Schroder Investment Management Group Has $6.54 Million Stock Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Schroder Investment Management Group trimmed its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 66,575 shares of the transportation company's stock after selling 4,660 shares during the quarter. Schroder Investment Management Group's holdings in United Airlines were worth $6,538,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Proficio Capital Partners LLC bought a new stake in shares of United Airlines during the 4th quarter valued at about $137,000. State Street Corp raised its position in shares of United Airlines by 0.8% during 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. Longbow Finance SA bought a new stake in shares of United Airlines in the 4th quarter worth approximately $9,359,000. MidWestOne Financial Group Inc. boosted its position in United Airlines by 28.0% during the 3rd quarter. MidWestOne Financial Group Inc. now owns 53,704 shares of the transportation company's stock valued at $3,064,000 after purchasing an additional 11,743 shares during the period. Finally, KBC Group NV bought a new position in United Airlines during the 4th quarter worth $485,000. Institutional investors and hedge funds own 69.69% of the company's stock.

United Airlines Price Performance

Shares of NASDAQ UAL traded down $2.56 during mid-day trading on Friday, reaching $57.67. The company had a trading volume of 18,018,345 shares, compared to its average volume of 7,824,470. The company has a 50-day moving average price of $89.38 and a two-hundred day moving average price of $86.97. The stock has a market cap of $18.88 billion, a PE ratio of 6.12, a P/E/G ratio of 0.67 and a beta of 1.19. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00.

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United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share 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 for the quarter, compared to analysts' expectations of $14.40 billion. During the same quarter last year, the business posted $2.00 EPS. United Airlines's revenue was up 7.8% on a year-over-year basis. On average, equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on UAL shares. JPMorgan Chase & Co. boosted their price target on shares of United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a report on Thursday, January 9th. Jefferies Financial Group cut their price objective on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. TD Cowen raised their target price on shares of United Airlines from $142.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Susquehanna reaffirmed a "hold" rating on shares of United Airlines in a research note on Tuesday, February 25th. Finally, Raymond James lowered shares of United Airlines from an "outperform" rating to a "market perform" rating in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, United Airlines has an average rating of "Moderate Buy" and a consensus target price of $111.08.

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.