16,629 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. bought a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 16,629 shares of the transportation company's stock, valued at approximately $1,615,000.

Other institutional investors have also made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in shares of United Airlines during the fourth quarter valued at about $25,000. Hemington Wealth Management boosted its stake in United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $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 about $32,000. Whipplewood Advisors LLC bought a new stake in United Airlines in the fourth quarter worth about $32,000. Finally, Winch Advisory Services LLC bought a new position in shares of United Airlines during the 4th quarter valued at about $38,000. 69.69% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UAL has been the subject of a number of recent research reports. Citigroup increased their price objective on United Airlines from $98.00 to $122.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Susquehanna reissued a "hold" rating on shares of United Airlines in a research report on Tuesday, February 25th. Raymond James restated an "outperform" rating and issued a $130.00 price target (up previously from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. Dbs Bank upgraded shares of United Airlines from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 26th. Finally, Barclays increased their target price on United Airlines from $75.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $113.88.

United Airlines Trading Up 5.9 %

Shares of United Airlines stock traded up $5.06 on Wednesday, hitting $91.27. 8,826,275 shares of the company's stock traded hands, compared to its average volume of 7,507,479. 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 current ratio of 0.81 and a quick ratio of 0.74. The stock has a market capitalization of $30.02 billion, a PE ratio of 9.68, a price-to-earnings-growth ratio of 0.67 and a beta of 1.43. The firm's 50-day moving average price is $102.54 and its two-hundred day moving average price is $82.58.

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