Southwest Airlines Co (LUV) Holder Sentinel Trust Company Lba Cut Its Holding by $1.59 Million; Bank Of Montreal Has Increased Its Holding in Tc Pipelines LP (TCP) by $1.97 Million

April 25, 2018 - By Henry Gaston

Southwest Airlines Co. (NYSE:LUV) Logo

Sentinel Trust Company Lba decreased its stake in Southwest Airlines Co (LUV) by 78.72% based on its latest 2017Q4 regulatory filing with the SEC. Sentinel Trust Company Lba sold 24,385 shares as the company’s stock declined 14.07% with the market. The institutional investor held 6,591 shares of the air freight and delivery services company at the end of 2017Q4, valued at $432,000, down from 30,976 at the end of the previous reported quarter. Sentinel Trust Company Lba who had been investing in Southwest Airlines Co for a number of months, seems to be less bullish one the $31.14B market cap company. The stock decreased 0.71% or $0.38 during the last trading session, reaching $53.5. About 1.98 million shares traded. Southwest Airlines Co. (NYSE:LUV) has risen 7.20% since April 25, 2017 and is uptrending. It has underperformed by 4.35% the S&P500.

Bank Of Montreal increased its stake in Tc Pipelines Lp (TCP) by 7.21% based on its latest 2017Q4 regulatory filing with the SEC. Bank Of Montreal bought 37,191 shares as the company’s stock declined 34.01% with the market. The institutional investor held 553,000 shares of the public utilities company at the end of 2017Q4, valued at $29.36 million, up from 515,809 at the end of the previous reported quarter. Bank Of Montreal who had been investing in Tc Pipelines Lp for a number of months, seems to be bullish on the $2.44B market cap company. The stock increased 0.74% or $0.25 during the last trading session, reaching $34.15. About 81,202 shares traded. TC PipeLines, LP (NYSE:TCP) has declined 41.45% since April 25, 2017 and is downtrending. It has underperformed by 53.00% the S&P500.

Analysts await Southwest Airlines Co. (NYSE:LUV) to report earnings on April, 26 before the open. They expect $0.75 EPS, up 22.95% or $0.14 from last year’s $0.61 per share. LUV’s profit will be $436.50M for 17.83 P/E if the $0.75 EPS becomes a reality. After $0.77 actual EPS reported by Southwest Airlines Co. for the previous quarter, Wall Street now forecasts -2.60% negative EPS growth.

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 71 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Friday, July 22 by Cowen & Co. Imperial Capital maintained Southwest Airlines Co. (NYSE:LUV) rating on Friday, April 28. Imperial Capital has “Outperform” rating and $68 target. On Thursday, March 29 the stock rating was maintained by Stephens with “Buy”. The company was maintained on Thursday, September 3 by Imperial Capital. Credit Suisse maintained the shares of LUV in report on Tuesday, April 12 with “Outperform” rating. The stock has “Outperform” rating by Credit Suisse on Friday, January 22. Stephens maintained it with “Buy” rating and $7400 target in Tuesday, April 17 report. The firm has “Overweight” rating given on Thursday, December 14 by Atlantic Securities. The company was maintained on Thursday, March 22 by UBS. The firm earned “Neutral” rating on Friday, October 27 by Buckingham Research.

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. Tower Rech Limited Co (Trc) has 0.05% invested in Southwest Airlines Co. (NYSE:LUV) for 6,419 shares. Castleark Ltd owns 40,840 shares for 0.08% of their portfolio. Wolverine Asset Mgmt Limited Company holds 19,677 shares. Ls Advsrs Ltd Com reported 11,786 shares or 0.04% of all its holdings. Tiaa Cref Inv Mgmt Ltd Limited Liability Company has invested 0.14% in Southwest Airlines Co. (NYSE:LUV). Beach Inv Counsel Inc Pa accumulated 0.99% or 155,591 shares. Lenox Wealth Mngmt stated it has 186 shares. Benjamin F Edwards And Inc owns 0% invested in Southwest Airlines Co. (NYSE:LUV) for 642 shares. Bluemountain Capital Ltd Liability Corporation stated it has 145,395 shares or 0.19% of all its holdings. Ipg Inv Advsr Lc has invested 0.14% in Southwest Airlines Co. (NYSE:LUV). Oppenheimer Com invested 0.58% of its portfolio in Southwest Airlines Co. (NYSE:LUV). Baldwin Brothers Inc Ma holds 500 shares or 0.01% of its portfolio. Smithfield Tru holds 0% of its portfolio in Southwest Airlines Co. (NYSE:LUV) for 130 shares. Credit Cap Limited holds 5,000 shares or 0.34% of its portfolio. Boston Limited Liability Corporation stated it has 50,688 shares.

Sentinel Trust Company Lba, which manages about $481.44M US Long portfolio, upped its stake in Priceline Group Inc (NASDAQ:PCLN) by 830 shares to 1,410 shares, valued at $2.45 million in 2017Q4, according to the filing. It also increased its holding in Facebook Inc Cl A (NASDAQ:FB) by 31,005 shares in the quarter, for a total of 47,024 shares, and has risen its stake in Philip Morris Intl Inc (NYSE:PM).

Since December 13, 2017, it had 1 buy, and 8 selling transactions for $7.80 million activity. Van de Ven Michael G had sold 31,099 shares worth $1.78 million. $2.12M worth of Southwest Airlines Co. (NYSE:LUV) shares were sold by Jordan Robert E. On Wednesday, December 13 MONTFORD JOHN T sold $107,240 worth of Southwest Airlines Co. (NYSE:LUV) or 1,695 shares. CUNNINGHAM WILLIAM H DR also bought $196,875 worth of Southwest Airlines Co. (NYSE:LUV) shares. Shares for $490,066 were sold by Wells Gregory D on Tuesday, February 27. $600,491 worth of stock was sold by BROOKS DOUGLAS H on Tuesday, March 13.

Bank Of Montreal, which manages about $34.23B and $115.13 billion US Long portfolio, decreased its stake in V F Corp (NYSE:VFC) by 41,916 shares to 669,182 shares, valued at $49.52M in 2017Q4, according to the filing. It also reduced its holding in Gnc Hldgs Inc (Put) (NYSE:GNC) by 155,500 shares in the quarter, leaving it with 250,200 shares, and cut its stake in Pra Health Sciences Inc.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.10, from 0.81 in 2017Q3. It increased, as 13 investors sold TCP shares while 45 reduced holdings. 20 funds opened positions while 33 raised stakes. 45.12 million shares or 12.28% more from 40.18 million shares in 2017Q3 were reported. Eagle Glob Advisors Limited Liability owns 323,648 shares or 0.54% of their US portfolio. Janney Montgomery Scott Ltd Liability Corporation has invested 0.01% in TC PipeLines, LP (NYSE:TCP). Morgan Stanley holds 264,725 shares or 0% of its portfolio. Green Square Cap Limited has 45,399 shares for 0.36% of their portfolio. Endurance Wealth Management Incorporated owns 1,100 shares or 0.01% of their US portfolio. Moreover, Trust Asset Management Limited Company has 0.32% invested in TC PipeLines, LP (NYSE:TCP). Barclays Public Ltd Com invested in 187,585 shares or 0.01% of the stock. Cohen And Steers Incorporated accumulated 0.01% or 37,753 shares. Freestone Cap Holdg Ltd Liability has 0.35% invested in TC PipeLines, LP (NYSE:TCP) for 95,809 shares. Solaris Asset Ltd Liability stated it has 500 shares. North Star Invest Mgmt Corporation accumulated 700 shares. Massachusetts-based Fmr Limited has invested 0% in TC PipeLines, LP (NYSE:TCP). Ct Mason reported 116,740 shares. Fidelity Natl stated it has 1.09% in TC PipeLines, LP (NYSE:TCP). Geode Capital Management Ltd Liability reported 16,793 shares or 0% of all its holdings.

Among 12 analysts covering TC Pipelines (NYSE:TCP), 2 have Buy rating, 3 Sell and 7 Hold. Therefore 17% are positive. TC Pipelines had 33 analyst reports since July 22, 2015 according to SRatingsIntel. JP Morgan maintained the shares of TCP in report on Friday, May 27 with “Neutral” rating. The firm earned “Underweight” rating on Tuesday, April 17 by Barclays Capital. The stock of TC PipeLines, LP (NYSE:TCP) earned “Buy” rating by RBC Capital Markets on Sunday, August 20. As per Wednesday, July 20, the company rating was maintained by Goldman Sachs. As per Monday, May 15, the company rating was maintained by Wolfe Research. As per Monday, June 20, the company rating was downgraded by Barclays Capital. The firm has “Buy” rating given on Wednesday, March 28 by Citigroup. The stock has “Underperform” rating by Bank of America on Wednesday, March 21. The firm has “Equal Weight” rating given on Friday, August 7 by Barclays Capital. On Friday, December 8 the stock rating was upgraded by Citigroup to “Buy”.

TC PipeLines, LP (NYSE:TCP) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts