United Airlines Holdings, Inc. (NASDAQ:UAL) Position Raised by Anomaly Capital Management LP

Anomaly Capital Management LP increased its stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 63.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 625,116 shares of the transportation company's stock after acquiring an additional 243,046 shares during the period. United Airlines makes up about 1.8% of Anomaly Capital Management LP's holdings, making the stock its 22nd largest holding. Anomaly Capital Management LP owned about 0.19% of United Airlines worth $60,699,000 as of its most recent filing with the Securities and Exchange Commission.

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

United Airlines Price Performance

Shares of United Airlines stock traded up $1.02 during trading on Thursday, reaching $69.05. The company's stock had a trading volume of 7,006,337 shares, compared to its average volume of 7,553,603. 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 12-month low of $37.02 and a 12-month high of $116.00. The company has a market capitalization of $22.63 billion, a P/E ratio of 7.32, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. The business has a 50 day moving average price of $76.25 and a 200-day moving average price of $87.60.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $13.21 billion for the quarter, compared to the consensus estimate of $13.47 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. As a group, sell-side analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on UAL shares. TD Cowen lifted their price target on shares of United Airlines from $73.00 to $88.00 and gave the stock a "buy" rating in a research note on Tuesday. Bank of America decreased their target price on United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Barclays cut their price target on United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Raymond James downgraded United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. Finally, Susquehanna reduced their price target on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $97.14.

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.