United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. lowered its stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 17.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 473,217 shares of the transportation company's stock after selling 96,964 shares during the period. Alliancebernstein L.P. owned about 0.14% of United Airlines worth $45,949,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in UAL. Moody National Bank Trust Division raised its holdings in United Airlines by 2.1% in the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company's stock valued at $470,000 after acquiring an additional 98 shares in the last quarter. Diversify Advisory Services LLC grew its stake in shares of United Airlines by 2.2% during the fourth quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company's stock worth $508,000 after purchasing an additional 101 shares in the last quarter. Metis Global Partners LLC raised its stake in United Airlines by 2.0% in the fourth quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company's stock valued at $631,000 after buying an additional 129 shares in the last quarter. Hemington Wealth Management lifted its holdings in 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. Finally, Bell Investment Advisors Inc increased its holdings in shares of United Airlines by 60.3% in the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after acquiring an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company's stock.

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United Airlines Price Performance

UAL stock traded up $1.10 on Monday, reaching $58.77. 13,626,963 shares of the company's stock were exchanged, compared to its average volume of 7,847,649. The stock has a fifty day moving average of $89.38 and a 200-day moving average of $87.21. 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 firm has a market cap of $19.24 billion, a PE ratio of 6.23, a P/E/G ratio of 0.67 and a beta of 1.19. United Airlines Holdings, Inc. has a twelve month low of $37.02 and a twelve month high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping the consensus estimate of $2.96 by $0.30. The business had revenue of $14.70 billion for the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The company's quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.00 EPS. As a group, equities analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Raymond James downgraded shares of United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. JPMorgan Chase & Co. upped their price objective 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. Susquehanna dropped their price objective on United Airlines from $130.00 to $90.00 and set a "positive" rating on the stock in a report on Monday. 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 report on Tuesday, April 1st. Finally, Barclays set a $140.00 price target on United Airlines and gave the stock an "overweight" rating in a research note on Wednesday, March 12th. Three equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, United Airlines presently has an average rating of "Moderate Buy" and a consensus target price of $105.21.

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.