Vanguard Group Inc. Cuts Position in Southwest Airlines Co. $LUV

Vanguard Group Inc. reduced its stake in Southwest Airlines (NYSE:LUV) by 0.8% in Q4, selling 463,696 shares, though it still holds over 60 million shares valued at approximately $2.5 billion. Despite Vanguard’s reduction, other institutional investors like Ameriprise Financial and SG Americas substantially increased their holdings. Analysts maintain a “Hold” consensus rating for Southwest with a target price of $44.11, while the company reported Q1 EPS in line with expectations but missed revenue targets and issued Q2 guidance.

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