Southwest Airls Co (LUV) Shareholder First Heartland Consultants Has Cut Its Stake as Share Value Rose; Mednax (MD) Shareholder Fort LP Decreased Its Position

September 14, 2018 - By Ricky Cave

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Fort Lp decreased its stake in Mednax Inc (MD) by 5.55% based on its latest 2018Q2 regulatory filing with the SEC. Fort Lp sold 15,017 shares as the company’s stock rose 2.83% with the market. The hedge fund held 255,741 shares of the health care company at the end of 2018Q2, valued at $11.07M, down from 270,758 at the end of the previous reported quarter. Fort Lp who had been investing in Mednax Inc for a number of months, seems to be less bullish one the $4.22B market cap company. The stock decreased 0.80% or $0.38 during the last trading session, reaching $47.85. About 224,525 shares traded. MEDNAX, Inc. (NYSE:MD) has risen 10.78% since September 14, 2017 and is uptrending. It has underperformed by 4.84% the S&P500. Some Historical MD News: 26/04/2018 – SEVERAL PE LOOKING AT MEDNAX HAVE PUT `PENCILS DOWN’: DEALREP; 02/04/2018 – MD SEES CHILDREN’S UROLOGY ASSOCIATES BUY TO ADD TO EARNINGS; 06/04/2018 – MEDNAX in Collaboration with Memorial Regional Hospital Earns National Accreditation for Adult Congenital Heart Program; 27/03/2018 – MEDNAX INC – COOL SPRINGS INTERVENTIONAL WAS A CASH TRANSACTION AND IT IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS; 24/04/2018 – MEDNAX Announces Acquisition Of Leading Texas Radiology Practice; 26/04/2018 – MEDNAX SALES PROCESS IS SAID TO BE ON `LIFE SUPPORT’: DEALREP; 30/04/2018 – Mednax Sees 2Q Adj EPS $1.04-Adj EPS $1.09; 30/04/2018 – Mednax 1Q EPS 68c; 30/04/2018 – Mednax Sees 2Q EPS 81c-EPS 86c; 10/04/2018 – MedData’s New Patient Financial Platform Solves Inefficient, Costly Revenue Cycle Challenges

First Heartland Consultants Inc decreased its stake in Southwest Airls Co (LUV) by 68.91% based on its latest 2018Q2 regulatory filing with the SEC. First Heartland Consultants Inc sold 9,693 shares as the company’s stock rose 19.51% with the market. The institutional investor held 4,374 shares of the air freight and delivery services company at the end of 2018Q2, valued at $223,000, down from 14,067 at the end of the previous reported quarter. First Heartland Consultants Inc who had been investing in Southwest Airls Co for a number of months, seems to be less bullish one the $35.69B market cap company. The stock decreased 0.11% or $0.07 during the last trading session, reaching $62.29. About 1.67 million shares traded. Southwest Airlines Co. (NYSE:LUV) has risen 13.75% since September 14, 2017 and is uptrending. It has underperformed by 1.87% the S&P500. Some Historical LUV News: 18/04/2018 – NTSB PRESS BRIEFING ON SOUTHWEST AIRLINES ENGINE FAILURE: LIVE; 09/04/2018 – Southwest Airlines Wins 2018 TripAdvisor Travelers’ Choice Awards For Airlines; 16/05/2018 – SOUTHWEST CANCELED 500 FLIGHTS TO ALLOW FOR FAN BLADE REVIEWS; 17/04/2018 – SOUTHWEST: ACCELERATING INSPECTION PROGRAM ON CFM56 FAMILY; 17/04/2018 – Southwest says aircraft hit by engine explosion was inspected this week; 17/04/2018 – SOUTHWEST AIRLINES ACCELERATING EXISTING ENGINE INSPECTION PROGRAM RELATING TO THE CFM56 ENGINE FAMILY – STATEMENT; 17/04/2018 – SOUTHWEST SAYS IT’S IN PROCESS OF GATHERING MORE INFORMATION; 17/04/2018 – SOUTHWEST SAYS THERE ARE NO OTHER REPORTS OF INJURIES; 17/04/2018 – FOX 29: #BREAKING: #Southwest plane being towed off tarmac at #PHL Awaiting airline statement LIVE @FOX29philly…; 26/04/2018 – SOUTHWEST SAYS LOSS OF SINGLE FAN BLADE IN ENGINE BLOWOUT ‘JUST SHOULDN’T HAVE CAUSED’ THAT DRAMATIC AN IMPACT

Among 22 analysts covering Southwest Airlines Co. (NYSE:LUV), 17 have Buy rating, 0 Sell and 5 Hold. Therefore 77% are positive. Southwest Airlines Co. had 86 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Thursday, April 12. The stock has “Overweight” rating by JP Morgan on Thursday, February 4. The stock has “Buy” rating by Stifel Nicolaus on Monday, July 24. Morgan Stanley maintained it with “Overweight” rating and $72 target in Monday, March 26 report. The rating was maintained by Deutsche Bank on Friday, July 24 with “Buy”. The firm earned “Outperform” rating on Friday, January 27 by Imperial Capital. The firm has “Buy” rating given on Tuesday, April 17 by Stephens. The firm has “Buy” rating by Buckingham Research given on Monday, May 14. The firm has “Outperform” rating given on Friday, January 22 by Credit Suisse. The stock of Southwest Airlines Co. (NYSE:LUV) has “Outperform” rating given on Tuesday, April 12 by Credit Suisse.

More news for Southwest Airlines Co. (NYSE:LUV) were recently published by: Bizjournals.com, which released: “Southwest to bring back seasonal RDU-Cancun flight” on August 30, 2018. Benzinga.com‘s article titled: “Southwest Airlines Has 21% Upside Potential, Argus Says In Upgrade” and published on September 07, 2018 is yet another important article.

Since August 17, 2018, it had 0 insider buys, and 1 insider sale for $363,405 activity.

Analysts await Southwest Airlines Co. (NYSE:LUV) to report earnings on October, 25. They expect $1.06 earnings per share, up 20.45% or $0.18 from last year’s $0.88 per share. LUV’s profit will be $607.39M for 14.69 P/E if the $1.06 EPS becomes a reality. After $1.26 actual earnings per share reported by Southwest Airlines Co. for the previous quarter, Wall Street now forecasts -15.87% negative EPS growth.

Investors sentiment decreased to 0.87 in Q2 2018. Its down 0.01, from 0.88 in 2018Q1. It fall, as 74 investors sold LUV shares while 246 reduced holdings. 87 funds opened positions while 192 raised stakes. 423.74 million shares or 3.82% less from 440.55 million shares in 2018Q1 were reported. Employees Retirement Of Texas accumulated 60,700 shares. Los Angeles Cap Mgmt Equity Incorporated owns 285,915 shares. Louisiana State Employees Retirement System reported 31,400 shares. Motco holds 0.02% or 3,062 shares in its portfolio. 2,141 were accumulated by Cwm Limited Liability Corp. Yorktown Mngmt & Rech Inc invested in 0.25% or 17,000 shares. Next Finance Group Inc holds 0.15% of its portfolio in Southwest Airlines Co. (NYSE:LUV) for 7,476 shares. Mariner Ltd Llc has 12,566 shares for 0.02% of their portfolio. White Pine has 94,135 shares for 2.48% of their portfolio. Rampart Investment Management Com Ltd Liability Corporation reported 0.03% stake. Commerzbank Aktiengesellschaft Fi holds 0.02% in Southwest Airlines Co. (NYSE:LUV) or 31,192 shares. Dubuque Financial Bank & Tru Communications owns 1,115 shares or 0.01% of their US portfolio. Public Sector Pension Investment Board holds 0.01% in Southwest Airlines Co. (NYSE:LUV) or 30,421 shares. British Columbia Inv Mgmt has invested 0.03% in Southwest Airlines Co. (NYSE:LUV). Adirondack holds 0.02% or 485 shares in its portfolio.

First Heartland Consultants Inc, which manages about $867.76M and $283.65 million US Long portfolio, upped its stake in First Tr Exchange Traded Fd (FTSM) by 35,906 shares to 42,904 shares, valued at $2.57M in 2018Q2, according to the filing. It also increased its holding in First Tr Exchange Traded Fd (FDN) by 3,579 shares in the quarter, for a total of 43,326 shares, and has risen its stake in Ishares (EEMV).

More important recent MEDNAX, Inc. (NYSE:MD) news were published by: Globenewswire.com which released: “Hagens Berman Reminds Investors in Mednax, Inc. (NYSE: MD) of the September 10, 2018 Securities Class Action …” on September 04, 2018, also Globenewswire.com published article titled: “CLASS ACTION DEADLINE MONDAY for MRCY, MD and FPI: Levi & Korsinsky, LLP Reminds Investors of Class …”, Seekingalpha.com published: “Huge Opportunity With This Profitable Medical Company” on September 14, 2018. More interesting news about MEDNAX, Inc. (NYSE:MD) was released by: Digitaljournal.com and their article: “NYSE:MD Investor Alert: Deadline in Lawsuit Against MEDNAX, Inc. on September 10, 2018 Upcoming” with publication date: September 10, 2018.

Fort Lp, which manages about $349.60M and $422.98M US Long portfolio, upped its stake in Prestige Brands Hldgs Inc (NYSE:PBH) by 33,236 shares to 83,096 shares, valued at $3.19M in 2018Q2, according to the filing. It also increased its holding in Dun & Bradstreet Corp Del Ne (NYSE:DNB) by 24,397 shares in the quarter, for a total of 84,466 shares, and has risen its stake in Deluxe Corp (NYSE:DLX).

Among 20 analysts covering MEDNAX (NYSE:MD), 6 have Buy rating, 1 Sell and 13 Hold. Therefore 30% are positive. MEDNAX had 55 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of MEDNAX, Inc. (NYSE:MD) has “Buy” rating given on Thursday, February 8 by Piper Jaffray. The stock has “Hold” rating by Zacks on Monday, September 7. The stock has “Neutral” rating by Credit Suisse on Monday, May 7. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, November 3. Mizuho maintained MEDNAX, Inc. (NYSE:MD) rating on Tuesday, May 30. Mizuho has “Neutral” rating and $58 target. The stock of MEDNAX, Inc. (NYSE:MD) earned “Neutral” rating by Mizuho on Wednesday, November 9. KeyBanc Capital Markets upgraded MEDNAX, Inc. (NYSE:MD) on Monday, September 18 to “Overweight” rating. The company was maintained on Friday, November 3 by Robert W. Baird. As per Friday, March 10, the company rating was downgraded by JP Morgan. On Friday, May 4 the stock rating was maintained by Citigroup with “Neutral”.

Analysts await MEDNAX, Inc. (NYSE:MD) to report earnings on November, 7. They expect $0.91 earnings per share, up 10.98% or $0.09 from last year’s $0.82 per share. MD’s profit will be $80.27 million for 13.15 P/E if the $0.91 EPS becomes a reality. After $0.99 actual earnings per share reported by MEDNAX, Inc. for the previous quarter, Wall Street now forecasts -8.08% negative EPS growth.

MEDNAX, Inc. (NYSE:MD) Institutional Positions Chart

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