Thompson Siegel & Walmsley LLC cut its holdings in JetBlue Airways Corporation (NASDAQ:JBLU) by 13.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,850,229 shares of the transportation company’s stock after selling 590,700 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 1.20% of JetBlue Airways Corporation worth $71,345,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in JBLU. Alliancebernstein L.P. grew its stake in shares of JetBlue Airways Corporation by 1,135.5% in the second quarter. Alliancebernstein L.P. now owns 2,927,591 shares of the transportation company’s stock valued at $66,837,000 after acquiring an additional 2,690,638 shares in the last quarter. Frontier Capital Management Co. LLC grew its stake in shares of JetBlue Airways Corporation by 68.9% in the third quarter. Frontier Capital Management Co. LLC now owns 3,600,572 shares of the transportation company’s stock valued at $66,719,000 after acquiring an additional 1,468,416 shares in the last quarter. Prudential Financial Inc. grew its stake in shares of JetBlue Airways Corporation by 135.1% in the second quarter. Prudential Financial Inc. now owns 2,454,990 shares of the transportation company’s stock valued at $56,048,000 after acquiring an additional 1,410,594 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of JetBlue Airways Corporation by 35.0% in the second quarter. Victory Capital Management Inc. now owns 3,707,811 shares of the transportation company’s stock valued at $84,649,000 after acquiring an additional 961,535 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new position in shares of JetBlue Airways Corporation in the second quarter valued at about $21,689,000. Institutional investors and hedge funds own 89.73% of the company’s stock.

JetBlue Airways Corporation (NASDAQ:JBLU) traded down $0.30 during mid-day trading on Monday, hitting $19.69. 1,252,553 shares of the stock were exchanged, compared to its average volume of 5,920,979. The company has a market capitalization of $6,410.00, a PE ratio of 10.30 and a beta of 0.65. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.56 and a quick ratio of 0.56. JetBlue Airways Corporation has a 52-week low of $18.05 and a 52-week high of $24.13.

JetBlue Airways Corporation (NASDAQ:JBLU) last posted its earnings results on Tuesday, October 24th. The transportation company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.81 billion. JetBlue Airways Corporation had a net margin of 9.38% and a return on equity of 15.95%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.58 earnings per share. sell-side analysts forecast that JetBlue Airways Corporation will post 1.75 EPS for the current fiscal year.

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Several equities analysts recently commented on the stock. Buckingham Research downgraded shares of JetBlue Airways Corporation from a “buy” rating to a “neutral” rating and decreased their price target for the company from $28.00 to $24.00 in a research note on Wednesday, July 26th. Cowen and Company upped their price target on shares of JetBlue Airways Corporation from $24.00 to $25.00 and gave the company a “market perform” rating in a research note on Tuesday, July 25th. Zacks Investment Research downgraded shares of JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a research note on Monday, August 7th. BidaskClub downgraded shares of JetBlue Airways Corporation from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Finally, Morgan Stanley reduced their price objective on shares of JetBlue Airways Corporation from $24.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 17th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $25.25.

In other news, Director Joel Clinton Peterson sold 5,120 shares of the stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $18.96, for a total value of $97,075.20. Following the completion of the transaction, the director now owns 539,702 shares of the company’s stock, valued at $10,232,749.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Robin Hayes sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $19.89, for a total transaction of $39,780.00. Following the completion of the transaction, the chief executive officer now owns 404,362 shares of the company’s stock, valued at approximately $8,042,760.18. The disclosure for this sale can be found here. Insiders sold 24,860 shares of company stock valued at $474,419 in the last three months. Company insiders own 0.60% of the company’s stock.

About JetBlue Airways Corporation

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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