Primecap Management Company Has Trimmed Southwest Airls Co (LUV) Holding By $27.22 Million; Tekla Capital Management Has Raised Novo Nordisk A/S (NVO) Holding

May 19, 2018 - By Louis Casey

Southwest Airlines Co. (NYSE:LUV) Logo

Tekla Capital Management Llc increased Novo Nordisk A/S (NVO) stake by 269.29% reported in 2017Q4 SEC filing. Tekla Capital Management Llc acquired 198,200 shares as Novo Nordisk A/S (NVO)’s stock declined 9.08%. The Tekla Capital Management Llc holds 271,800 shares with $14.59 million value, up from 73,600 last quarter. Novo Nordisk A/S now has $116.12B valuation. The stock decreased 0.55% or $0.27 during the last trading session, reaching $48.72. About 868,886 shares traded. Novo Nordisk A/S (NYSE:NVO) has risen 42.07% since May 19, 2017 and is uptrending. It has outperformed by 30.52% the S&P500.

Primecap Management Company decreased Southwest Airls Co (LUV) stake by 0.59% reported in 2017Q4 SEC filing. Primecap Management Company sold 418,719 shares as Southwest Airls Co (LUV)’s stock declined 14.07%. The Primecap Management Company holds 70.48M shares with $4.61 billion value, down from 70.90 million last quarter. Southwest Airls Co now has $30.26B valuation. The stock decreased 0.53% or $0.28 during the last trading session, reaching $52.19. About 6.95M shares traded or 34.83% up from the average. Southwest Airlines Co. (NYSE:LUV) has risen 7.20% since May 19, 2017 and is uptrending. It has underperformed by 4.35% the S&P500.

Tekla Capital Management Llc decreased Alexion Pharmaceuticals Inc. (NASDAQ:ALXN) stake by 91,287 shares to 659,618 valued at $78.88 million in 2017Q4. It also reduced Physicians Realty Trust (NYSE:DOC) stake by 265,336 shares and now owns 265,336 shares. Henry Schein Inc. (NASDAQ:HSIC) was reduced too.

More news for Novo Nordisk A/S (NYSE:NVO) were recently published by: Seekingalpha.com, which released: “Novo Nordisk: An Objective Analysis” on May 08, 2018. Seekingalpha.com‘s article titled: “Is Novo Nordisk Undervalued Once Again?” and published on April 30, 2018 is yet another important article.

Among 15 analysts covering Novo Nordisk (ADR) (NYSE:NVO), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 47% are positive. Novo Nordisk (ADR) had 21 analyst reports since August 28, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, December 6 by Bank of America. The company was initiated on Friday, August 28 by Leerink Swann. Morgan Stanley downgraded Novo Nordisk A/S (NYSE:NVO) on Thursday, September 1 to “Equal-Weight” rating. BNP Paribas upgraded Novo Nordisk A/S (NYSE:NVO) on Tuesday, September 13 to “Outperform” rating. Piper Jaffray initiated the stock with “Neutral” rating in Friday, September 23 report. On Friday, August 28 the stock rating was upgraded by Zacks to “Hold”. The stock of Novo Nordisk A/S (NYSE:NVO) has “Neutral” rating given on Friday, December 29 by JP Morgan. HSBC upgraded Novo Nordisk A/S (NYSE:NVO) on Wednesday, August 31 to “Hold” rating. The stock has “Neutral” rating by JP Morgan on Friday, September 9. On Monday, October 31 the stock rating was downgraded by Citigroup to “Neutral”.

Among 20 analysts covering Southwest Airlines Co. (NYSE:LUV), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Southwest Airlines Co. had 74 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Tuesday, April 12. The rating was maintained by Cowen & Co with “Outperform” on Friday, July 24. As per Monday, July 24, the company rating was maintained by Stifel Nicolaus. The company was downgraded on Friday, July 22 by Buckingham Research. Cowen & Co maintained the shares of LUV in report on Friday, July 22 with “Outperform” rating. Stephens maintained the stock with “Buy” rating in Tuesday, April 17 report. On Thursday, April 12 the stock rating was maintained by Morgan Stanley with “Overweight”. As per Friday, June 24, the company rating was maintained by Cowen & Co. The stock of Southwest Airlines Co. (NYSE:LUV) has “Overweight” rating given on Thursday, January 5 by Morgan Stanley. On Friday, April 27 the stock rating was maintained by Cowen & Co with “Buy”.

Since December 13, 2017, it had 1 buying transaction, and 8 sales for $7.80 million activity. Shares for $196,875 were bought by CUNNINGHAM WILLIAM H DR on Monday, February 12. $107,240 worth of Southwest Airlines Co. (NYSE:LUV) shares were sold by MONTFORD JOHN T. Romo Tammy sold $1.17M worth of stock or 20,272 shares. $1.58 million worth of Southwest Airlines Co. (NYSE:LUV) was sold by KELLY GARY C. Wells Gregory D had sold 8,323 shares worth $490,066. 32,931 shares were sold by Jordan Robert E, worth $2.12M on Thursday, December 14. BROOKS DOUGLAS H sold 10,000 shares worth $600,491.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.07, from 0.89 in 2017Q3. It improved, as 43 investors sold LUV shares while 274 reduced holdings. 116 funds opened positions while 188 raised stakes. 452.86 million shares or 2.65% more from 441.14 million shares in 2017Q3 were reported. Buckingham Asset Mngmt Ltd invested in 0.1% or 7,004 shares. Evanson Asset Mgmt Limited Liability accumulated 0.07% or 5,566 shares. Franklin Resources Inc has 0% invested in Southwest Airlines Co. (NYSE:LUV) for 51,286 shares. Hillsdale Invest stated it has 0% of its portfolio in Southwest Airlines Co. (NYSE:LUV). Moreover, Brown Brothers Harriman And Com has 0% invested in Southwest Airlines Co. (NYSE:LUV). Trust Department Mb Fin Bancorp N A accumulated 0.01% or 1,080 shares. Texan Capital Mngmt stated it has 34,411 shares or 1.46% of all its holdings. Outfitter Advsr Ltd reported 3,112 shares. Alphamark Advsrs Limited Liability Co has 0% invested in Southwest Airlines Co. (NYSE:LUV). Old Mutual Invsts (Uk) Limited reported 0.1% of its portfolio in Southwest Airlines Co. (NYSE:LUV). Element Cap Mngmt Ltd Liability stated it has 762,844 shares or 1.23% of all its holdings. Conning has 0.03% invested in Southwest Airlines Co. (NYSE:LUV) for 13,820 shares. Teachers Retirement Systems Of The State Of Kentucky holds 348,968 shares or 0.27% of its portfolio. Regal Advsr Limited Liability Com accumulated 3,248 shares or 0.05% of the stock. Utd Cap Fincl Advisers Ltd Llc has 0.02% invested in Southwest Airlines Co. (NYSE:LUV) for 38,654 shares.

Analysts await Southwest Airlines Co. (NYSE:LUV) to report earnings on July, 26. They expect $1.38 earnings per share, up 11.29% or $0.14 from last year’s $1.24 per share. LUV’s profit will be $800.13M for 9.45 P/E if the $1.38 EPS becomes a reality. After $0.75 actual earnings per share reported by Southwest Airlines Co. for the previous quarter, Wall Street now forecasts 84.00% EPS growth.

More notable recent Southwest Airlines Co. (NYSE:LUV) news were published by: Seekingalpha.com which released: “Southwest Airlines: Buyback Speaks Volumes” on May 17, 2018, also Bizjournals.com with their article: “Southwest Airlines eyes new international routes” published on May 18, 2018, Nasdaq.com published: “Southwest Airlines Confirms Its International Ambitions” on May 19, 2018. More interesting news about Southwest Airlines Co. (NYSE:LUV) were released by: Seekingalpha.com and their article: “Southwest cancels flights for inspections” published on April 23, 2018 as well as Investorplace.com‘s news article titled: “5 Top Stock Trades for Thursday Morning” with publication date: May 16, 2018.

Primecap Management Company increased Transdigm Group (NYSE:TDG) stake by 30,000 shares to 200,300 valued at $55.01 million in 2017Q4. It also upped Dhx Media Cl A stake by 600,000 shares and now owns 10.05 million shares. Mgm Resorts Intl (NYSE:MGM) was raised too.

Southwest Airlines Co. (NYSE:LUV) Institutional Positions Chart

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