United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP lessened its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 40.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,212 shares of the transportation company’s stock after selling 7,700 shares during the quarter. Aigen Investment Management LP’s holdings in United Airlines were worth $1,089,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new position in shares of United Airlines during the 4th quarter worth $25,000. Hemington Wealth Management raised its stake in shares of United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after buying an additional 131 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in shares of United Airlines during the 4th quarter worth $32,000. Roxbury Financial LLC acquired a new position in shares of United Airlines during the 4th quarter worth $32,000. Finally, Winch Advisory Services LLC acquired a new position in shares of United Airlines during the 4th quarter worth $38,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Stock Up 5.9 %

UAL opened at $91.27 on Thursday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The stock has a market capitalization of $29.88 billion, a price-to-earnings ratio of 9.68, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The business has a 50-day moving average of $102.34 and a two-hundred day moving average of $82.64. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00.

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

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Citigroup boosted their target price on shares of United Airlines from $98.00 to $122.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 target price on shares of United Airlines in a research note on Friday, November 15th. JPMorgan Chase & Co. boosted their target price on shares of United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. Morgan Stanley boosted their target price on shares of United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Finally, Barclays boosted their target price on shares of United Airlines from $75.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, United Airlines currently has an average 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.