 25, 2017. Company shares were Reiterated by Imperial Capital on Jan 12, 2017 to Outperform, Raises Price Target to $ 59 from a previous price target of $57 .

Southwest Airlines is a major domestic airline that provides primarily shorthaul, high-frequency, point-to-point, low-fare service. Southwest operates over Boeing 737 aircraft in numerous cities. Southwest has the lowest operating cost structure in the domestic airline industry and consistently offers the lowest and simplest fares. Southwest also has one of the best overall Customer Service records.

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