Quinn Opportunity Partners LLC Has $534,000 Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Quinn Opportunity Partners LLC lowered its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 63.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,500 shares of the transportation company's stock after selling 9,500 shares during the period. Quinn Opportunity Partners LLC's holdings in United Airlines were worth $534,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UAL. Bank of Jackson Hole Trust bought a new position in United Airlines in the 4th quarter valued at $25,000. Hemington Wealth Management boosted its stake in 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 buying an additional 131 shares in the last quarter. Roxbury Financial LLC bought a new stake in United Airlines in the fourth quarter worth $32,000. Whipplewood Advisors LLC bought a new stake in shares of United Airlines in the 4th quarter valued at about $32,000. Finally, Bell Investment Advisors Inc boosted its stake 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 valued at $35,000 after purchasing an additional 135 shares during the period. 69.69% of the stock is currently owned by institutional investors.

United Airlines Price Performance

Shares of NASDAQ UAL traded up $1.31 during trading on Tuesday, hitting $67.00. 12,701,500 shares of the company were exchanged, compared to its average volume of 7,977,233. The company has a market cap of $21.93 billion, a price-to-earnings ratio of 7.10, a PEG ratio of 0.67 and a beta of 1.19. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The firm's fifty day moving average price is $82.35 and its 200 day moving average price is $87.47.

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United Airlines (NASDAQ:UAL - Get Free Report) last announced its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.01. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. On average, sell-side analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on UAL shares. Morgan Stanley lifted their price objective on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Bank of America decreased their target price on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research note on Thursday, April 3rd. JPMorgan Chase & Co. lifted their price objective on United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a research note on Thursday, January 9th. Barclays reduced their price objective on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, Evercore ISI reduced their price target on shares of United Airlines from $145.00 to $100.00 and set an "outperform" rating for the company in a research report on Friday. Three equities research 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 data from MarketBeat, United Airlines currently has a consensus rating of "Moderate Buy" and a consensus price target of $102.01.

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.