United Airlines Holdings, Inc. (NASDAQ:UAL) Stock Holdings Lowered by MV Capital Management Inc.

MV Capital Management Inc. lowered its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 47.1% in the 1st quarter, Holdings Channel reports. The fund owned 602 shares of the transportation company’s stock after selling 537 shares during the period. MV Capital Management Inc.’s holdings in United Airlines were worth $29,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. U S Global Investors Inc. grew its position in 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 valued at $171,637,000 after buying an additional 1,005,170 shares in the last quarter. Norges Bank bought a new position in shares of United Airlines during the 4th quarter valued at about $41,114,000. Dimensional Fund Advisors LP boosted its position in shares of 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 in the last quarter. Pinebridge Investments L.P. boosted its position in shares of 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 in the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its position in shares of United Airlines by 1,301.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 412,112 shares of the transportation company’s stock valued at $17,432,000 after purchasing an additional 382,700 shares in the last quarter. Institutional investors own 69.69% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on UAL shares. Wolfe Research upgraded shares of United Airlines from a “peer perform” rating to an “outperform” rating and set a $76.00 price objective for the company in a research report on Friday, May 17th. HSBC assumed coverage on shares of United Airlines in a research report on Monday, May 13th. They issued a “buy” rating and a $69.20 target price on the stock. Redburn Atlantic raised shares of United Airlines from a “neutral” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Thursday, June 6th. UBS Group began coverage on shares of United Airlines in a research report on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 target price on the stock. Finally, Susquehanna raised their price target on shares of United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a report on Thursday, April 18th. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $70.89.

United Airlines Trading Down 0.3 %

NASDAQ:UAL opened at $48.20 on Wednesday. United Airlines Holdings, Inc. has a 12 month low of $33.68 and a 12 month high of $58.23. The firm has a market cap of $15.85 billion, a price-to-earnings ratio of 5.96, a P/E/G ratio of 0.48 and a beta of 1.44. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. The company’s 50 day moving average is $51.89 and its 200-day moving average is $46.27.

United Airlines (NASDAQ:UAL) last released its quarterly 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 for the quarter, compared to analyst estimates of $12.43 billion. Equities analysts anticipate that United Airlines Holdings, Inc. will post 9.93 EPS for the current year.

Insider Buying and Selling

In related news, EVP Kate Gebo sold 15,000 shares of the business’s stock in a transaction 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 transaction, the executive vice president now owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.63% of the stock is currently owned by insiders.

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.