As Southwest Airls Co (LUV) Share Value Rose, Shareholder Monetta Financial Services Cut by $1.93 Million Its Stake; Silverback Asset Management Has Increased Its Magnachip Semiconductor (MX) Holding by $2.73 Million as Stock Value Rose

February 22, 2018 - By Dolores Ford

Monetta Financial Services Inc decreased its stake in Southwest Airls Co (LUV) by 41.18% based on its latest 2017Q3 regulatory filing with the SEC. Monetta Financial Services Inc sold 35,000 shares as the company’s stock rose 1.26% with the market. The institutional investor held 50,000 shares of the air freight and delivery services company at the end of 2017Q3, valued at $2.80M, down from 85,000 at the end of the previous reported quarter. Monetta Financial Services Inc who had been investing in Southwest Airls Co for a number of months, seems to be less bullish one the $33.82B market cap company. The stock decreased 0.88% or $0.51 during the last trading session, reaching $57.52. About 2.38 million shares traded. Southwest Airlines Co. (NYSE:LUV) has risen 37.63% since February 22, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.




Silverback Asset Management Llc increased its stake in Magnachip Semiconductor Corp (MX) by 79.29% based on its latest 2017Q3 regulatory filing with the SEC. Silverback Asset Management Llc bought 248,539 shares as the company’s stock rose 15.89% with the market. The hedge fund held 562,000 shares of the semiconductors company at the end of 2017Q3, valued at $6.38M, up from 313,461 at the end of the previous reported quarter. Silverback Asset Management Llc who had been investing in Magnachip Semiconductor Corp for a number of months, seems to be bullish on the $313.69M market cap company. The stock decreased 0.27% or $0.025 during the last trading session, reaching $9.175. About 86,823 shares traded. MagnaChip Semiconductor Corporation (NYSE:MX) has risen 76.77% since February 22, 2017 and is uptrending. It has outperformed by 60.07% the S&P500.

Among 19 analysts covering Southwest Airlines Co. (NYSE:LUV), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Southwest Airlines Co. had 64 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Buy” on Friday, July 28. The stock of Southwest Airlines Co. (NYSE:LUV) has “Buy” rating given on Monday, January 8 by Stephens. The rating was maintained by Cowen & Co on Friday, July 22 with “Outperform”. On Thursday, January 5 the stock rating was upgraded by Morgan Stanley to “Overweight”. Imperial Capital initiated the stock with “Outperform” rating in Friday, September 9 report. Bernstein initiated Southwest Airlines Co. (NYSE:LUV) rating on Tuesday, October 11. Bernstein has “Outperform” rating and $51 target. Credit Suisse maintained Southwest Airlines Co. (NYSE:LUV) on Friday, January 22 with “Outperform” rating. Cowen & Co maintained the shares of LUV in report on Thursday, September 7 with “Buy” rating. The rating was maintained by JP Morgan with “Overweight” on Wednesday, November 1. The firm has “Buy” rating by Evercore given on Tuesday, July 26.

Since October 17, 2017, it had 1 buy, and 3 sales for $2.03 million activity. On Thursday, December 14 the insider Jordan Robert E sold $2.12 million. 32 shares were sold by BIGGINS J VERONICA, worth $1,886 on Tuesday, October 17. $107,240 worth of Southwest Airlines Co. (NYSE:LUV) was sold by MONTFORD JOHN T.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.06, from 0.83 in 2017Q2. It increased, as 69 investors sold LUV shares while 249 reduced holdings. 70 funds opened positions while 213 raised stakes. 441.14 million shares or 4.78% less from 463.31 million shares in 2017Q2 were reported. Mark Sheptoff Finance Planning Lc reported 1,000 shares. Anchor Bolt Cap Ltd Partnership invested in 0.96% or 418,203 shares. Florida-based Raymond James Fincl Inc has invested 0.05% in Southwest Airlines Co. (NYSE:LUV). Caxton Associates Ltd Partnership has 0.06% invested in Southwest Airlines Co. (NYSE:LUV). Huntington Bancorp accumulated 6,639 shares. 2,200 are held by Nikko Asset Mngmt Americas. The Australia-based Macquarie Group Incorporated Ltd has invested 0.02% in Southwest Airlines Co. (NYSE:LUV). Cambridge Advsr Inc holds 0.05% of its portfolio in Southwest Airlines Co. (NYSE:LUV) for 63,266 shares. 1.26 million were accumulated by Greenbrier Prtn Mgmt Limited Co. Baldwin Brothers Ma accumulated 500 shares or 0% of the stock. Zeke Cap Llc invested 0.08% of its portfolio in Southwest Airlines Co. (NYSE:LUV). Utah Retirement Sys has invested 0.13% in Southwest Airlines Co. (NYSE:LUV). Moreover, Livforsakringsbolaget Skandia Omsesidigt has 0.42% invested in Southwest Airlines Co. (NYSE:LUV) for 83,306 shares. Capital Advsr Limited Liability Company accumulated 202 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 39,457 shares or 0.02% of its portfolio.

Analysts await Southwest Airlines Co. (NYSE:LUV) to report earnings on April, 26. They expect $0.81 earnings per share, up 32.79% or $0.20 from last year’s $0.61 per share. LUV’s profit will be $476.24M for 17.75 P/E if the $0.81 EPS becomes a reality. After $0.77 actual earnings per share reported by Southwest Airlines Co. for the previous quarter, Wall Street now forecasts 5.19% EPS growth.

Investors sentiment increased to 1.17 in 2017 Q3. Its up 0.17, from 1 in 2017Q2. It improved, as 9 investors sold MX shares while 20 reduced holdings. 19 funds opened positions while 15 raised stakes. 23.94 million shares or 10.33% less from 26.70 million shares in 2017Q2 were reported. Goldman Sachs Grp holds 0% or 12,540 shares. Product Ptnrs Ltd accumulated 134,800 shares or 0.05% of the stock. State Street Corp stated it has 0% in MagnaChip Semiconductor Corporation (NYSE:MX). Proxima Cap Mgmt Limited Liability Co has 455,000 shares. 2.34M are owned by Oaktree Management L P. Silver Cap Mngmt Lc has 1.75% invested in MagnaChip Semiconductor Corporation (NYSE:MX). California-based Engaged Ltd Liability has invested 2.07% in MagnaChip Semiconductor Corporation (NYSE:MX). Silverback Asset Mngmt Lc holds 562,000 shares. Mckinley Ltd Com Delaware has invested 0.12% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX). 100,809 were accumulated by Columbus Circle Invsts. Walleye Trading Ltd has invested 0% in MagnaChip Semiconductor Corporation (NYSE:MX). 529,475 are owned by Connor Clark And Lunn Investment. Susquehanna Gru Llp stated it has 70,498 shares or 0% of all its holdings. Barclays Public Ltd Com invested 0% in MagnaChip Semiconductor Corporation (NYSE:MX). Bluecrest Cap Mngmt reported 17,714 shares or 0.01% of all its holdings.

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