Dimensional Fund Advisors LP raised its stake in JetBlue Airways Corporation (NASDAQ:JBLU) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,035,605 shares of the transportation company’s stock after purchasing an additional 230,067 shares during the quarter. Dimensional Fund Advisors LP owned about 3.36% of JetBlue Airways Corporation worth $251,947,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Virtu KCG Holdings LLC boosted its holdings in shares of JetBlue Airways Corporation by 44.2% in the 2nd quarter. Virtu KCG Holdings LLC now owns 23,446 shares of the transportation company’s stock valued at $535,000 after purchasing an additional 7,190 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in shares of JetBlue Airways Corporation by 207.0% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,311,934 shares of the transportation company’s stock valued at $29,951,000 after purchasing an additional 884,560 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of JetBlue Airways Corporation by 0.9% in the 2nd quarter. M&T Bank Corp now owns 19,383 shares of the transportation company’s stock valued at $442,000 after purchasing an additional 181 shares during the last quarter. TIAA FSB acquired a new position in shares of JetBlue Airways Corporation in the 2nd quarter valued at $4,299,000. Finally, FMR LLC boosted its holdings in shares of JetBlue Airways Corporation by 2.2% in the 2nd quarter. FMR LLC now owns 19,075,077 shares of the transportation company’s stock valued at $435,484,000 after purchasing an additional 404,086 shares during the last quarter. Institutional investors own 84.47% of the company’s stock.

In other JetBlue Airways Corporation news, EVP James G. Hnat sold 6,000 shares of the stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $21.98, for a total value of $131,880.00. Following the completion of the sale, the executive vice president now directly owns 25,992 shares of the company’s stock, valued at approximately $571,304.16. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP George Martin J. St sold 2,500 shares of the stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $18.79, for a total transaction of $46,975.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 31,860 shares of company stock valued at $683,975. 0.60% of the stock is owned by insiders.

JBLU has been the topic of a number of research analyst reports. Standpoint Research reiterated a “buy” rating on shares of JetBlue Airways Corporation in a report on Sunday, September 3rd. Bank of America Corporation lifted their price target on shares of JetBlue Airways Corporation from $27.00 to $28.00 and gave the company a “buy” rating in a report on Friday, June 30th. BidaskClub lowered shares of JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Morgan Stanley lifted their target price on shares of JetBlue Airways Corporation from $22.00 to $23.00 and gave the company an “equal weight” rating in a report on Tuesday, June 13th. Finally, Cowen and Company lifted their target price on shares of JetBlue Airways Corporation from $24.00 to $25.00 and gave the company a “market perform” rating in a report on Tuesday, July 25th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $25.77.

JetBlue Airways Corporation (JBLU) traded up 0.81% during midday trading on Monday, reaching $18.77. 870,823 shares of the company traded hands. The firm has a 50 day moving average of $20.33 and a 200-day moving average of $21.42. JetBlue Airways Corporation has a 12 month low of $16.81 and a 12 month high of $24.13. The stock has a market capitalization of $6.17 billion, a price-to-earnings ratio of 9.53 and a beta of 0.59.

JetBlue Airways Corporation (NASDAQ:JBLU) last posted its quarterly earnings data on Tuesday, July 25th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.08. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.82 billion. JetBlue Airways Corporation had a net margin of 9.78% and a return on equity of 16.75%. JetBlue Airways Corporation’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.53 EPS. Analysts forecast that JetBlue Airways Corporation will post $1.90 EPS for the current fiscal year.

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JetBlue Airways Corporation Company Profile

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. Its segments include Domestic, and Caribbean & Latin America. It operates various kinds of aircrafts, including Airbus A321, Airbus A320 and Embraer E190.

Institutional Ownership by Quarter for JetBlue Airways Corporation (NASDAQ:JBLU)

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