Ameritas Investment Partners Inc. Has $2,268,000 Position in JetBlue Airways Corporation (JBLU)

Ameritas Investment Partners Inc. held its position in shares of JetBlue Airways Corporation (NASDAQ:JBLU) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,353 shares of the transportation company’s stock at the close of the 2nd quarter. Ameritas Investment Partners Inc.’s holdings in JetBlue Airways Corporation were worth $2,268,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in JBLU. CENTRAL TRUST Co bought a new stake in shares of JetBlue Airways Corporation in the second quarter valued at about $162,000. IFP Advisors Inc grew its stake in JetBlue Airways Corporation by 38.1% in the second quarter. IFP Advisors Inc now owns 7,672 shares of the transportation company’s stock valued at $175,000 after purchasing an additional 2,117 shares during the last quarter. Soros Fund Management LLC purchased a new position in JetBlue Airways Corporation in the first quarter valued at about $200,000. Capital Management Associates NY purchased a new position in JetBlue Airways Corporation in the second quarter valued at about $203,000. Finally, Investment Centers of America Inc. purchased a new position in JetBlue Airways Corporation in the second quarter valued at about $205,000. Institutional investors and hedge funds own 84.48% of the company’s stock.

JetBlue Airways Corporation (NASDAQ:JBLU) traded up 0.05% during midday trading on Friday, hitting $20.35. The company had a trading volume of 1,191,287 shares. The company has a market cap of $6.69 billion, a price-to-earnings ratio of 10.33 and a beta of 0.59. The firm has a 50-day moving average price of $19.30 and a 200-day moving average price of $21.33. JetBlue Airways Corporation has a 12 month low of $16.85 and a 12 month high of $24.13.

JetBlue Airways Corporation (NASDAQ:JBLU) last announced its earnings results on Tuesday, July 25th. The transportation company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.08. JetBlue Airways Corporation had a return on equity of 16.75% and a net margin of 9.78%. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same period last year, the business posted $0.53 EPS. The company’s revenue was up 12.1% on a year-over-year basis. Equities analysts anticipate that JetBlue Airways Corporation will post $1.82 EPS for the current year.

Several equities analysts have issued reports on the company. Cowen and Company lifted their target price on JetBlue Airways Corporation from $21.00 to $22.00 and gave the company a “market perform” rating in a research note on Thursday. BidaskClub lowered JetBlue Airways Corporation from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. ValuEngine upgraded JetBlue Airways Corporation from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 23rd. Morgan Stanley reiterated an “equal weight” rating on shares of JetBlue Airways Corporation in a research note on Friday, July 14th. Finally, Zacks Investment Research upgraded JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research note on Wednesday, July 12th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $25.25.

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In other JetBlue Airways Corporation news, CEO Robin Hayes sold 2,000 shares of JetBlue Airways Corporation stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $22.03, for a total value of $44,060.00. Following the transaction, the chief executive officer now directly owns 406,362 shares in the company, valued at approximately $8,952,154.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $18.45, for a total value of $94,464.00. The disclosure for this sale can be found here. Insiders sold a total of 31,860 shares of company stock worth $646,973 over the last quarter. Company insiders own 0.60% of the company’s stock.

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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