JetBlue Airways Corporation (JBLU) : Csat Investment Advisory reduced its stake in JetBlue Airways Corporation by 56.2% during the most recent quarter end. The investment management company now holds a total of 152,443 shares of JetBlue Airways Corporation which is valued at $2,574,762 after selling 195,639 shares in JetBlue Airways Corporation , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.JetBlue Airways Corporation makes up approximately 5.06% of Csat Investment Advisory’s portfolio.
Other Hedge Funds, Including , Vollero Beach Capital Partners added JBLU to its portfolio by purchasing 277,472 company shares during the most recent quarter which is valued at $4,686,502. JetBlue Airways Corporation makes up approx 1.04% of Vollero Beach Capital Partners’s portfolio.Loomis Sayles Co L P reduced its stake in JBLU by selling 421 shares or 55.1% in the most recent quarter. The Hedge Fund company now holds 343 shares of JBLU which is valued at $5,793.Citadel Advisors reduced its stake in JBLU by selling 442,370 shares or 32.73% in the most recent quarter. The Hedge Fund company now holds 909,161 shares of JBLU which is valued at $15,355,729. JetBlue Airways Corporation makes up approx 0.04% of Citadel Advisors’s portfolio. Employees Retirement System Of Texas sold out all of its stake in JBLU during the most recent quarter. The investment firm sold 977,000 shares of JBLU which is valued $16,501,530.Blackrock Institutional Trust Company N.a. boosted its stake in JBLU in the latest quarter, The investment management firm added 440,996 additional shares and now holds a total of 9,134,796 shares of JetBlue Airways Corporation which is valued at $154,286,704. JetBlue Airways Corporation makes up approx 0.02% of Blackrock Institutional Trust Company N.a.’s portfolio.
JetBlue Airways Corporation closed down -0.14 points or -0.88% at $15.81 with 38,54,569 shares getting traded on Thursday. Post opening the session at $15.99, the shares hit an intraday low of $15.7 and an intraday high of $16.09 and the price fluctuated in this range throughout the day.Shares ended Thursday 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.