3,602 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Acquired by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC purchased a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 3,602 shares of the transportation company's stock, valued at approximately $350,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UAL. State Street Corp increased its stake in United Airlines by 0.8% during the third quarter. State Street Corp now owns 10,320,253 shares of the transportation company's stock worth $588,874,000 after acquiring an additional 78,470 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of United Airlines by 41.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company's stock worth $177,604,000 after purchasing an additional 908,558 shares during the period. MidWestOne Financial Group Inc. increased its position in shares of 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 last quarter. KBC Group NV purchased a new stake in United Airlines during the 4th quarter valued at $485,000. Finally, Aigen Investment Management LP lifted its position in United Airlines by 87.2% in the third quarter. Aigen Investment Management LP now owns 18,912 shares of the transportation company's stock worth $1,079,000 after buying an additional 8,808 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UAL has been the topic of several recent analyst reports. The Goldman Sachs Group reissued a "buy" rating and issued a $119.00 target price on shares of United Airlines in a research note on Friday, November 15th. UBS Group boosted their target price on United Airlines from $139.00 to $140.00 and gave the company a "buy" rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. raised their price target on shares of United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research note on Thursday, January 9th. Citigroup upped their target price on shares of United Airlines from $98.00 to $122.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Finally, TD Cowen lifted their price target 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. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, United Airlines presently has a consensus rating of "Buy" and an average price target of $113.88.

United Airlines Trading Down 5.4 %

United Airlines stock traded down $5.23 during trading on Thursday, reaching $92.17. 8,149,555 shares of the company were exchanged, compared to its average volume of 6,580,614. The stock's 50 day simple moving average is $103.14 and its two-hundred day simple moving average is $80.90. The company has a market capitalization of $30.31 billion, a P/E ratio of 9.77, a PEG ratio of 0.67 and a beta of 1.43. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. United Airlines Holdings, Inc. has a 52-week low of $37.02 and a 52-week high of $116.00.

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

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.