Amalgamated Bank Sells 1,530 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Amalgamated Bank lessened its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 63,005 shares of the transportation company’s stock after selling 1,530 shares during the period. Amalgamated Bank’s holdings in United Airlines were worth $6,118,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp boosted 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 last quarter. Charles Schwab Investment Management Inc. lifted its position in United Airlines by 41.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company’s stock valued at $177,604,000 after purchasing an additional 908,558 shares during the last quarter. MidWestOne Financial Group Inc. lifted its position in United Airlines by 28.0% during the third quarter. MidWestOne Financial Group Inc. now owns 53,704 shares of the transportation company’s stock valued at $3,064,000 after purchasing an additional 11,743 shares during the last quarter. KBC Group NV purchased a new position in United Airlines in the 4th quarter worth approximately $485,000. Finally, Aigen Investment Management LP increased its holdings in shares of United Airlines by 87.2% in the 3rd quarter. Aigen Investment Management LP now owns 18,912 shares of the transportation company’s stock worth $1,079,000 after buying an additional 8,808 shares during the last quarter. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

United Airlines Trading Up 0.8 %

NASDAQ:UAL opened at $97.40 on Thursday. The firm has a market capitalization of $32.03 billion, a P/E ratio of 10.33, a P/E/G ratio of 0.67 and a beta of 1.43. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. The company has a fifty day moving average of $103.14 and a 200 day moving average of $80.90.

United Airlines (NASDAQ:UAL) last posted its earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $0.30. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same period in the prior year, the business posted $2.00 earnings per share. United Airlines’s revenue for the quarter was up 7.8% on a year-over-year basis. On average, research analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on UAL shares. Citigroup lifted their price objective on shares of United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Susquehanna reiterated a “hold” rating on shares of United Airlines in a report on Tuesday. Dbs Bank upgraded United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. The Goldman Sachs Group restated a “buy” rating and issued a $119.00 target price on shares of United Airlines in a research report on Friday, November 15th. Finally, Raymond James reiterated an “outperform” rating and set a $130.00 price target (up from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $113.88.

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.