Royal London Asset Management Ltd. Has $682,000 Stock Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Royal London Asset Management Ltd. boosted its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 105.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,028 shares of the transportation company's stock after acquiring an additional 3,608 shares during the period. Royal London Asset Management Ltd.'s holdings in United Airlines were worth $682,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Quest Partners LLC raised its stake in United Airlines by 268.7% during the 3rd quarter. Quest Partners LLC now owns 2,791 shares of the transportation company's stock valued at $159,000 after purchasing an additional 2,034 shares during the last quarter. Commerce Bank grew its position in United Airlines by 1.1% during the third quarter. Commerce Bank now owns 17,620 shares of the transportation company's stock worth $1,005,000 after buying an additional 196 shares in the last quarter. Cerity Partners LLC increased its stake in United Airlines by 111.9% during the third quarter. Cerity Partners LLC now owns 49,581 shares of the transportation company's stock valued at $2,829,000 after acquiring an additional 26,188 shares during the period. Centaurus Financial Inc. increased its stake in United Airlines by 33.0% during the third quarter. Centaurus Financial Inc. now owns 6,188 shares of the transportation company's stock valued at $353,000 after acquiring an additional 1,534 shares during the period. Finally, Daiwa Securities Group Inc. raised its holdings in United Airlines by 8.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 20,022 shares of the transportation company's stock valued at $1,142,000 after acquiring an additional 1,563 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

UAL has been the topic of a number of recent research reports. UBS Group lowered their price target on shares of United Airlines from $140.00 to $107.00 and set a "buy" rating on the stock in a report on Thursday, March 20th. TD Cowen increased their price target on shares of United Airlines from $142.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Barclays set a $140.00 price objective on United Airlines and gave the company an "overweight" rating in a report on Wednesday, March 12th. Bank of America dropped their target price on United Airlines from $125.00 to $110.00 and set a "buy" rating for the company in a report on Wednesday, March 12th. Finally, Morgan Stanley boosted their price target on United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a research note on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $112.75.

United Airlines Trading Down 1.6 %

United Airlines stock traded down $1.32 during mid-day trading on Tuesday, hitting $78.90. The stock had a trading volume of 7,806,150 shares, compared to its average volume of 7,658,822. The stock has a 50-day simple moving average of $96.04 and a two-hundred day simple moving average of $85.95. 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 stock has a market capitalization of $25.83 billion, a PE ratio of 8.37, a P/E/G ratio of 0.67 and a beta of 1.41. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping 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 company had revenue of $14.70 billion during the quarter, compared to analysts' expectations of $14.40 billion. During the same quarter in the previous year, the company earned $2.00 EPS. United Airlines's revenue was up 7.8% on a year-over-year basis. As a group, sell-side analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current 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.