Sei Investments Co. Sells 68,143 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Sei Investments Co. decreased its position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 21.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 246,445 shares of the transportation company's stock after selling 68,143 shares during the quarter. Sei Investments Co. owned about 0.07% of United Airlines worth $23,930,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in UAL. Moody National Bank Trust Division increased its holdings in shares of United Airlines by 2.1% during the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company's stock worth $470,000 after purchasing an additional 98 shares during the period. Diversify Advisory Services LLC lifted its position in shares of United Airlines by 2.2% during the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company's stock valued at $508,000 after acquiring an additional 101 shares during the period. Metis Global Partners LLC increased its position in shares of United Airlines by 2.0% in the fourth quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company's stock worth $631,000 after purchasing an additional 129 shares during the period. Hemington Wealth Management raised its stake in United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its position in United Airlines by 60.3% during the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after purchasing an additional 135 shares during the period. Institutional investors own 69.69% of the company's stock.

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United Airlines Trading Down 4.5 %

UAL traded down $3.30 during midday trading on Friday, hitting $70.23. 9,317,949 shares of the company were exchanged, compared to its average volume of 7,745,049. The firm has a market capitalization of $22.99 billion, a P/E ratio of 7.45, a P/E/G ratio of 0.67 and a beta of 1.41. The firm's 50 day moving average price is $93.52 and its 200-day moving average price is $86.72. The company has a quick ratio of 0.74, a current ratio of 0.81 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.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, topping the consensus estimate of $2.96 by $0.30. The company had revenue of $14.70 billion during the quarter, compared to analysts' expectations of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. United Airlines's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.00 earnings per share. As a group, equities analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Raymond James reaffirmed an "outperform" rating and set a $130.00 price target (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. Barclays set a $140.00 price target on United Airlines and gave the company an "overweight" rating in a research note on Wednesday, March 12th. JPMorgan Chase & Co. raised their price objective on United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a research note on Thursday, January 9th. UBS Group lowered their target price on United Airlines from $140.00 to $107.00 and set a "buy" rating for the company in a research note on Thursday, March 20th. Finally, Susquehanna reaffirmed a "hold" rating on shares of United Airlines in a report on Tuesday, February 25th. Two investment 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. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $112.75.

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.