Sanctuary Advisors LLC Grows Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Sanctuary Advisors LLC grew its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 49.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,801 shares of the transportation company's stock after purchasing an additional 8,913 shares during the period. Sanctuary Advisors LLC's holdings in United Airlines were worth $2,602,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its position in United Airlines by 108.6% during the 3rd quarter. Blue Trust Inc. now owns 753 shares of the transportation company's stock valued at $43,000 after purchasing an additional 392 shares during the period. Signaturefd LLC increased its holdings in shares of United Airlines by 25.8% during the 3rd quarter. Signaturefd LLC now owns 6,265 shares of the transportation company's stock valued at $357,000 after acquiring an additional 1,283 shares during the last quarter. International Assets Investment Management LLC grew its holdings in United Airlines by 2,351.1% in the 3rd quarter. International Assets Investment Management LLC now owns 91,524 shares of the transportation company's stock valued at $5,222,000 after buying an additional 87,790 shares during the last quarter. Global Trust Asset Management LLC acquired a new stake in shares of United Airlines during the 3rd quarter valued at about $29,000. Finally, Cromwell Holdings LLC grew its position in United Airlines by 31.4% during the 3rd quarter. Cromwell Holdings LLC now owns 930 shares of the transportation company's stock worth $53,000 after acquiring an additional 222 shares during the last quarter. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on UAL shares. Raymond James reaffirmed an "outperform" rating and set a $130.00 price objective (up from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price target on shares of United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a research note on Thursday, January 9th. Susquehanna reaffirmed a "hold" rating on shares of United Airlines in a research note on Tuesday. Barclays raised their target price on United Airlines from $75.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, November 14th. Finally, Melius Research upgraded shares of United Airlines to a "strong-buy" rating in a report on Monday, December 2nd. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $113.88.

United Airlines Price Performance

Shares of UAL stock traded up $1.30 during trading on Wednesday, hitting $97.88. The company had a trading volume of 2,182,390 shares, compared to its average volume of 6,466,499. The stock's 50-day moving average price is $103.02 and its 200 day moving average price is $80.79. The firm has a market capitalization of $32.19 billion, a P/E ratio of 10.37, a price-to-earnings-growth ratio of 0.67 and a beta of 1.43. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81.

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, topping analysts' consensus estimates of $2.96 by $0.30. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The firm had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same period in the previous year, the company posted $2.00 EPS. The company's revenue for the quarter was up 7.8% on a year-over-year basis. Equities analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS 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.