United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Bought by Groupama Asset Managment

Groupama Asset Managment boosted its position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 876.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,224 shares of the transportation company's stock after acquiring an additional 10,074 shares during the quarter. Groupama Asset Managment's holdings in United Airlines were worth $1,102,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of United Airlines by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 36,547,863 shares of the transportation company's stock worth $3,548,797,000 after acquiring an additional 369,500 shares in the last quarter. State Street Corp boosted its holdings in United Airlines by 0.8% in the third quarter. State Street Corp now owns 10,320,253 shares of the transportation company's stock valued at $588,874,000 after purchasing an additional 78,470 shares in the last quarter. Geode Capital Management LLC increased its stake in 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 valued at $840,533,000 after purchasing an additional 243,535 shares during the last quarter. Boston Partners acquired a new stake in United Airlines during the fourth quarter worth approximately $323,508,000. Finally, Norges Bank purchased a new stake in shares of United Airlines during the 4th quarter worth approximately $170,732,000. Hedge funds and other institutional investors own 69.69% of the company's stock.

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Wall Street Analysts Forecast Growth

Several brokerages recently commented on UAL. Jefferies Financial Group cut 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. Morgan Stanley lifted their target price on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. 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. UBS Group dropped their price target on United Airlines from $140.00 to $107.00 and set a "buy" rating on the stock in a research note on Thursday, March 20th. Finally, Barclays set a $140.00 price objective on United Airlines and gave the company an "overweight" rating in a research note on Wednesday, March 12th. Three 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 company. According to data from MarketBeat.com, United Airlines presently has an average rating of "Moderate Buy" and an average price target of $111.08.

United Airlines Stock Performance

Shares of United Airlines stock traded down $2.56 on Friday, reaching $57.67. 18,018,345 shares of the stock were exchanged, compared to its average volume of 7,823,233. The firm has a market capitalization of $18.88 billion, a PE ratio of 6.12, a PEG ratio of 0.67 and a beta of 1.19. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00. The business has a fifty day moving average price of $89.38 and a two-hundred day moving average price of $86.73. 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 released its earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.96 by $0.30. The company had revenue of $14.70 billion for the quarter, compared to analysts' expectations of $14.40 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The firm's quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.00 EPS. As a group, research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal 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.