XML Financial LLC Acquires 972 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

XML Financial LLC lifted its holdings in United Airlines Holdings, Inc. (NASDAQ:UALFree Report) by 9.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,698 shares of the transportation company’s stock after buying an additional 972 shares during the period. XML Financial LLC’s holdings in United Airlines were worth $483,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in UAL. U S Global Investors Inc. increased its holdings in shares of United Airlines by 31.9% in the 4th quarter. U S Global Investors Inc. now owns 4,159,899 shares of the transportation company’s stock worth $171,637,000 after buying an additional 1,005,170 shares during the last quarter. Norges Bank bought a new position in United Airlines during the 4th quarter valued at about $41,114,000. Invesco Ltd. grew its holdings in United Airlines by 23.5% during the 3rd quarter. Invesco Ltd. now owns 4,649,616 shares of the transportation company’s stock valued at $196,679,000 after purchasing an additional 885,199 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in United Airlines by 24.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,143,202 shares of the transportation company’s stock valued at $170,974,000 after purchasing an additional 812,257 shares during the last quarter. Finally, Pinebridge Investments L.P. grew its holdings in United Airlines by 219.0% during the 4th quarter. Pinebridge Investments L.P. now owns 600,684 shares of the transportation company’s stock valued at $24,784,000 after purchasing an additional 412,397 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UAL has been the topic of several analyst reports. Citigroup upped their price target on shares of United Airlines from $80.00 to $96.00 and gave the company a “buy” rating in a report on Wednesday, May 29th. Susquehanna upped their price target on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a report on Thursday, April 18th. Wolfe Research upgraded shares of United Airlines from a “peer perform” rating to an “outperform” rating and set a $76.00 target price on the stock in a research note on Friday, May 17th. Raymond James upped their target price on shares of United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a research note on Thursday, April 18th. Finally, UBS Group initiated coverage on shares of United Airlines in a research note on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $70.89.

View Our Latest Stock Analysis on UAL

Insider Activity at United Airlines

In related news, EVP Kate Gebo sold 15,000 shares of the stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $50.86, for a total transaction of $762,900.00. Following the completion of the sale, the executive vice president now owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.63% of the stock is currently owned by corporate insiders.

United Airlines Price Performance

Shares of UAL opened at $53.03 on Tuesday. The company has a 50 day moving average price of $50.58 and a 200-day moving average price of $45.30. United Airlines Holdings, Inc. has a fifty-two week low of $33.68 and a fifty-two week high of $58.23. The stock has a market capitalization of $17.44 billion, a PE ratio of 6.56, a PEG ratio of 0.52 and a beta of 1.47. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.69 and a current ratio of 0.75.

United Airlines (NASDAQ:UALGet Free Report) last posted its earnings results on Tuesday, April 16th. The transportation company reported ($0.15) EPS for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.38. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The company had revenue of $12.54 billion during the quarter, compared to analysts’ expectations of $12.43 billion. Equities analysts predict that United Airlines Holdings, Inc. will post 9.93 earnings per share for the current fiscal year.

About United Airlines

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

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