Pensionfund Sabic adds Southwest Airlines Co (LUV) to its portfolio

Southwest Airlines Co (LUV) : Pensionfund Sabic added new position in Southwest Airlines Co during the most recent quarter end. The investment management firm now holds 33,000 shares of Southwest Airlines Co which is valued at $1.5 Million according to a report filed by the company on Apr 4, 2016 with the SEC.Southwest Airlines Co makes up approximately 0.45% of Pensionfund Sabic’s portfolio.

Other Hedge Funds, Including , Pensionfund Dsm Netherlands added LUV to its portfolio by purchasing 70,000 company shares during the most recent quarter which is valued at $3.1 Million. Southwest Airlines Co makes up approx 0.42% of Pensionfund Dsm Netherlands’s portfolio.

On the company’s financial health, Southwest Airlines Co reported $0.90 EPS for the quarter, based on the information available during the earnings call on Jan 21, 2016. Analyst had a consensus estimate of $0.90. The company had revenue of $4977.00 million for the quarter, compared to analysts expectations of $5002.30 million. The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.

Many Wall Street Analysts have commented on Southwest Airlines Co. Southwest Airlines Co was Upgraded by Morgan Stanley to ” Equal-Weight” on Jan 7, 2016.

Southwest Airlines Co closed down -0.13 points or -0.29% at $44.37 with 64,56,302 shares getting traded on Monday. Post opening the session at $44.75, the shares hit an intraday low of $44.36 and an intraday high of $45.605 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay Nassau Oranjestad Cabo San Lucas/Los Cabos Cancun Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products such as Business Select Fly By Priority Lanes and SWABIZ. Its Website enables purchasing and managing travel online. It offers and in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In Pets Are Welcome on Southwest (P.A.W.S.) products Automated Outbound Messaging (AOM) service and

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