566 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Acquired by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC purchased a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 566 shares of the transportation company’s stock, valued at approximately $27,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. U S Global Investors Inc. raised its position in United Airlines by 31.9% during 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 purchasing an additional 1,005,170 shares in the last quarter. Norges Bank bought a new stake in United Airlines during the 4th quarter valued at $41,114,000. Dimensional Fund Advisors LP raised its position 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 in the last quarter. Retirement Systems of Alabama raised its position in United Airlines by 751.5% during the 1st quarter. Retirement Systems of Alabama now owns 615,478 shares of the transportation company’s stock valued at $29,469,000 after purchasing an additional 543,195 shares in the last quarter. Finally, Pinebridge Investments L.P. increased its holdings in shares of United Airlines by 219.0% in the 4th quarter. Pinebridge Investments L.P. now owns 600,684 shares of the transportation company’s stock valued at $24,784,000 after acquiring an additional 412,397 shares during the period. 69.69% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Raymond James lifted their price target on United Airlines from $66.00 to $70.00 and gave the company an “outperform” rating in a report on Thursday, April 18th. Bank of America lifted their price target on United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, April 18th. Wolfe Research upgraded United Airlines from a “peer perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a report on Friday, May 17th. Susquehanna lifted their price target on United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a report on Thursday, April 18th. Finally, Redburn Atlantic upgraded United Airlines from a “neutral” rating to a “buy” rating and set a $70.00 price target on the stock in a report on Thursday, June 6th. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $70.89.

Insider Buying and Selling at United Airlines

In other news, EVP Kate Gebo sold 15,000 shares of the business’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the completion of the transaction, the executive vice president now owns 57,512 shares of the company’s stock, valued at approximately $2,925,060.32. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.63% of the company’s stock.

United Airlines Stock Down 0.1 %

United Airlines stock opened at $47.15 on Thursday. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.69 and a current ratio of 0.75. The business’s 50-day simple moving average is $51.19 and its two-hundred day simple moving average is $46.49. The company has a market cap of $15.50 billion, a PE ratio of 5.83, a PEG ratio of 0.46 and a beta of 1.44. United Airlines Holdings, Inc. has a fifty-two week low of $33.68 and a fifty-two week high of $58.23.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Tuesday, April 16th. The transportation company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.53) by $0.38. The business had revenue of $12.54 billion for the quarter, compared to the consensus estimate of $12.43 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. Equities analysts anticipate that United Airlines Holdings, Inc. will post 9.97 EPS for the current year.

About United Airlines

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.