Boothbay Fund Management LLC Grows Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Boothbay Fund Management LLC boosted its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 661.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,249 shares of the transportation company's stock after acquiring an additional 57,549 shares during the period. Boothbay Fund Management LLC's holdings in United Airlines were worth $6,433,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of UAL. Vanguard Group Inc. lifted its holdings in shares of United Airlines by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 36,547,863 shares of the transportation company's stock valued at $3,548,797,000 after purchasing an additional 369,500 shares during the last quarter. Capital International Investors increased its position in United Airlines by 6.3% during the 4th quarter. Capital International Investors now owns 21,261,443 shares of the transportation company's stock valued at $2,064,825,000 after buying an additional 1,257,443 shares in the last quarter. Sanders Capital LLC raised its stake in United Airlines by 46.4% during the fourth quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock valued at $1,344,671,000 after buying an additional 4,390,721 shares during the last quarter. Capital World Investors boosted its holdings in United Airlines by 22.4% in the fourth quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock worth $950,461,000 after acquiring an additional 1,791,654 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of United Airlines by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 8,554,755 shares of the transportation company's stock worth $840,533,000 after acquiring an additional 243,535 shares during the last quarter. Institutional investors own 69.69% of the company's stock.

United Airlines Stock Performance

UAL opened at $68.20 on Friday. The company's 50 day moving average is $75.55 and its 200 day moving average is $87.85. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The company has a market cap of $22.27 billion, a price-to-earnings ratio of 7.23, a PEG ratio of 0.67 and a beta of 1.19. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The firm had revenue of $13.21 billion during the quarter, compared to the consensus estimate of $13.47 billion. On average, equities research analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Jefferies Financial Group dropped their price target on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. JPMorgan Chase & Co. increased their price target on shares of United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a report on Thursday, January 9th. Evercore ISI reduced their price target on shares of United Airlines from $145.00 to $100.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Morgan Stanley upped their price objective on United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Finally, Cantor Fitzgerald set a $88.00 target price on United Airlines in a report on Tuesday. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $96.60.

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.

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