Commonwealth of Pennsylvania Public School Empls Retrmt SYS Decreases Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 2.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 69,929 shares of the transportation company’s stock after selling 1,655 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in United Airlines were worth $6,790,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC acquired a new position in United Airlines during the fourth quarter worth approximately $137,000. State Street Corp increased its position in United Airlines by 0.8% during the third quarter. State Street Corp now owns 10,320,253 shares of the transportation company’s stock worth $588,874,000 after buying an additional 78,470 shares during the period. Longbow Finance SA acquired a new position in United Airlines during the fourth quarter worth approximately $9,359,000. Charles Schwab Investment Management Inc. increased 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 worth $177,604,000 after buying an additional 908,558 shares during the period. Finally, MidWestOne Financial Group Inc. increased 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 worth $3,064,000 after buying an additional 11,743 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Stock Up 1.1 %

United Airlines stock opened at $74.87 on Friday. The stock’s 50 day moving average price is $96.52 and its 200 day moving average price is $85.41. 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 company has a market cap of $24.51 billion, a PE ratio of 7.94, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00.

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

Analyst Ratings Changes

Several research firms have commented on UAL. Citigroup lifted their price target on United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. JPMorgan Chase & Co. boosted their target price on United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a report on Thursday, January 9th. Bank of America dropped their target price on United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. UBS Group dropped their target price on United Airlines from $140.00 to $107.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Barclays set a $140.00 target price on United Airlines and gave the company an “overweight” rating in a report on Wednesday, March 12th. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $112.75.

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.