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Ameriprise Financial Inc. Purchases 3,753,183 Shares of Southwest Airlines Co. $LUV
Ameriprise Financial Inc. significantly increased its stake in Southwest Airlines Co. (NYSE:LUV) by 43.7% in the third quarter, purchasing an additional 3,753,183 shares and bringing its total holdings to 12,335,167 shares valued at $393,615,000. Several other hedge funds also acquired new positions in Southwest Airlines, reflecting varied institutional interest. The article also provides details on analyst ratings, price performance, recent earnings, and dividend announcements for Southwest Airlines, alongside a news roundup highlighting both positive and negative sentiments affecting the company.