United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC boosted its position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 2.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,554,755 shares of the transportation company's stock after acquiring an additional 243,535 shares during the period. Geode Capital Management LLC owned about 2.60% of United Airlines worth $840,533,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Public Sector Pension Investment Board boosted its stake in United Airlines by 2.9% in the 3rd quarter. Public Sector Pension Investment Board now owns 57,322 shares of the transportation company's stock worth $3,271,000 after buying an additional 1,600 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in United Airlines by 16.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 233,464 shares of the transportation company's stock valued at $13,321,000 after purchasing an additional 32,725 shares during the period. Captrust Financial Advisors grew its holdings in United Airlines by 10.3% in the third quarter. Captrust Financial Advisors now owns 16,104 shares of the transportation company's stock valued at $919,000 after purchasing an additional 1,499 shares during the period. Quantinno Capital Management LP raised its stake in United Airlines by 187.1% during the third quarter. Quantinno Capital Management LP now owns 103,049 shares of the transportation company's stock worth $5,880,000 after purchasing an additional 67,150 shares during the period. Finally, Stifel Financial Corp boosted its holdings in shares of United Airlines by 0.5% in the 3rd quarter. Stifel Financial Corp now owns 107,510 shares of the transportation company's stock valued at $6,135,000 after purchasing an additional 509 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

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United Airlines Stock Down 4.3 %

United Airlines stock traded down $2.56 during midday trading on Friday, hitting $57.67. The stock had a trading volume of 18,018,345 shares, compared to its average volume of 7,823,233. The business has a fifty day moving average price of $89.38 and a 200 day moving average price of $86.73. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00. The stock has a market cap of $18.88 billion, a P/E ratio of 6.12, a P/E/G ratio of 0.67 and a beta of 1.19. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share 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 the consensus estimate of $14.40 billion. During the same period in the previous year, the business earned $2.00 EPS. The business's quarterly revenue was up 7.8% on a year-over-year basis. Research analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Analyst Ratings Changes

UAL has been the topic of several research reports. UBS Group cut their target price on United Airlines from $140.00 to $107.00 and set a "buy" rating on the stock in a research report on Thursday, March 20th. Barclays set a $140.00 price objective on United Airlines and gave the stock an "overweight" rating in a report on Wednesday, March 12th. JPMorgan Chase & Co. increased their target price on shares of United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research report on Thursday, January 9th. Jefferies Financial Group dropped their target price on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research report on Tuesday. Finally, Susquehanna reaffirmed a "hold" rating on shares of United Airlines in a research report on Tuesday, February 25th. Three analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, United Airlines currently has an average rating of "Moderate Buy" and an average target price of $111.08.

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.