Cacti Asset Management Lifted Its Adobe Sys (GM) Holding; Southwest Airlines Co Has 0.89 Sentiment

Southwest Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. The company has market cap of $36.92 billion. As of December 31, 2016, the firm operated a total of 723 Boeing 737 aircraft; and served 101 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 8 near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, and Cuba. It has a 17.86 P/E ratio. It also sells frequent flyer points and related services to business partners participating in the Rapid Rewards frequent flyer program, such as car rental agencies, hotels, restaurants, and retailers.

Cacti Asset Management Llc increased Adobe Sys Inc (GM) stake by 6.66% reported in 2017Q3 SEC filing. Cacti Asset Management Llc acquired 59,545 shares as Adobe Sys Inc (GM)’s stock declined 12.09%. The Cacti Asset Management Llc holds 954,270 shares with $38.86M value, up from 894,725 last quarter. Adobe Sys Inc now has $62.73B valuation. The stock increased 1.80% or $0.78 during the last trading session, reaching $44.16. About 11.32 million shares traded. General Motors Company (NYSE:GM) has risen 7.92% since January 25, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 3 selling transactions for $2.23 million activity.

Ratings analysis reveals 100% of Southwest Air’s analysts are positive. Out of 6 Wall Street analysts rating Southwest Air, 6 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $46.0 while the high is $57.0. The stock’s average target of $51.33 is -17.49% below today’s ($62.21) share price. LUV was included in 6 notes of analysts from September 9, 2016. The stock has “Overweight” rating by JP Morgan on Thursday, October 27. Cowen & Co maintained Southwest Airlines Co. (NYSE:LUV) rating on Friday, January 27. Cowen & Co has “Outperform” rating and $57.0 target. As per Tuesday, October 11, the company rating was initiated by Bernstein. The stock of Southwest Airlines Co. (NYSE:LUV) earned “Buy” rating by Citigroup on Friday, November 18. The stock has “Overweight” rating by Morgan Stanley on Thursday, January 5. Imperial Capital initiated it with “Outperform” rating and $46.0 target in Friday, September 9 report.

The stock decreased 4.67% or $3.05 during the last trading session, reaching $62.21. About 10.40M shares traded or 113.96% up from the average. Southwest Airlines Co. (LUV) has risen 37.63% since January 25, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

Greenbrier Partners Capital Management Llc holds 14.22% of its portfolio in Southwest Airlines Co. for 1.26 million shares. Provident Trust Co owns 2.67 million shares or 6.62% of their US portfolio. Moreover, Gibraltar Capital Management Inc. has 6.08% invested in the company for 123,106 shares. The Texas-based Ray Gerald L & Associates Ltd has invested 6.07% in the stock. Tyvor Capital Llc, a Illinois-based fund reported 544,715 shares.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.15, from 1.02 in 2017Q2. It turned negative, as 66 investors sold GM shares while 322 reduced holdings. 96 funds opened positions while 242 raised stakes. 1.01 billion shares or 1.95% less from 1.03 billion shares in 2017Q2 were reported. Pggm Invests holds 0.42% or 2.08M shares. Shapiro Capital Mgmt Limited Liability Com holds 2.12% or 2.30 million shares. Renaissance Technologies Ltd Liability holds 0.09% or 1.96 million shares in its portfolio. Olstein Cap Mgmt Lp holds 170,000 shares. Florida-based Finemark National Bank & Trust Tru has invested 0.19% in General Motors Company (NYSE:GM). Com Of Oklahoma owns 14,950 shares or 0.3% of their US portfolio. Carroll Fincl owns 7,236 shares. Jane Street Grp Ltd Llc has invested 0.01% in General Motors Company (NYSE:GM). New York State Common Retirement Fund invested in 0.26% or 5.00M shares. Covenant Multifamily Offices Limited holds 2.33% or 86,378 shares in its portfolio. Winslow Evans And Crocker holds 0.02% or 1,416 shares. Redwood Capital Management Limited Liability has 538,392 shares for 2.22% of their portfolio. United Fire Grp holds 1,646 shares. Bancshares Of Nova Scotia stated it has 0.13% of its portfolio in General Motors Company (NYSE:GM). Zacks Investment Mngmt holds 0.14% of its portfolio in General Motors Company (NYSE:GM) for 151,222 shares.