United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Acquired by TCW Group Inc.

TCW Group Inc. lifted its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 18.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,562 shares of the transportation company's stock after acquiring an additional 8,314 shares during the quarter. TCW Group Inc.'s holdings in United Airlines were worth $5,104,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of UAL. First Horizon Advisors Inc. raised its position in shares of United Airlines by 2,276.5% in the 4th quarter. First Horizon Advisors Inc. now owns 808 shares of the transportation company's stock valued at $78,000 after purchasing an additional 774 shares in the last quarter. Navellier & Associates Inc. acquired a new stake in shares of United Airlines during the fourth quarter worth approximately $5,772,000. Peregrine Asset Advisers Inc. bought a new stake in shares of United Airlines in the fourth quarter worth $478,000. Transcend Capital Advisors LLC acquired a new stake in United Airlines in the fourth quarter valued at $350,000. Finally, FDx Advisors Inc. bought a new position in United Airlines during the 4th quarter valued at $262,000. Institutional investors and hedge funds own 69.69% of the company's stock.

United Airlines Stock Performance

United Airlines stock traded down $5.23 during midday trading on Thursday, reaching $92.17. 8,149,555 shares of the stock traded hands, compared to its average volume of 6,580,614. The firm has a fifty day moving average price of $103.14 and a two-hundred day moving average price of $80.90. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The firm has a market cap of $30.31 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 0.67 and a beta of 1.43. 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 issued its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.96 by $0.30. The business 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 prior year, the company posted $2.00 EPS. On average, equities research analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UAL. Melius Research raised shares of United Airlines to a "strong-buy" rating in a research report on Monday, December 2nd. Citigroup boosted their price objective on United Airlines from $98.00 to $122.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Dbs Bank raised United Airlines from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 26th. Morgan Stanley boosted their price target on United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. raised their price objective on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research note on Thursday, January 9th. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $113.88.

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.