Deutsche Bank AG Has $2.01 Million Position in JetBlue Airways Co. (NASDAQ:JBLU)

Deutsche Bank AG increased its position in JetBlue Airways Co. (NASDAQ:JBLU - Free Report) by 53.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 256,183 shares of the transportation company's stock after buying an additional 89,131 shares during the quarter. Deutsche Bank AG owned about 0.07% of JetBlue Airways worth $2,014,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. CIBC Asset Management Inc grew its position in JetBlue Airways by 6.4% during the 4th quarter. CIBC Asset Management Inc now owns 30,416 shares of the transportation company's stock worth $239,000 after purchasing an additional 1,823 shares in the last quarter. Xponance Inc. boosted its stake in shares of JetBlue Airways by 10.2% during the 4th quarter. Xponance Inc. now owns 22,613 shares of the transportation company's stock valued at $178,000 after buying an additional 2,095 shares during the period. Blue Trust Inc. raised its holdings in shares of JetBlue Airways by 130.8% during the fourth quarter. Blue Trust Inc. now owns 4,478 shares of the transportation company's stock worth $35,000 after acquiring an additional 2,538 shares in the last quarter. Summit Investment Advisors Inc. increased its position in JetBlue Airways by 8.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 32,679 shares of the transportation company's stock worth $257,000 after purchasing an additional 2,666 shares during the last quarter. Finally, Bogart Wealth LLC lifted its holdings in shares of JetBlue Airways by 67.8% during the 4th quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company's stock valued at $55,000 after buying an additional 2,850 shares during the last quarter. Institutional investors own 83.71% of the company's stock.

JetBlue Airways Price Performance

Shares of JBLU traded down $0.15 during trading hours on Thursday, hitting $5.08. The stock had a trading volume of 15,396,038 shares, compared to its average volume of 20,268,669. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of -2.17 and a beta of 1.79. The company has a debt-to-equity ratio of 3.08, a current ratio of 1.10 and a quick ratio of 1.18. The company's fifty day moving average is $4.48 and its two-hundred day moving average is $5.99. JetBlue Airways Co. has a 52 week low of $3.34 and a 52 week high of $8.31.

JetBlue Airways (NASDAQ:JBLU - Get Free Report) last announced its earnings results on Tuesday, April 29th. The transportation company reported ($0.59) EPS for the quarter, topping the consensus estimate of ($0.61) by $0.02. The business had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.17 billion. JetBlue Airways had a negative return on equity of 9.31% and a negative net margin of 8.57%. JetBlue Airways's revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.43) EPS. On average, analysts anticipate that JetBlue Airways Co. will post -0.69 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Bank of America decreased their price objective on shares of JetBlue Airways from $5.25 to $4.25 and set an "underperform" rating for the company in a report on Thursday, April 3rd. UBS Group lowered their price target on JetBlue Airways from $5.00 to $3.00 and set a "sell" rating on the stock in a research report on Monday, April 7th. Deutsche Bank Aktiengesellschaft downgraded JetBlue Airways from a "buy" rating to a "hold" rating and dropped their price target for the stock from $9.00 to $7.00 in a research report on Tuesday, March 4th. Wall Street Zen raised shares of JetBlue Airways to a "sell" rating in a research report on Thursday, May 15th. Finally, Susquehanna decreased their price target on shares of JetBlue Airways from $6.00 to $4.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $5.16.

About JetBlue Airways

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.