Swiss National Bank Has $810,000 Stock Holdings in JetBlue Airways Corporation $JBLU

Swiss National Bank lessened its holdings in JetBlue Airways Corporation (NASDAQ:JBLU) by 1.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,000 shares of the transportation company’s stock after selling 2,500 shares during the period. Swiss National Bank’s holdings in JetBlue Airways were worth $810,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Vident Advisory LLC boosted its position in shares of JetBlue Airways by 10.9% in the fourth quarter. Vident Advisory LLC now owns 23,181 shares of the transportation company’s stock worth $182,000 after buying an additional 2,284 shares during the period. Penserra Capital Management LLC boosted its position in shares of JetBlue Airways by 15.0% in the first quarter. Penserra Capital Management LLC now owns 25,339 shares of the transportation company’s stock worth $122,000 after buying an additional 3,302 shares during the period. Mariner LLC boosted its position in shares of JetBlue Airways by 5.6% in the fourth quarter. Mariner LLC now owns 67,781 shares of the transportation company’s stock worth $533,000 after buying an additional 3,575 shares during the period. one8zero8 LLC boosted its position in shares of JetBlue Airways by 26.4% in the first quarter. one8zero8 LLC now owns 31,600 shares of the transportation company’s stock worth $152,000 after buying an additional 6,600 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in JetBlue Airways by 5.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 177,748 shares of the transportation company’s stock valued at $1,397,000 after purchasing an additional 9,270 shares during the last quarter. Institutional investors and hedge funds own 83.71% of the company’s stock.

JetBlue Airways Price Performance

NASDAQ JBLU opened at $5.32 on Wednesday. JetBlue Airways Corporation has a fifty-two week low of $3.34 and a fifty-two week high of $8.31. The stock’s 50-day moving average is $4.53 and its two-hundred day moving average is $4.92. The company has a debt-to-equity ratio of 3.21, a current ratio of 0.88 and a quick ratio of 0.84. The firm has a market cap of $1.93 billion, a P/E ratio of -4.84 and a beta of 1.80.

JetBlue Airways (NASDAQ:JBLU) last posted its earnings results on Tuesday, July 29th. The transportation company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.31) by $0.15. JetBlue Airways had a negative return on equity of 15.59% and a negative net margin of 4.22%.The company had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.26 billion. On average, analysts anticipate that JetBlue Airways Corporation will post -0.69 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

JBLU has been the subject of a number of research reports. Citigroup set a $5.00 price objective on JetBlue Airways and gave the company a “neutral” rating in a research report on Tuesday, July 29th. Barclays reissued an “underweight” rating on shares of JetBlue Airways in a research report on Tuesday, July 29th. UBS Group set a $3.00 price objective on JetBlue Airways and gave the company a “sell” rating in a research report on Monday, July 7th. Raymond James Financial cut JetBlue Airways from an “outperform” rating to a “market perform” rating in a research report on Thursday, May 15th. Finally, Susquehanna reissued a “neutral” rating on shares of JetBlue Airways in a research report on Tuesday, July 29th. Eight investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $5.16.

JetBlue Airways Company Profile

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.