Atlas Capital Advisors Inc. boosted its position in United Airlines Holdings, Inc. (NASDAQ:UAL – Free Report) by 3,012.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,334 shares of the transportation company’s stock after buying an additional 2,259 shares during the period. Atlas Capital Advisors Inc.’s holdings in United Airlines were worth $227,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of United Airlines by 16.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 233,464 shares of the transportation company’s stock valued at $13,321,000 after purchasing an additional 32,725 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of United Airlines by 10.3% during the 3rd quarter. Captrust Financial Advisors now owns 16,104 shares of the transportation company’s stock worth $919,000 after buying an additional 1,499 shares in the last quarter. Quantinno Capital Management LP grew its position in shares of United Airlines by 187.1% during the 3rd quarter. Quantinno Capital Management LP now owns 103,049 shares of the transportation company’s stock worth $5,880,000 after buying an additional 67,150 shares during the period. Stifel Financial Corp increased its stake in shares of United Airlines by 0.5% in the 3rd quarter. Stifel Financial Corp now owns 107,510 shares of the transportation company’s stock valued at $6,135,000 after acquiring an additional 509 shares in the last quarter. Finally, State Street Corp lifted its position in shares of United Airlines by 0.8% during the 3rd quarter. State Street Corp now owns 10,320,253 shares of the transportation company’s stock valued at $588,874,000 after acquiring an additional 78,470 shares during the period. Institutional investors own 69.69% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently commented on UAL. Jefferies Financial Group reduced their target price on United Airlines from $154.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday. Raymond James downgraded shares of United Airlines from an “outperform” rating to a “market perform” rating in a report on Wednesday. Bank of America lowered their price objective on shares of United Airlines from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday. Morgan Stanley increased their target price on shares of United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Finally, TD Cowen lifted their price target on shares of United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Three research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $111.08.
United Airlines Price Performance
Shares of NASDAQ:UAL opened at $57.67 on Friday. The company has a 50 day moving average of $89.38 and a 200 day moving average of $86.73. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The stock has a market cap of $18.88 billion, a P/E ratio of 6.12, a P/E/G ratio of 0.67 and a beta of 1.19. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, topping the consensus estimate of $2.96 by $0.30. The firm had revenue of $14.70 billion for the quarter, compared to analysts’ expectations of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.00 earnings per share. As a group, sell-side analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.
United Airlines Company Profile
United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.
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