Lombard Odier Asset Management USA Corp Has $2.39 Million Stake in Southwest Airlines Co. $LUV

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Lombard Odier Asset Management USA Corp significantly increased its stake in Southwest Airlines Co. (NYSE:LUV) by 107.3% in the third quarter, now holding 74,854 shares valued at $2.39 million. This move is part of broader institutional investor activity in LUV, which currently sees 80.82% ownership by hedge funds and institutional investors. Despite a consensus “Hold” rating from Wall Street analysts with a target price of $46.29, recent headlines include mixed sentiment ranging from UBS maintaining a “buy” rating to Wells Fargo cutting its target and concerns about rising fuel costs and network adjustments.

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