Principal Financial Group Inc. Has $17.98 Million Stock Holdings in Southwest Airlines Co. $LUV

robot
Abstract generation in progress

Principal Financial Group Inc. recently reduced its stake in Southwest Airlines Co. (NYSE:LUV) by 9% to 563,484 shares, valued at approximately $17.98 million, though other institutional investors increased their holdings. Southwest Airlines slightly exceeded Q3 earnings per share estimates with $0.58, reported a 7.4% year-over-year revenue increase, and announced a quarterly dividend of $0.18 per share. Analyst sentiment for LUV is mixed, with an average “Hold” rating and a price target of $46.29, but some firms have upgraded their ratings or increased price targets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin