Wright Investors Service Has Boosted Southwest Airls Co (LUV) Stake By $480,500; Westar Energy (WR)’s Sentiment Is 0.67

December 7, 2017 - By Stephen Andrade

Westar Energy, Inc., an electric utility company, generates, transmits, and distributes electricity in Kansas. The company has market cap of $8.03 billion. The firm has 6,292 megawatts of electric generation capacity that produces electricity through various fuel types, including coal, uranium, natural gas, and diesel. It has a 23.44 P/E ratio. It also owns approximately 6,400 miles of transmission lines, 24,000 miles of overhead distribution lines, and 5,000 miles of underground distribution lines.

Wright Investors Service Inc increased Southwest Airls Co (LUV) stake by 20.74% reported in 2017Q2 SEC filing. Wright Investors Service Inc acquired 7,750 shares as Southwest Airls Co (LUV)’s stock rose 1.26%. The Wright Investors Service Inc holds 45,120 shares with $2.80M value, up from 37,370 last quarter. Southwest Airls Co now has $36.27B valuation. The stock decreased 0.77% or $0.48 during the last trading session, reaching $61.12. About 2.89M shares traded. Southwest Airlines Co. (NYSE:LUV) has risen 37.63% since December 7, 2016 and is uptrending. It has outperformed by 20.93% the S&P500.

Wright Investors Service Inc decreased Asml Holding N V (NASDAQ:ASML) stake by 2,470 shares to 1,650 valued at $215,000 in 2017Q2. It also reduced Westpac Bkg Corp (NYSE:WBK) stake by 15,570 shares and now owns 52,987 shares. Lamar Advertising Co New (NASDAQ:LAMR) was reduced too.

Investors sentiment decreased to 0.83 in 2017 Q2. Its down 0.07, from 0.9 in 2017Q1. It dropped, as 48 investors sold LUV shares while 291 reduced holdings. 94 funds opened positions while 186 raised stakes. 463.31 million shares or 1.17% less from 468.79 million shares in 2017Q1 were reported. The Michigan-based Columbia Asset Mgmt has invested 0.13% in Southwest Airlines Co. (NYSE:LUV). Moreover, Ifrah Financial has 0.15% invested in Southwest Airlines Co. (NYSE:LUV). Boyer & Corporon Wealth Management Limited owns 79,137 shares or 2.19% of their US portfolio. Skylands Capital Limited Liability Corporation has invested 0.74% in Southwest Airlines Co. (NYSE:LUV). 218,416 are owned by Oregon Pub Employees Retirement Fund. Invesco stated it has 2.01 million shares. 24,431 are held by Usca Ria. Moreover, Piedmont Invest Advisors Ltd Liability has 0.18% invested in Southwest Airlines Co. (NYSE:LUV) for 131,339 shares. 61,560 were reported by Columbia Prtnrs L L C Invest Mgmt. Regions accumulated 0.01% or 9,148 shares. Johnson Financial Grp reported 0.22% in Southwest Airlines Co. (NYSE:LUV). Moreover, Van Hulzen Asset Ltd has 0.11% invested in Southwest Airlines Co. (NYSE:LUV). Blue Cap Inc has invested 0.17% in Southwest Airlines Co. (NYSE:LUV). Kopp Invest Lc accumulated 20,470 shares or 1.14% of the stock. Natl Pension Service reported 2,274 shares or 0% of all its holdings.

Among 18 analysts covering Southwest Airlines Co. (NYSE:LUV), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. Southwest Airlines Co. had 57 analyst reports since July 30, 2015 according to SRatingsIntel. JP Morgan downgraded the stock to “Neutral” rating in Wednesday, July 27 report. The stock of Southwest Airlines Co. (NYSE:LUV) has “Outperform” rating given on Thursday, September 3 by Imperial Capital. Stifel Nicolaus maintained the shares of LUV in report on Wednesday, September 27 with “Buy” rating. The rating was upgraded by Evercore on Tuesday, July 26 to “Buy”. The stock of Southwest Airlines Co. (NYSE:LUV) earned “Equal-Weight” rating by Morgan Stanley on Thursday, January 7. The firm earned “Buy” rating on Friday, October 27 by Cowen & Co. The stock of Southwest Airlines Co. (NYSE:LUV) earned “Overweight” rating by Morgan Stanley on Monday, November 13. The stock has “Outperform” rating by Cowen & Co on Friday, July 22. JP Morgan upgraded it to “Overweight” rating and $66 target in Friday, September 15 report. The firm has “Outperform” rating given on Friday, April 28 by Imperial Capital.

The stock increased 0.18% or $0.1 during the last trading session, reaching $56.49. About 546,825 shares traded. Westar Energy, Inc. (WR) has declined 0.52% since December 7, 2016 and is downtrending. It has underperformed by 17.22% the S&P500.

Analysts await Westar Energy, Inc. (NYSE:WR) to report earnings on February, 28. They expect $0.39 earnings per share, up 2.63% or $0.01 from last year’s $0.38 per share. WR’s profit will be $55.42M for 36.21 P/E if the $0.39 EPS becomes a reality. After $1.11 actual earnings per share reported by Westar Energy, Inc. for the previous quarter, Wall Street now forecasts -64.86% negative EPS growth.

Highvista Strategies Llc holds 3.3% of its portfolio in Westar Energy, Inc. for 273,286 shares. Driehaus Capital Management Llc owns 1.39 million shares or 2.7% of their US portfolio. Moreover, Magnetar Financial Llc has 2.26% invested in the company for 2.40 million shares. The New York-based Water Island Capital Llc has invested 2.21% in the stock. Alpine Associates Management Inc., a New Jersey-based fund reported 1.22 million shares.

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