Stratos Wealth Partners LTD. raised its stake in JetBlue Airways Corporation (NASDAQ:JBLU) by 2.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,497 shares of the transportation company’s stock after buying an additional 398 shares during the period. Stratos Wealth Partners LTD.’s holdings in JetBlue Airways Corporation were worth $422,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. UBS Asset Management Americas Inc. increased its stake in JetBlue Airways Corporation by 6.5% in the fourth quarter. UBS Asset Management Americas Inc. now owns 57,725 shares of the transportation company’s stock valued at $1,294,000 after buying an additional 3,506 shares in the last quarter. Teachers Advisors LLC increased its stake in JetBlue Airways Corporation by 4.3% in the fourth quarter. Teachers Advisors LLC now owns 747,513 shares of the transportation company’s stock valued at $16,759,000 after buying an additional 30,923 shares in the last quarter. Koshinski Asset Management Inc. increased its stake in JetBlue Airways Corporation by 370.2% in the first quarter. Koshinski Asset Management Inc. now owns 72,782 shares of the transportation company’s stock valued at $1,500,000 after buying an additional 57,302 shares in the last quarter. Capstone Asset Management Co. increased its stake in JetBlue Airways Corporation by 2.7% in the first quarter. Capstone Asset Management Co. now owns 32,775 shares of the transportation company’s stock valued at $675,000 after buying an additional 850 shares in the last quarter. Finally, Baldwin Brothers Inc. MA acquired a new stake in JetBlue Airways Corporation during the first quarter valued at about $1,414,000. Institutional investors own 84.76% of the company’s stock.

Shares of JetBlue Airways Corporation (NASDAQ JBLU) opened at 22.14 on Tuesday. JetBlue Airways Corporation has a one year low of $15.70 and a one year high of $24.13. The stock has a 50 day moving average price of $22.85 and a 200-day moving average price of $21.39. The company has a market capitalization of $7.28 billion, a P/E ratio of 11.24 and a beta of 0.53.

JetBlue Airways Corporation (NASDAQ:JBLU) last posted its quarterly earnings results on Tuesday, July 25th. The transportation company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.56 by $0.08. The firm had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.82 billion. JetBlue Airways Corporation had a return on equity of 16.75% and a net margin of 9.78%. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.53 EPS. Equities research analysts predict that JetBlue Airways Corporation will post $2.03 earnings per share for the current fiscal year.

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JBLU has been the topic of several analyst reports. Vetr downgraded JetBlue Airways Corporation from a “strong-buy” rating to a “buy” rating and set a $24.64 price objective on the stock. in a report on Tuesday, April 25th. Imperial Capital lifted their price objective on JetBlue Airways Corporation from $29.00 to $31.00 and gave the stock an “outperform” rating in a report on Wednesday, April 26th. Cowen and Company lifted their price objective on JetBlue Airways Corporation from $23.00 to $24.00 and gave the stock a “market perform” rating in a report on Wednesday, April 26th. Stifel Nicolaus restated a “hold” rating and set a $23.00 price objective on shares of JetBlue Airways Corporation in a report on Friday, May 26th. Finally, Morgan Stanley lifted their price objective on JetBlue Airways Corporation from $22.00 to $23.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 13th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. JetBlue Airways Corporation presently has a consensus rating of “Hold” and a consensus price target of $25.69.

In other JetBlue Airways Corporation news, EVP James G. Hnat sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $21.98, for a total value of $131,880.00. Following the completion of the transaction, the executive vice president now owns 25,992 shares of the company’s stock, valued at approximately $571,304.16. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP James G. Hnat sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $21.67, for a total value of $325,050.00. Following the completion of the transaction, the executive vice president now directly owns 48,992 shares of the company’s stock, valued at approximately $1,061,656.64. The disclosure for this sale can be found here. In the last ninety days, insiders sold 43,740 shares of company stock valued at $972,026. 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.

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

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