WINTON GROUP Ltd Has $1.14 Million Holdings in JetBlue Airways Co. (NASDAQ:JBLU)

WINTON GROUP Ltd trimmed its holdings in JetBlue Airways Co. (NASDAQ:JBLU) by 21.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 144,691 shares of the transportation company’s stock after selling 39,621 shares during the period. WINTON GROUP Ltd’s holdings in JetBlue Airways were worth $1,137,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Intech Investment Management LLC acquired a new position in JetBlue Airways in the 3rd quarter worth $455,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of JetBlue Airways by 13.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,661,742 shares of the transportation company’s stock valued at $37,141,000 after purchasing an additional 663,865 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in shares of JetBlue Airways during the third quarter worth about $28,000. BNP Paribas Financial Markets grew its holdings in shares of JetBlue Airways by 429.7% during the third quarter. BNP Paribas Financial Markets now owns 1,232,385 shares of the transportation company’s stock worth $8,084,000 after buying an additional 999,713 shares in the last quarter. Finally, Glenmede Trust Co. NA acquired a new stake in JetBlue Airways in the 3rd quarter valued at approximately $66,000. 83.71% of the stock is currently owned by institutional investors.

Insider Activity at JetBlue Airways

In other JetBlue Airways news, Director Nik Mittal acquired 100,000 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was purchased at an average price of $6.14 per share, with a total value of $614,000.00. Following the acquisition, the director now directly owns 116,443 shares of the company’s stock, valued at approximately $714,960.02. This trade represents a 608.16 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Ursula L. Hurley sold 15,000 shares of JetBlue Airways stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $7.50, for a total transaction of $112,500.00. Following the completion of the sale, the chief financial officer now owns 41,833 shares of the company’s stock, valued at approximately $313,747.50. The trade was a 26.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by corporate insiders.

JetBlue Airways Trading Down 2.3 %

Shares of JetBlue Airways stock opened at $5.21 on Friday. The company has a debt-to-equity ratio of 3.08, a current ratio of 1.10 and a quick ratio of 1.18. The business has a fifty day simple moving average of $6.40 and a two-hundred day simple moving average of $6.64. JetBlue Airways Co. has a 1 year low of $4.50 and a 1 year high of $8.31. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of -2.23 and a beta of 1.80.

JetBlue Airways (NASDAQ:JBLU) last announced its earnings results on Tuesday, January 28th. The transportation company reported ($0.21) EPS for the quarter, topping the consensus estimate of ($0.42) by $0.21. JetBlue Airways had a negative net margin of 8.57% and a negative return on equity of 9.31%. During the same quarter in the prior year, the business posted ($0.19) earnings per share. Research analysts forecast that JetBlue Airways Co. will post -0.69 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on JBLU. Seaport Res Ptn cut shares of JetBlue Airways from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Bank of America reissued an “underperform” rating and set a $6.50 price target on shares of JetBlue Airways in a research report on Friday, January 17th. Deutsche Bank Aktiengesellschaft cut JetBlue Airways from a “buy” rating to a “hold” rating and decreased their price objective for the company from $9.00 to $7.00 in a report on Tuesday, March 4th. Citigroup upped their target price on JetBlue Airways from $6.85 to $7.60 and gave the stock a “neutral” rating in a report on Wednesday, December 18th. Finally, Susquehanna decreased their price target on JetBlue Airways from $8.00 to $6.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Five equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $6.33.

JetBlue Airways Profile

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.