United Airlines Holdings, Inc. (NASDAQ:UAL) is U S Global Investors Inc.'s Largest Position

U S Global Investors Inc. decreased its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 41.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,197,794 shares of the transportation company's stock after selling 858,072 shares during the period. United Airlines comprises approximately 11.5% of U S Global Investors Inc.'s investment portfolio, making the stock its biggest holding. U S Global Investors Inc. owned approximately 0.36% of United Airlines worth $116,306,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of UAL. Bank of Jackson Hole Trust bought a new position in United Airlines in the 4th quarter valued at approximately $25,000. Hemington Wealth Management raised its position in shares of United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after purchasing an additional 131 shares during the period. Whipplewood Advisors LLC bought a new position in shares of United Airlines in the fourth quarter valued at $32,000. Roxbury Financial LLC bought a new stake in United Airlines during the fourth quarter worth $32,000. Finally, Winch Advisory Services LLC purchased a new position in United Airlines in the fourth quarter worth $38,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Price Performance

UAL traded down $5.46 during trading on Tuesday, reaching $86.21. The company's stock had a trading volume of 14,199,548 shares, compared to its average volume of 7,508,906. The firm has a fifty day simple moving average of $102.84 and a two-hundred day simple moving average of $82.27. The company has a market cap of $28.35 billion, a price-to-earnings ratio of 9.14, a PEG ratio of 0.67 and a beta of 1.43. 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 1 year low of $37.02 and a 1 year high of $116.00.

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

Analysts Set New Price Targets

Several equities research analysts have issued reports on UAL shares. JPMorgan Chase & Co. increased their target price on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research report on Thursday, January 9th. TD Cowen boosted their price target on United Airlines from $142.00 to $165.00 and gave the company a "buy" rating in a report on Friday, January 24th. Dbs Bank upgraded United Airlines from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 26th. Citigroup increased their target price on United Airlines from $98.00 to $122.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Finally, Melius Research raised shares of United Airlines to a "strong-buy" rating in a report on Monday, December 2nd. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $113.88.

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.