JetBlue Airways Corporation (JBLU) : Garrison Bradford Associates Inc scooped up 2,500 additional shares in JetBlue Airways Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 146,900 shares of JetBlue Airways Corporation which is valued at $2,482,610.JetBlue Airways Corporation makes up approximately 2.34% of Garrison Bradford Associates Inc’s portfolio.
Other Hedge Funds, Including , Palisade Capital Managementnj boosted its stake in JBLU in the latest quarter, The investment management firm added 3,125 additional shares and now holds a total of 29,010 shares of JetBlue Airways Corporation which is valued at $490,269. JetBlue Airways Corporation makes up approx 0.02% of Palisade Capital Managementnj’s portfolio. New Amsterdam Partnersny sold out all of its stake in JBLU during the most recent quarter. The investment firm sold 920,932 shares of JBLU which is valued $15,563,751. Robeco Institutional Asset Management B.v. sold out all of its stake in JBLU during the most recent quarter. The investment firm sold 179,824 shares of JBLU which is valued $3,161,306. Acadian Asset Management sold out all of its stake in JBLU during the most recent quarter. The investment firm sold 5,976,229 shares of JBLU which is valued $108,349,032.
JetBlue Airways Corporation closed down -0.11 points or -0.64% at $17.15 with 29,79,003 shares getting traded on Monday. Post opening the session at $17.37, the shares hit an intraday low of $17.13 and an intraday high of $17.4299 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, JetBlue Airways Corporation reported $0.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $0.49. The company had revenue of $1643.00 million for the quarter, compared to analysts expectations of $1643.39 million. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS.
JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States Caribbean and Latin America. The Company operates Airbus A321 Airbus A320 and EMBRAER 190 aircraft types. The Company’s firm aircraft orders consists of approximately 33 Airbus A321 aircraft 25 Airbus A320 new engine option (A320neo) aircraft 45 Airbus A321 new engine option aircraft 24 EMBRAER 190 aircraft and 10 spare engines. It operates fleet which consists of approximately 13 Airbus A321 aircraft 130 Airbus A320 aircraft and 60 EMBRAER 190 aircraft. The Company served approximately 87 BlueCities in 27 states the District of Columbia the Commonwealth of Puerto Rico the United States Virgin Islands and 17 countries in the Caribbean and Latin America.