HighPoint Advisor Group LLC Increases Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

HighPoint Advisor Group LLC grew its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 621.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,663 shares of the transportation company's stock after buying an additional 28,136 shares during the period. HighPoint Advisor Group LLC's holdings in United Airlines were worth $3,374,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerity Partners LLC boosted its holdings in shares of United Airlines by 111.9% during the 3rd quarter. Cerity Partners LLC now owns 49,581 shares of the transportation company's stock worth $2,829,000 after buying an additional 26,188 shares during the period. Public Sector Pension Investment Board lifted its holdings in United Airlines by 2.9% during the 3rd quarter. Public Sector Pension Investment Board now owns 57,322 shares of the transportation company's stock worth $3,271,000 after purchasing an additional 1,600 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in United Airlines by 16.3% in the 3rd 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. Rockefeller Capital Management L.P. grew its holdings in United Airlines by 1,394.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 374,503 shares of the transportation company's stock valued at $21,368,000 after buying an additional 349,441 shares in the last quarter. Finally, Captrust Financial Advisors increased its position in United Airlines by 10.3% during the 3rd quarter. Captrust Financial Advisors now owns 16,104 shares of the transportation company's stock worth $919,000 after buying an additional 1,499 shares during the period. 69.69% of the stock is currently owned by institutional investors.

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United Airlines Trading Up 4.6 %

Shares of NASDAQ:UAL traded up $3.17 on Wednesday, reaching $71.37. 8,178,285 shares of the company traded hands, compared to its average volume of 7,756,585. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00. 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 business's 50-day simple moving average is $91.91 and its 200 day simple moving average is $86.98. The stock has a market capitalization of $23.36 billion, a P/E ratio of 7.57, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating the consensus estimate of $2.96 by $0.30. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The firm had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the prior year, the firm posted $2.00 earnings per share. The company's quarterly revenue was up 7.8% compared to the same quarter last year. As a group, equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UAL has been the subject of a number of recent research reports. Bank of America reduced their target price on shares of United Airlines from $125.00 to $110.00 and set a "buy" rating for the company in a research report on Wednesday, March 12th. Raymond James lowered shares of United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday. Barclays set a $140.00 price target on shares of United Airlines and gave the company an "overweight" rating in a research report on Wednesday, March 12th. Morgan Stanley increased their price target on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Finally, Susquehanna restated a "hold" rating on shares of United Airlines in a research note on Tuesday, February 25th. Three analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $111.75.

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.