Alps Advisors Inc. increased its stake in Southwest Airlines Co. (NYSE:LUV) by 4.6% in the third quarter, bringing its total holdings to 774,928 shares valued at approximately $24.7 million. Southwest Airlines reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend. Despite mixed Wall Street ratings, several analysts have recently upgraded the stock and increased price targets.
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Alps Advisors Inc. Raises Position in Southwest Airlines Co. $LUV
Alps Advisors Inc. increased its stake in Southwest Airlines Co. (NYSE:LUV) by 4.6% in the third quarter, bringing its total holdings to 774,928 shares valued at approximately $24.7 million. Southwest Airlines reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend. Despite mixed Wall Street ratings, several analysts have recently upgraded the stock and increased price targets.