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Southwest Airlines (NYSE:LUV) Director Daniel D. Villanueva sold 10,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $31.73, for a total value of $317,300.00. Following the transaction, the director now directly owns 27,458 shares in the company, valued at approximately $871,242. The transaction was disclosed in a document filed with the SEC, which is available at this link.

LUV has been the subject of a number of recent research reports. Analysts at Evercore Partners raised their price target on shares of Southwest Airlines from $32.00 to $35.00 in a research note on Monday. Separately, analysts at Zacks reiterated an “outperform” rating on shares of Southwest Airlines in a research note on Friday, August 8th. They now have a $34.00 price target on the stock. Finally, analysts at Argus raised their price target on shares of Southwest Airlines from $28.00 to $34.00 in a research note on Thursday, July 31st. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $31.96.

Shares of Southwest Airlines (NYSE:LUV) traded up 0.85% on Monday, hitting $32.14. 4,147,704 shares of the company’s stock traded hands. Southwest Airlines has a 1-year low of $12.64 and a 1-year high of $32.25. The stock’s 50-day moving average is $28.78 and its 200-day moving average is $25.53. The company has a market cap of $22.020 billion and a price-to-earnings ratio of 20.60.

Southwest Airlines (NYSE:LUV) last released its earnings data on Thursday, July 24th. The company reported $0.70 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.60 by $0.10. The company had revenue of $5.01 billion for the quarter, compared to the consensus estimate of $4.92 billion. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 7.9% on a year-over-year basis. Analysts expect that Southwest Airlines will post $1.78 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 12th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Tuesday, August 19th.

Southwest Airlines Co operates Southwest Airlines and AirTran Airways, passenger airlines that provide scheduled air transportation in the United States and near-international markets.

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