45,800 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Bought by APG Asset Management N.V.

APG Asset Management N.V. bought a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 45,800 shares of the transportation company's stock, valued at approximately $4,295,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Moody National Bank Trust Division increased its position in shares of United Airlines by 2.1% during 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 during the last quarter. Diversify Advisory Services LLC increased its position in shares of United Airlines by 2.2% during the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company's stock valued at $508,000 after purchasing an additional 101 shares during the last quarter. Metis Global Partners LLC raised its stake in shares of United Airlines by 2.0% during the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company's stock worth $631,000 after purchasing an additional 129 shares during the period. Hemington Wealth Management boosted its holdings in shares of United Airlines by 70.8% in 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 grew its position in United Airlines by 60.3% during the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after buying an additional 135 shares during the period. Hedge funds and other institutional investors own 69.69% of the company's stock.

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Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UAL. UBS Group downgraded shares of United Airlines from a "buy" rating to a "neutral" rating and reduced their target price for the company from $107.00 to $59.00 in a research report on Monday, April 7th. Bank of America reduced their price target on United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Susquehanna lowered their target price on shares of United Airlines from $130.00 to $90.00 and set a "positive" rating on the stock in a research note on Monday, April 7th. Barclays dropped their price target on United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Finally, JPMorgan Chase & Co. increased their price objective on United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a research report on Thursday, January 9th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $102.01.

United Airlines Stock Up 2.0 %

Shares of UAL traded up $1.31 during mid-day trading on Tuesday, reaching $67.00. The company had a trading volume of 12,701,500 shares, compared to its average volume of 7,977,233. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The company has a market capitalization of $21.93 billion, a price-to-earnings ratio of 7.10, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. The firm has a 50-day moving average price of $82.35 and a 200 day moving average price of $87.47.

United Airlines (NASDAQ:UAL - Get Free Report) last released its earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.90 by $0.01. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. On average, sell-side analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

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.