6,121 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Bought by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC purchased a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 6,121 shares of the transportation company's stock, valued at approximately $594,000.

Several other institutional investors have also added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of United Airlines by 0.8% in the 3rd quarter. State Street Corp now owns 10,320,253 shares of the transportation company's stock worth $588,874,000 after purchasing an additional 78,470 shares during the period. Sanders Capital LLC boosted its holdings in shares of United Airlines by 12.4% in the 3rd quarter. Sanders Capital LLC now owns 9,457,587 shares of the transportation company's stock worth $539,650,000 after purchasing an additional 1,040,589 shares during the period. Geode Capital Management LLC boosted its holdings in shares of United Airlines by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 8,311,220 shares of the transportation company's stock worth $477,526,000 after purchasing an additional 168,498 shares during the period. Castle Hook Partners LP boosted its holdings in shares of United Airlines by 176.1% in the 3rd quarter. Castle Hook Partners LP now owns 4,245,120 shares of the transportation company's stock worth $242,227,000 after purchasing an additional 2,707,442 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of United Airlines by 41.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company's stock worth $177,604,000 after purchasing an additional 908,558 shares during the period. Hedge funds and other institutional investors own 69.69% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Citigroup lifted their target price on United Airlines from $98.00 to $122.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. The Goldman Sachs Group reissued a "buy" rating and set a $119.00 price target on shares of United Airlines in a research note on Friday, November 15th. Dbs Bank raised United Airlines from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, November 26th. Melius Research raised United Airlines to a "strong-buy" rating in a research note on Monday, December 2nd. Finally, Morgan Stanley raised their price target on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $113.88.

United Airlines Stock Up 5.9 %

NASDAQ UAL traded up $5.06 on Wednesday, reaching $91.27. 8,826,275 shares of the stock traded hands, compared to its average volume of 7,507,483. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The company has a fifty day moving average price of $102.34 and a 200-day moving average price of $82.64. The company has a market cap of $30.02 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 0.67 and a beta of 1.43. 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 released 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. The firm had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.00 EPS. As a group, research analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

About United Airlines

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.