LSV Asset Management Has $258.46 Million Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

LSV Asset Management cut its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 9.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,661,746 shares of the transportation company's stock after selling 277,400 shares during the period. LSV Asset Management owned about 0.81% of United Airlines worth $258,456,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new stake in United Airlines during the 4th quarter worth $25,000. Hemington Wealth Management increased its holdings in shares of United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Roxbury Financial LLC acquired a new position in shares of United Airlines in the 4th quarter valued at approximately $32,000. Whipplewood Advisors LLC bought a new position in United Airlines in the fourth quarter valued at approximately $32,000. Finally, Bell Investment Advisors Inc raised its holdings in shares of United Airlines by 60.3% during the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after acquiring an additional 135 shares during the period. 69.69% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

UAL has been the subject of a number of research reports. Susquehanna decreased their price objective on United Airlines from $130.00 to $90.00 and set a "positive" rating for the company in a report on Monday, April 7th. Morgan Stanley raised their target price on shares of United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. UBS Group cut United Airlines from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $107.00 to $59.00 in a report on Monday, April 7th. JPMorgan Chase & Co. boosted their price target on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research report on Thursday, January 9th. Finally, Bank of America dropped their price target on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $102.01.

United Airlines Price Performance

Shares of NASDAQ UAL traded up $1.52 during mid-day trading on Tuesday, reaching $67.21. The company had a trading volume of 5,115,886 shares, compared to its average volume of 7,956,443. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The business's 50-day simple moving average is $82.35 and its 200 day simple moving average is $87.47. 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 firm has a market cap of $22.00 billion, a price-to-earnings ratio of 7.13, a PEG ratio of 0.67 and a beta of 1.19.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating the consensus estimate of $2.96 by $0.30. The company had revenue of $14.70 billion during the quarter, compared to analysts' expectations of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.00 EPS. On average, research analysts predict 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.