As Plains All Amern Pipeline L (PAA) Valuation Declined, Shareholder Goodwin Daniel L Has Decreased Its Position by $844,200; As Southwest Airlines (LUV) Stock Price Rose, Monetary Management Group Has Cut Holding by $2.54 Million

January 13, 2018 - By Adrian Mccoy

Monetary Management Group Inc decreased its stake in Southwest Airlines (LUV) by 85.23% based on its latest 2017Q3 regulatory filing with the SEC. Monetary Management Group Inc sold 45,425 shares as the company’s stock rose 1.26% with the market. The institutional investor held 7,875 shares of the air freight and delivery services company at the end of 2017Q3, valued at $441,000, down from 53,300 at the end of the previous reported quarter. Monetary Management Group Inc who had been investing in Southwest Airlines for a number of months, seems to be less bullish one the $38.78 billion market cap company. The stock increased 0.80% or $0.52 during the last trading session, reaching $65.36. About 3.81 million shares traded. Southwest Airlines Co. (NYSE:LUV) has risen 37.63% since January 13, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

Goodwin Daniel L decreased its stake in Plains All Amern Pipeline L (PAA) by 75.56% based on its latest 2017Q3 regulatory filing with the SEC. Goodwin Daniel L sold 40,200 shares as the company’s stock declined 10.37% while stock markets rallied. The institutional investor held 13,000 shares of the energy company at the end of 2017Q3, valued at $275,000, down from 53,200 at the end of the previous reported quarter. Goodwin Daniel L who had been investing in Plains All Amern Pipeline L for a number of months, seems to be less bullish one the $17.38B market cap company. The stock increased 1.61% or $0.38 during the last trading session, reaching $23.96. About 5.12 million shares traded or 49.66% up from the average. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since January 13, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.

Since October 17, 2017, it had 0 buys, and 3 sales for $2.23 million activity. $1,886 worth of Southwest Airlines Co. (NYSE:LUV) was sold by BIGGINS J VERONICA on Tuesday, October 17. On Thursday, December 14 the insider Jordan Robert E sold $2.12 million.

Monetary Management Group Inc, which manages about $313.72M and $237.18 million US Long portfolio, upped its stake in Pnc Financial (NYSE:PNC) by 9,545 shares to 25,770 shares, valued at $3.47M in 2017Q3, according to the filing. It also increased its holding in Monster Beverages by 8,920 shares in the quarter, for a total of 36,035 shares, and has risen its stake in Allergan.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.06, from 0.83 in 2017Q2. It increased, as 69 investors sold LUV shares while 249 reduced holdings. 70 funds opened positions while 213 raised stakes. 441.14 million shares or 4.78% less from 463.31 million shares in 2017Q2 were reported. 106,650 were accumulated by Grimes. The Colorado-based Employees Retirement Association Of Colorado has invested 0.02% in Southwest Airlines Co. (NYSE:LUV). New Vernon Investment Management Ltd Llc has 0.64% invested in Southwest Airlines Co. (NYSE:LUV). Burt Wealth holds 0.01% or 225 shares in its portfolio. Yorktown Mngmt And reported 0.25% in Southwest Airlines Co. (NYSE:LUV). Adirondack Trust invested in 485 shares or 0.02% of the stock. Blair William And Company Il reported 0% in Southwest Airlines Co. (NYSE:LUV). Zacks Mngmt owns 4,225 shares or 0.01% of their US portfolio. Mark Sheptoff Fincl Planning Limited Liability Com holds 1,000 shares. Usca Ria Lc stated it has 24,431 shares or 0.2% of all its holdings. State Street Corporation holds 0.1% of its portfolio in Southwest Airlines Co. (NYSE:LUV) for 20.28 million shares. Moreover, Credit Agricole S A has 0.08% invested in Southwest Airlines Co. (NYSE:LUV). Sentinel Tru Lba reported 0.29% of its portfolio in Southwest Airlines Co. (NYSE:LUV). First Washington Corporation invested in 67,510 shares. Kentucky Retirement Systems Insur Trust Fund holds 0.16% of its portfolio in Southwest Airlines Co. (NYSE:LUV) for 15,989 shares.

Among 19 analysts covering Southwest Airlines Co. (NYSE:LUV), 16 have Buy rating, 0 Sell and 3 Hold. Therefore 84% are positive. Southwest Airlines Co. had 61 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Southwest Airlines Co. (NYSE:LUV) earned “Outperform” rating by Raymond James on Wednesday, September 20. Bernstein initiated the shares of LUV in report on Tuesday, October 11 with “Outperform” rating. Deutsche Bank maintained Southwest Airlines Co. (NYSE:LUV) on Friday, July 24 with “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, January 7. The company was maintained on Wednesday, November 1 by JP Morgan. The firm has “Buy” rating given on Monday, January 8 by Stephens. The rating was upgraded by J.P. Morgan on Friday, September 15 to “Buy”. The rating was maintained by Imperial Capital on Thursday, September 3 with “Outperform”. Morgan Stanley maintained it with “Overweight” rating and $64 target in Thursday, August 17 report. The stock of Southwest Airlines Co. (NYSE:LUV) has “Neutral” rating given on Wednesday, July 27 by JP Morgan.

Analysts await Southwest Airlines Co. (NYSE:LUV) to report earnings on January, 25. They expect $0.84 earnings per share, up 13.51% or $0.10 from last year’s $0.74 per share. LUV’s profit will be $498.45M for 19.45 P/E if the $0.84 EPS becomes a reality. After $0.88 actual earnings per share reported by Southwest Airlines Co. for the previous quarter, Wall Street now forecasts -4.55% negative EPS growth.

Investors sentiment decreased to 0.63 in 2017 Q3. Its down 0.42, from 1.05 in 2017Q2. It dived, as 62 investors sold PAA shares while 124 reduced holdings. 35 funds opened positions while 82 raised stakes. 303.49 million shares or 3.28% more from 293.86 million shares in 2017Q2 were reported. Illinois-based Botty Llc has invested 0.32% in Plains All American Pipeline, L.P. (NYSE:PAA). Cohen & Steers Inc, New York-based fund reported 929,682 shares. Tortoise Inv Mgmt Lc holds 0% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA) for 600 shares. Raymond James And Associates owns 335,511 shares. Delta Asset Ltd Co Tn invested 0% in Plains All American Pipeline, L.P. (NYSE:PAA). Td Capital Mgmt Ltd Liability stated it has 426 shares. Live Your Vision Ltd Liability Company owns 344 shares or 0% of their US portfolio. Putnam Invests Ltd Liability Corp accumulated 0.02% or 503,482 shares. Evercore Wealth Mngmt Limited Liability has invested 0% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Moreover, Carroll Financial Inc has 0% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 399 shares. Coastline holds 13,810 shares. Cadence Cap Mngmt Ltd Liability holds 0.71% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA) for 538,059 shares. Hodges Cap Mngmt holds 13,250 shares or 0.02% of its portfolio. Glenmede Tru Co Na has 205,777 shares for 0.02% of their portfolio. Texan Capital, Texas-based fund reported 38,405 shares.

Among 30 analysts covering Plains All American Pipeline LP (NYSE:PAA), 11 have Buy rating, 1 Sell and 18 Hold. Therefore 37% are positive. Plains All American Pipeline LP had 97 analyst reports since August 6, 2015 according to SRatingsIntel. On Thursday, April 28 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Stifel Nicolaus maintained Plains All American Pipeline, L.P. (NYSE:PAA) on Tuesday, August 8 with “Hold” rating. On Monday, October 16 the stock rating was maintained by Jefferies with “Buy”. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) has “Neutral” rating given on Thursday, August 6 by Goldman Sachs. As per Tuesday, August 16, the company rating was reinitiated by Citigroup. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) earned “Hold” rating by RBC Capital Markets on Sunday, November 5. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) earned “Outperform” rating by Robert W. Baird on Thursday, December 10. The firm has “Outperform” rating by BMO Capital Markets given on Monday, August 28. On Thursday, November 5 the stock rating was downgraded by Stifel Nicolaus to “Hold”. Credit Suisse downgraded the stock to “Neutral” rating in Thursday, November 5 report.

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