Aperio Group LLC increased its position in shares of JetBlue Airways Corporation (NASDAQ:JBLU) by 10.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,473 shares of the transportation company’s stock after buying an additional 7,118 shares during the period. Aperio Group LLC’s holdings in JetBlue Airways Corporation were worth $1,700,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in JetBlue Airways Corporation by 7.8% in the first quarter. Vanguard Group Inc. now owns 28,930,739 shares of the transportation company’s stock worth $596,262,000 after buying an additional 2,085,912 shares during the last quarter. BlackRock Inc. raised its stake in JetBlue Airways Corporation by 13,299.6% in the first quarter. BlackRock Inc. now owns 27,408,463 shares of the transportation company’s stock worth $564,889,000 after buying an additional 27,203,916 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in JetBlue Airways Corporation by 32.2% in the first quarter. Dimensional Fund Advisors LP now owns 10,805,538 shares of the transportation company’s stock worth $222,704,000 after buying an additional 2,632,973 shares during the last quarter. State Street Corp raised its stake in JetBlue Airways Corporation by 2.6% in the first quarter. State Street Corp now owns 8,284,830 shares of the transportation company’s stock worth $170,755,000 after buying an additional 212,600 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in JetBlue Airways Corporation by 4.9% in the first quarter. Wellington Management Group LLP now owns 7,306,920 shares of the transportation company’s stock worth $150,595,000 after buying an additional 344,557 shares during the last quarter. Institutional investors and hedge funds own 84.76% of the company’s stock.

JetBlue Airways Corporation (NASDAQ:JBLU) traded down 0.28% during trading on Friday, hitting $21.40. 1,706,633 shares of the stock traded hands. The stock has a market cap of $7.04 billion, a P/E ratio of 10.86 and a beta of 0.53. JetBlue Airways Corporation has a 52-week low of $15.70 and a 52-week high of $24.13. The company’s 50 day moving average price is $22.68 and its 200-day moving average price is $21.42.

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

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A number of analysts have recently weighed in on the stock. Stifel Nicolaus reiterated a “hold” rating and issued a $23.00 price objective on shares of JetBlue Airways Corporation in a research note on Friday, May 26th. Vetr lowered shares of JetBlue Airways Corporation from a “strong-buy” rating to a “buy” rating and set a $24.64 price objective on the stock. in a research note on Tuesday, April 25th. BidaskClub lowered shares of JetBlue Airways Corporation from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Zacks Investment Research upgraded shares of JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Wednesday, July 12th. Finally, Morgan Stanley restated an “equal weight” rating on shares of JetBlue Airways Corporation in a research report on Friday, July 14th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $25.69.

In related news, CEO Robin Hayes sold 2,000 shares of the stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $22.87, for a total transaction of $45,740.00. Following the completion of the sale, the chief executive officer now owns 408,362 shares of the company’s stock, valued at approximately $9,339,238.94. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP George Martin J. St sold 2,500 shares of the stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of $23.00, for a total transaction of $57,500.00. Following the sale, the executive vice president now directly owns 28,457 shares of the company’s stock, valued at approximately $654,511. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,740 shares of company stock worth $646,976. 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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