Susquehanna Fundamental Investments LLC Invests $23.01 Million in United Airlines Holdings, Inc. (NASDAQ:UAL)

Susquehanna Fundamental Investments LLC bought a new position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 236,943 shares of the transportation company's stock, valued at approximately $23,007,000. Susquehanna Fundamental Investments LLC owned approximately 0.07% of United Airlines as of its most recent filing with the SEC.

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

United Airlines Price Performance

NASDAQ:UAL traded up $0.64 on Monday, reaching $68.84. 4,956,187 shares of the company's stock traded hands, compared to its average volume of 7,532,734. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. The stock has a 50-day simple moving average of $74.79 and a 200-day simple moving average of $88.09. The firm has a market cap of $22.48 billion, a PE ratio of 7.30, a P/E/G ratio of 0.67 and a beta of 1.19. 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 posted its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. The business had revenue of $13.21 billion for the quarter, compared to analysts' expectations of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. Equities research analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on UAL. Bank of America reduced their target price on United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a report on Thursday, April 3rd. Jefferies Financial Group reduced their target price on United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a report on Tuesday, April 1st. JPMorgan Chase & Co. lifted their target price on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a report on Thursday, January 9th. Cowen reissued a "buy" rating on shares of United Airlines in a report on Tuesday, April 22nd. Finally, Morgan Stanley lifted their target price on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $96.60.

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.