United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Purchased by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP increased its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 23.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,933 shares of the transportation company's stock after acquiring an additional 19,933 shares during the quarter. ExodusPoint Capital Management LP's holdings in United Airlines were worth $10,092,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of UAL. Bank of Jackson Hole Trust purchased a new stake in shares of United Airlines in the 4th quarter worth about $25,000. Hemington Wealth Management increased its holdings in shares of United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after purchasing an additional 131 shares in the last quarter. Roxbury Financial LLC purchased a new position in United Airlines in the 4th quarter worth about $32,000. Whipplewood Advisors LLC bought a new position in United Airlines during the fourth quarter valued at approximately $32,000. Finally, Bell Investment Advisors Inc boosted its stake in shares of United Airlines by 60.3% in the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after buying an additional 135 shares during the last quarter. Institutional investors own 69.69% of the company's stock.

United Airlines Stock Up 1.9 %

UAL stock traded up $1.10 during trading on Monday, reaching $58.77. 13,626,963 shares of the company traded hands, compared to its average volume of 7,847,649. The company has a market capitalization of $19.24 billion, a price-to-earnings ratio of 6.23, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. The business has a 50 day simple moving average of $88.42 and a 200 day simple moving average of $87.25. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81.

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

Wall Street Analyst Weigh In

UAL has been the topic of several recent research reports. Bank of America decreased their price target 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. Morgan Stanley lifted their price target on shares of United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Jefferies Financial Group reduced their price target on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research report on Tuesday, April 1st. UBS Group cut United Airlines from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $107.00 to $59.00 in a report on Monday. Finally, Susquehanna reduced their price objective on shares of United Airlines from $130.00 to $90.00 and set a "positive" rating on the stock in a research report on Monday. Three analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $105.21.

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.