United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC decreased its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 10.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,930 shares of the transportation company’s stock after selling 1,057 shares during the period. Great Lakes Advisors LLC’s holdings in United Airlines were worth $867,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of United Airlines by 6.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 35,901 shares of the transportation company’s stock valued at $2,049,000 after acquiring an additional 2,065 shares in the last quarter. Huntington National Bank lifted its position in shares of United Airlines by 10.8% in the third quarter. Huntington National Bank now owns 1,321 shares of the transportation company’s stock valued at $75,000 after acquiring an additional 129 shares in the last quarter. CIBC Asset Management Inc lifted its position in shares of United Airlines by 8.5% in the third quarter. CIBC Asset Management Inc now owns 47,956 shares of the transportation company’s stock valued at $2,736,000 after acquiring an additional 3,748 shares in the last quarter. Sheaff Brock Investment Advisors LLC purchased a new stake in shares of United Airlines in the third quarter valued at $217,000. Finally, Empirical Finance LLC lifted its position in shares of United Airlines by 1.2% in the third quarter. Empirical Finance LLC now owns 22,128 shares of the transportation company’s stock valued at $1,263,000 after acquiring an additional 262 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analysts Set New Price Targets

UAL has been the topic of several recent analyst reports. Raymond James reiterated an “outperform” rating and set a $130.00 target price (up from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. UBS Group increased their target price on United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. increased their target price on United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Morgan Stanley increased their target price on United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Finally, Melius Research upgraded United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, United Airlines has an average rating of “Buy” and an average target price of $114.95.

United Airlines Price Performance

UAL stock opened at $73.67 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The firm has a market cap of $24.12 billion, a P/E ratio of 7.81, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The stock has a 50-day simple moving average of $99.44 and a 200-day simple moving average of $84.34.

United Airlines (NASDAQ:UAL) last posted its earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $14.40 billion. During the same quarter last year, the firm earned $2.00 earnings per share. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, equities analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

United Airlines 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.