Breton Hill Capital Ltd. boosted its stake in JetBlue Airways Corporation (NASDAQ:JBLU) by 130.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,519 shares of the transportation company’s stock after acquiring an additional 16,121 shares during the period. Breton Hill Capital Ltd.’s holdings in JetBlue Airways Corporation were worth $528,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Palisade Capital Management LLC NJ boosted its holdings in JetBlue Airways Corporation by 34.4% in the third quarter. Palisade Capital Management LLC NJ now owns 21,500 shares of the transportation company’s stock valued at $398,000 after acquiring an additional 5,500 shares in the last quarter. TIAA FSB boosted its holdings in shares of JetBlue Airways Corporation by 26.1% during the 3rd quarter. TIAA FSB now owns 237,428 shares of the transportation company’s stock valued at $4,400,000 after buying an additional 49,142 shares in the last quarter. Prudential Financial Inc. boosted its holdings in shares of JetBlue Airways Corporation by 135.1% during the 2nd quarter. Prudential Financial Inc. now owns 2,454,990 shares of the transportation company’s stock valued at $56,048,000 after buying an additional 1,410,594 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of JetBlue Airways Corporation by 39.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 170,853 shares of the transportation company’s stock valued at $3,906,000 after buying an additional 48,067 shares in the last quarter. Finally, Mik Capital LLC boosted its holdings in shares of JetBlue Airways Corporation by 91.5% during the 2nd quarter. Mik Capital LLC now owns 1,779,778 shares of the transportation company’s stock valued at $40,632,000 after buying an additional 850,419 shares in the last quarter. Institutional investors and hedge funds own 85.38% of the company’s stock.

A number of analysts have recently commented on JBLU shares. Standpoint Research restated a “buy” rating on shares of JetBlue Airways Corporation in a report on Sunday, September 3rd. Deutsche Bank AG boosted their target price on shares of JetBlue Airways Corporation from $26.00 to $27.00 and gave the company a “buy” rating in a report on Wednesday, October 25th. BidaskClub cut shares of JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Cowen and Company boosted their target price on shares of JetBlue Airways Corporation from $24.00 to $25.00 and gave the company a “market perform” rating in a report on Tuesday, July 25th. Finally, Zacks Investment Research cut shares of JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a report on Monday, August 7th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $25.02.

Shares of JetBlue Airways Corporation (JBLU) traded up $0.16 during trading hours on Friday, reaching $18.99. The company’s stock had a trading volume of 7,361,500 shares, compared to its average volume of 6,059,093. JetBlue Airways Corporation has a fifty-two week low of $18.05 and a fifty-two week high of $24.13. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.25. The stock has a market cap of $6,089.09, a price-to-earnings ratio of 9.79 and a beta of 0.65.

JetBlue Airways Corporation (NASDAQ:JBLU) last issued its earnings results on Tuesday, October 24th. The transportation company reported $0.55 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.03. JetBlue Airways Corporation had a return on equity of 15.95% and a net margin of 9.38%. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the previous year, the firm earned $0.58 EPS. JetBlue Airways Corporation’s revenue was up 4.7% on a year-over-year basis. sell-side analysts anticipate that JetBlue Airways Corporation will post 1.73 EPS for the current year.

In other JetBlue Airways Corporation news, EVP George Martin J. St sold 2,500 shares of the business’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $18.79, for a total value of $46,975.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joel Clinton Peterson sold 5,120 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $18.45, for a total value of $94,464.00. The disclosure for this sale can be found here. In the last three months, insiders sold 24,860 shares of company stock valued at $474,419. 0.60% of the stock is owned by insiders.

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JetBlue Airways Corporation Profile

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. Its segments include Domestic, and Caribbean & Latin America. It operates various kinds of aircrafts, including Airbus A321, Airbus A320 and Embraer E190.

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Institutional Ownership by Quarter for JetBlue Airways Corporation (NASDAQ:JBLU)

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