JetBlue Airways Corporation (JBLU) Shares Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. grew its position in JetBlue Airways Corporation (NASDAQ:JBLU) by 38.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,300 shares of the transportation company’s stock after acquiring an additional 6,200 shares during the period. Fox Run Management L.L.C.’s holdings in JetBlue Airways Corporation were worth $413,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. World Asset Management Inc raised its stake in shares of JetBlue Airways Corporation by 0.7% in the second quarter. World Asset Management Inc now owns 22,526 shares of the transportation company’s stock valued at $514,000 after acquiring an additional 155 shares during the last quarter. M&T Bank Corp raised its position in JetBlue Airways Corporation by 0.9% in the 2nd quarter. M&T Bank Corp now owns 19,383 shares of the transportation company’s stock worth $442,000 after purchasing an additional 181 shares during the last quarter. Public Employees Retirement Association of Colorado raised its position in JetBlue Airways Corporation by 2.8% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 10,497 shares of the transportation company’s stock worth $240,000 after purchasing an additional 283 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in JetBlue Airways Corporation by 2.8% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 11,310 shares of the transportation company’s stock worth $258,000 after purchasing an additional 310 shares during the last quarter. Finally, Capstone Asset Management Co. raised its position in JetBlue Airways Corporation by 1.1% in the 2nd quarter. Capstone Asset Management Co. now owns 33,135 shares of the transportation company’s stock worth $756,000 after purchasing an additional 360 shares during the last quarter. Institutional investors own 83.86% of the company’s stock.

In related news, Director Joel Clinton Peterson sold 5,120 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $18.45, for a total value of $94,464.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robin Hayes sold 2,000 shares of the stock in a transaction dated Friday, September 1st. The stock was 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 $8,042,760.18. The disclosure for this sale can be found here. Insiders sold a total of 18,740 shares of company stock valued at $358,393 over the last 90 days. Company insiders own 0.60% of the company’s stock.

Shares of JetBlue Airways Corporation (NASDAQ JBLU) opened at 19.15 on Wednesday. The firm has a market capitalization of $6.30 billion, a PE ratio of 9.72 and a beta of 0.59. The firm has a 50-day moving average of $19.50 and a 200-day moving average of $21.25. JetBlue Airways Corporation has a 12-month low of $16.85 and a 12-month high of $24.13.

JetBlue Airways Corporation (NASDAQ:JBLU) last issued its quarterly earnings data on Tuesday, October 24th. The transportation company reported $0.55 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.03. JetBlue Airways Corporation had a net margin of 9.38% and a return on equity of 16.06%. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the business earned $0.58 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities analysts anticipate that JetBlue Airways Corporation will post $1.75 earnings per share for the current year.

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Several analysts have commented on JBLU shares. J P Morgan Chase & Co cut shares of JetBlue Airways Corporation from an “overweight” rating to a “hold” rating and set a $22.00 target price for the company. in a research report on Wednesday. BidaskClub lowered shares of JetBlue Airways Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 4th. ValuEngine raised shares of JetBlue Airways Corporation from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 23rd. Morgan Stanley reissued an “equal weight” rating on shares of JetBlue Airways Corporation in a report on Friday, July 14th. Finally, Zacks Investment Research raised shares of JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a report on Wednesday, July 12th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $25.02.

JetBlue Airways Corporation Company 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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