TD Waterhouse Canada Inc. Increases Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

TD Waterhouse Canada Inc. boosted its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 450.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,939 shares of the transportation company's stock after buying an additional 6,496 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in United Airlines were worth $771,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Moody National Bank Trust Division lifted its holdings 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 buying an additional 98 shares in the last quarter. Diversify Advisory Services LLC boosted its stake in United Airlines by 2.2% in 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 boosted its position in shares of 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 purchasing an additional 129 shares in the last quarter. Hemington Wealth Management grew its stake in United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after buying an additional 131 shares during the last quarter. Finally, Bell Investment Advisors Inc increased its position 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 buying an additional 135 shares in the last quarter. Institutional investors own 69.69% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on UAL. Cantor Fitzgerald set a $88.00 price objective on shares of United Airlines in a research report on Tuesday, April 22nd. Morgan Stanley lifted their price objective on shares of United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. TD Cowen upped their target price on United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a research report on Tuesday, April 22nd. Evercore ISI reduced their target price on United Airlines from $145.00 to $100.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Finally, UBS Group increased their price objective on United Airlines from $59.00 to $67.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $96.60.

United Airlines Stock Performance

UAL stock traded down $0.85 during midday trading on Friday, hitting $68.20. 5,613,237 shares of the stock traded hands, compared to its average volume of 7,543,078. 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 1-year low of $37.02 and a 1-year high of $116.00. The stock's fifty day simple moving average is $75.55 and its 200-day simple moving average is $87.85. The firm has a market cap of $22.27 billion, a P/E ratio of 7.23, a PEG ratio of 0.67 and a beta of 1.19.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. The firm had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. On average, analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current 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.