Susquehanna Advisors Group Inc. Buys New Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Susquehanna Advisors Group Inc. purchased a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,783,839 shares of the transportation company's stock, valued at approximately $173,211,000. United Airlines comprises approximately 5.1% of Susquehanna Advisors Group Inc.'s portfolio, making the stock its 2nd largest holding. Susquehanna Advisors Group Inc. owned about 0.54% of United Airlines as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Proficio Capital Partners LLC purchased a new position in United Airlines in the 4th quarter valued at $137,000. Longbow Finance SA acquired a new position in shares of United Airlines during the fourth quarter worth about $9,359,000. KBC Group NV purchased a new position in United Airlines during the fourth quarter worth about $485,000. Bleakley Financial Group LLC lifted its position in United Airlines by 293.7% in the fourth quarter. Bleakley Financial Group LLC now owns 23,458 shares of the transportation company's stock valued at $2,278,000 after purchasing an additional 17,499 shares during the period. Finally, Islay Capital Management LLC purchased a new stake in United Airlines in the 4th quarter valued at approximately $790,000. Hedge funds and other institutional investors own 69.69% of the company's stock.

United Airlines Stock Up 1.5 %

Shares of UAL traded up $1.02 during midday trading on Thursday, reaching $69.05. 7,006,337 shares of the company were exchanged, compared to its average volume of 7,553,603. The company has a market cap of $22.63 billion, a price-to-earnings ratio of 7.32, a P/E/G ratio of 0.67 and a beta of 1.19. The stock has a 50-day moving average price of $76.25 and a 200-day moving average price of $87.60. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00. 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 (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The firm had revenue of $13.21 billion for the quarter, compared to analysts' expectations of $13.47 billion. Research analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analysts Set New Price Targets

UAL has been the subject of several recent analyst reports. UBS Group raised their price target on United Airlines from $59.00 to $67.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Bank of America decreased their target price on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. TD Cowen increased their price target on shares of United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a report on Tuesday. Susquehanna decreased their price objective on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, Raymond James downgraded shares of United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. Three equities research 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 a consensus rating of "Moderate Buy" and an average target price of $97.14.

United Airlines 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.