Parkside Financial Bank & Trust Has $63,000 Stock Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Parkside Financial Bank & Trust lowered its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 15.5% in the fourth quarter, Holdings Channel reports. The firm owned 1,532 shares of the transportation company’s stock after selling 282 shares during the period. Parkside Financial Bank & Trust’s holdings in United Airlines were worth $63,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of UAL. Invesco Ltd. boosted its holdings in shares of United Airlines by 23.5% in the third quarter. Invesco Ltd. now owns 4,649,616 shares of the transportation company’s stock valued at $196,679,000 after buying an additional 885,199 shares during the period. U S Global Investors Inc. raised 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 during the last quarter. Northern Trust Corp lifted its stake in United Airlines by 3.4% in the 3rd quarter. Northern Trust Corp now owns 2,404,540 shares of the transportation company’s stock valued at $101,712,000 after acquiring an additional 79,881 shares in the last quarter. AQR Capital Management LLC lifted its position in United Airlines by 0.9% during the 3rd quarter. AQR Capital Management LLC now owns 1,772,907 shares of the transportation company’s stock worth $74,994,000 after buying an additional 15,709 shares in the last quarter. Finally, Calamos Advisors LLC grew its holdings in shares of United Airlines by 36.6% in the 4th quarter. Calamos Advisors LLC now owns 895,684 shares of the transportation company’s stock valued at $36,956,000 after acquiring an additional 240,224 shares in the last quarter. Institutional investors own 69.69% of the company’s stock.

Insider Buying and Selling

In other United Airlines news, EVP Kate Gebo sold 15,000 shares of the stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $50.86, for a total value of $762,900.00. Following the completion of the sale, the executive vice president now owns 57,512 shares in the company, valued at approximately $2,925,060.32. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.63% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and raised their price target for the company from $58.00 to $65.00 in a research note on Friday, February 9th. StockNews.com raised United Airlines from a “sell” rating to a “hold” rating in a report on Wednesday. Bank of America raised 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. Redburn Atlantic downgraded shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 price objective on the stock. in a report on Tuesday, February 13th. Finally, UBS Group assumed coverage on shares of United Airlines in a report on Wednesday, March 20th. They set a “neutral” rating and a $47.00 target price for the company. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $66.53.

United Airlines Price Performance

Shares of NASDAQ UAL opened at $53.51 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 2.52. The firm’s 50-day moving average price is $45.34 and its 200-day moving average price is $41.83. The firm has a market capitalization of $17.59 billion, a P/E ratio of 6.61, a P/E/G ratio of 0.52 and a beta of 1.55. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $58.23.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.39. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The business had revenue of $13.63 billion during the quarter, compared to analyst estimates of $13.55 billion. During the same quarter in the previous year, the business posted $2.46 EPS. United Airlines’s quarterly revenue was up 9.9% on a year-over-year basis. Equities research analysts anticipate that United Airlines Holdings, Inc. will post 9.91 earnings per share for the current fiscal year.

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.