United Airlines Holdings, Inc. (NASDAQ:UAL) Stock Holdings Raised by Natixis

Natixis raised its stake in United Airlines Holdings, Inc. (NASDAQ:UAL) by 1,222.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 229,104 shares of the transportation company’s stock after purchasing an additional 211,780 shares during the period. Natixis owned 0.07% of United Airlines worth $10,970,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Mutual Advisors LLC acquired a new stake in shares of United Airlines in the 4th quarter worth approximately $620,000. Pacer Advisors Inc. lifted its stake in shares of United Airlines by 40.7% in the 4th quarter. Pacer Advisors Inc. now owns 29,850 shares of the transportation company’s stock worth $1,232,000 after acquiring an additional 8,635 shares during the period. Kingswood Wealth Advisors LLC acquired a new stake in shares of United Airlines in the 4th quarter worth approximately $247,000. Douglas Lane & Associates LLC lifted its stake in shares of United Airlines by 4.8% in the 4th quarter. Douglas Lane & Associates LLC now owns 494,346 shares of the transportation company’s stock worth $20,397,000 after acquiring an additional 22,674 shares during the period. Finally, Assenagon Asset Management S.A. lifted its stake in shares of United Airlines by 1,008.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 271,824 shares of the transportation company’s stock worth $11,215,000 after acquiring an additional 247,312 shares during the period. Institutional investors own 69.69% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on UAL shares. Bank of America upped their price target on shares of United Airlines from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, April 18th. TD Cowen increased their target price on shares of United Airlines from $65.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, July 17th. Jefferies Financial Group raised shares of United Airlines from a “hold” rating to a “buy” rating and increased their target price for the company from $54.00 to $65.00 in a research note on Wednesday, May 29th. Morgan Stanley increased their target price on shares of United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Thursday, April 18th. Finally, Susquehanna increased their target price on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Thursday, April 18th. Two investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $72.20.

United Airlines Trading Up 1.5 %

Shares of UAL stock traded up $0.70 during trading hours on Thursday, reaching $46.72. 8,987,809 shares of the stock traded hands, compared to its average volume of 9,013,759. The firm has a market capitalization of $15.36 billion, a PE ratio of 5.80, a PEG ratio of 0.79 and a beta of 1.44. The company has a quick ratio of 0.71, a current ratio of 0.77 and a debt-to-equity ratio of 2.07. The business has a fifty day moving average price of $49.85 and a 200 day moving average price of $46.86. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $56.17.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Wednesday, July 17th. The transportation company reported $4.14 earnings per share for the quarter, beating the consensus estimate of $3.97 by $0.17. The firm had revenue of $14.99 billion for the quarter, compared to analyst estimates of $15.04 billion. United Airlines had a net margin of 5.28% and a return on equity of 33.90%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.03 EPS. On average, equities research analysts forecast that United Airlines Holdings, Inc. will post 9.53 EPS for the current 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.