Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of JetBlue Airways Corporation (NASDAQ:JBLU – Free Report) by 783.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 164,677 shares of the transportation company’s stock after acquiring an additional 146,047 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in JetBlue Airways were worth $749,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Par Capital Management Inc. lifted its position in JetBlue Airways by 105.3% during the 2nd quarter. Par Capital Management Inc. now owns 5,487,425 shares of the transportation company’s stock worth $23,212,000 after acquiring an additional 2,814,870 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in JetBlue Airways by 6.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,789,448 shares of the transportation company’s stock worth $23,085,000 after acquiring an additional 274,892 shares during the last quarter. Invesco Ltd. lifted its position in JetBlue Airways by 10.1% during the 2nd quarter. Invesco Ltd. now owns 4,513,312 shares of the transportation company’s stock worth $19,091,000 after acquiring an additional 412,921 shares during the last quarter. Bridgeway Capital Management LLC lifted its position in JetBlue Airways by 3.0% during the 2nd quarter. Bridgeway Capital Management LLC now owns 2,599,764 shares of the transportation company’s stock worth $10,997,000 after acquiring an additional 75,277 shares during the last quarter. Finally, Prentice Capital Management LP raised its position in shares of JetBlue Airways by 210.4% during the third quarter. Prentice Capital Management LP now owns 2,276,428 shares of the transportation company’s stock valued at $11,200,000 after buying an additional 1,542,959 shares during the last quarter. Institutional investors and hedge funds own 83.71% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the stock. BMO Capital Markets assumed coverage on shares of JetBlue Airways in a research note on Tuesday, March 24th. They issued a “market perform” rating and a $4.50 target price for the company. UBS Group reduced their target price on shares of JetBlue Airways from $4.00 to $3.50 and set a “sell” rating for the company in a research note on Monday, March 16th. TD Cowen upgraded shares of JetBlue Airways from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. The Goldman Sachs Group reduced their target price on shares of JetBlue Airways from $4.00 to $3.50 and set a “sell” rating for the company in a research note on Wednesday, April 1st. Finally, Evercore increased their target price on shares of JetBlue Airways from $5.00 to $6.00 and gave the company an “in-line” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $4.88.
JetBlue Airways News Summary
Here are the key news stories impacting JetBlue Airways this week:
- Positive Sentiment: Potential upside from Spirit Airlines shutdown — Reports that a proposed $500M lifeline for Spirit collapsed and that the carrier is preparing to cease operations have driven directional gains for JetBlue as investors expect capacity and market-share opportunities in the low-cost segment. This is the primary near-term catalyst behind the stock’s strength. JetBlue (JBLU) Stock Surges 10% Following Spirit Airlines Shutdown Reports
- Positive Sentiment: Unusually large call-option buying — Traders bought roughly 55,789 JBLU calls (about an 87% increase vs. typical daily call volume), signaling speculative or institutional bullish positioning that can amplify intraday upside. (Options flow reported in the market data feed.)
- Positive Sentiment: Route/partnership expansion — JetBlue deepened its loyalty tie-up with China Airlines to enable Asia-bound point redemptions, a modest strategic positive that helps international connectivity and loyalty monetization over time. JBLU Adds Asia Access Through China Airlines Loyalty Tie-Up
- Neutral Sentiment: Analyst target tweak — Susquehanna raised its price target from $4.00 to $5.00 with a Neutral rating; small upward revision but still tepid analyst conviction. Susquehanna Raises Target to $5 (Benzinga)
- Negative Sentiment: Rising fuel costs — Industry commentary (Japan carriers) flags elevated fuel costs due to the Middle East conflict, a headwind that can pressure margins and offset any short-term network gains. Japan Airlines Say Fuel Costs Elevated (Reuters)
- Negative Sentiment: Recent earnings shortfall and weak profitability — JetBlue missed Q1 EPS expectations and continues to show negative net margins and return on equity; analysts still forecast negative EPS for the year, which limits longer-term upside absent margin improvement. Analyst Estimates After Q1 Report (Yahoo)
JetBlue Airways Stock Up 0.1%
NASDAQ JBLU opened at $4.87 on Monday. The company has a debt-to-equity ratio of 4.25, a quick ratio of 0.64 and a current ratio of 0.70. The firm has a 50-day simple moving average of $4.85 and a 200 day simple moving average of $4.86. JetBlue Airways Corporation has a twelve month low of $3.84 and a twelve month high of $6.50. The stock has a market cap of $1.81 billion, a PE ratio of -2.51 and a beta of 1.69.
JetBlue Airways (NASDAQ:JBLU – Get Free Report) last released its earnings results on Tuesday, April 28th. The transportation company reported ($0.87) earnings per share for the quarter, missing the consensus estimate of ($0.72) by ($0.15). JetBlue Airways had a negative net margin of 7.78% and a negative return on equity of 32.76%. The company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the business posted ($0.59) EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. On average, research analysts forecast that JetBlue Airways Corporation will post -2.57 EPS for the current year.
JetBlue Airways Company Profile
JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.
The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.
See Also
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