United Airlines Holdings, Inc. (NASDAQ:UAL) Stock Holdings Decreased by Wolf Hill Capital Management LP

Wolf Hill Capital Management LP decreased its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 65.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 818,506 shares of the transportation company's stock after selling 1,531,494 shares during the period. United Airlines makes up approximately 5.7% of Wolf Hill Capital Management LP's investment portfolio, making the stock its 5th largest position. Wolf Hill Capital Management LP owned about 0.25% of United Airlines worth $79,477,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of UAL. Wilmington Savings Fund Society FSB purchased a new stake in shares of United Airlines in the third quarter valued at about $129,000. Franklin Resources Inc. lifted its holdings in United Airlines by 214.7% in the third quarter. Franklin Resources Inc. now owns 202,552 shares of the transportation company's stock valued at $11,558,000 after acquiring an additional 138,191 shares during the last quarter. Principal Financial Group Inc. grew its position in United Airlines by 3.2% in the third quarter. Principal Financial Group Inc. now owns 378,214 shares of the transportation company's stock worth $21,581,000 after acquiring an additional 11,601 shares during the period. Versant Capital Management Inc raised its position in United Airlines by 98.4% in the fourth quarter. Versant Capital Management Inc now owns 1,345 shares of the transportation company's stock valued at $131,000 after purchasing an additional 667 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of United Airlines by 23.5% in the 4th quarter. GAMMA Investing LLC now owns 4,922 shares of the transportation company's stock valued at $478,000 after purchasing an additional 937 shares during the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Up 1.5 %

NASDAQ:UAL traded up $1.02 during midday trading on Thursday, hitting $69.05. 7,006,337 shares of the company were exchanged, compared to its average volume of 7,553,603. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The company has a market capitalization of $22.63 billion, a PE ratio of 7.32, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. The company has a fifty day simple moving average of $76.25 and a 200 day simple moving average of $87.60.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.16. The business had revenue of $13.21 billion during the quarter, compared to the consensus estimate of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. As a group, equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. UBS Group boosted their price objective on shares of United Airlines from $59.00 to $67.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Barclays cut their target price 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. Evercore ISI dropped their price objective 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. Morgan Stanley increased their target price on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. lifted their target price on United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a research report on Thursday, January 9th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company 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.