JetBlue Airways Corporation (JBLU) : Interval Partners Lp added new position in JetBlue Airways Corporation during the most recent quarter end. The investment management firm now holds 1,889,757 shares of JetBlue Airways Corporation which is valued at $37,284,906 , the company said in a statement filed on Nov 14, 2016 with the SEC.JetBlue Airways Corporation makes up approximately 2.89% of Interval Partners Lp’s portfolio.
Other Hedge Funds, Including , Pacad Investment Ltd. reduced its stake in JBLU by selling 69,211 shares or 58.8% in the most recent quarter. The Hedge Fund company now holds 48,500 shares of JBLU which is valued at $956,905. JetBlue Airways Corporation makes up approx 0.12% of Pacad Investment Ltd.’s portfolio.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 $17,455,891. JetBlue Airways Corporation makes up approx 0.04% of Citadel Advisors’s portfolio.California State Teachers Retirement System boosted its stake in JBLU in the latest quarter, The investment management firm added 5,900 additional shares and now holds a total of 705,540 shares of JetBlue Airways Corporation which is valued at $13,031,324. JetBlue Airways Corporation makes up approx 0.03% of California State Teachers Retirement System’s portfolio. Integrated Wealth Management sold out all of its stake in JBLU during the most recent quarter. The investment firm sold 1,150 shares of JBLU which is valued $21,390.
JetBlue Airways Corporation closed down -0.01 points or -0.05% at $20.73 with 77,01,215 shares getting traded on Monday. Post opening the session at $20.7, the shares hit an intraday low of $20.45 and an intraday high of $20.86 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 $0.58 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Oct 25, 2016. Analyst had a consensus of $0.60. The company had revenue of $1732.00 million for the quarter, compared to analysts expectations of $1725.78 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS.
Many Wall Street Analysts have commented on JetBlue Airways Corporation. JetBlue Airways Corporation was Initiated by Citigroup to “Neutral” on Nov 18, 2016. Company shares were Reiterated by Imperial Capital on Oct 28, 2016 to “Outperform”, Firm has raised the Price Target to $ 23 from a previous price target of $21 .Imperial Capital Initiated JetBlue Airways Corporation on Sep 16, 2016 to “Outperform”, Price Target of the shares are set at $21.
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.