Mariner LLC grew its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 9.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,504 shares of the transportation company's stock after buying an additional 3,923 shares during the period. Mariner LLC's holdings in United Airlines were worth $4,613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of United Airlines by 1.0% in the 4th 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. Sanders Capital LLC increased its position 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 worth $1,344,671,000 after buying an additional 4,390,721 shares during the period. Geode Capital Management LLC lifted 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 buying an additional 243,535 shares during the last quarter. FMR LLC boosted its holdings in shares of United Airlines by 70.9% in the fourth quarter. FMR LLC now owns 7,268,775 shares of the transportation company's stock valued at $705,798,000 after acquiring an additional 3,015,979 shares during the period. Finally, Boston Partners purchased a new position in shares of United Airlines during the fourth quarter worth approximately $323,508,000. Hedge funds and other institutional investors own 69.69% of the company's stock.
Analyst Ratings Changes
A number of brokerages recently weighed in on UAL. JPMorgan Chase & Co. increased their price target on shares of United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research note on Thursday, January 9th. Barclays lowered their price target on United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Susquehanna reduced their price objective on United Airlines from $90.00 to $81.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Jefferies Financial Group lowered their target price on United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. Finally, Raymond James lowered shares of United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $97.14.
Read Our Latest Analysis on UAL
United Airlines Price Performance
Shares of UAL stock traded up $1.04 during trading hours on Thursday, hitting $69.07. The company's stock had a trading volume of 6,148,424 shares, compared to its average volume of 7,563,147. 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 has a fifty day moving average of $76.95 and a 200-day moving average of $87.53. United Airlines Holdings, Inc. has a twelve month low of $37.02 and a twelve month high of $116.00. The stock has a market cap of $22.63 billion, a price-to-earnings ratio of 7.32, a P/E/G ratio of 0.67 and a beta of 1.19.
United Airlines (NASDAQ:UAL - Get Free Report) last announced its earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The firm had revenue of $13.21 billion for the quarter, compared to analysts' expectations of $13.47 billion. As a group, equities research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.
United Airlines Profile
(
Free Report)
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.
Featured Articles
Before you consider United Airlines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Airlines wasn't on the list.
While United Airlines currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
