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

Twin Capital Management Inc. cut its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 4.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,199 shares of the transportation company’s stock after selling 529 shares during the quarter. Twin Capital Management Inc.’s holdings in United Airlines were worth $421,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UAL. Vanguard Group Inc. raised its holdings in shares of United Airlines by 2.1% during the first quarter. Vanguard Group Inc. now owns 34,550,592 shares of the transportation company’s stock valued at $1,601,764,000 after buying an additional 700,850 shares during the last quarter. Capital International Investors acquired a new position in United Airlines during the 1st quarter worth $351,299,000. Geode Capital Management LLC boosted its position in United Airlines by 2.1% during the 1st quarter. Geode Capital Management LLC now owns 7,018,196 shares of the transportation company’s stock worth $310,174,000 after acquiring an additional 146,791 shares during the period. Invesco Ltd. grew its stake 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 worth $196,679,000 after purchasing an additional 885,199 shares in the last quarter. Finally, U S Global Investors Inc. increased its holdings in shares of United Airlines by 31.9% during the fourth 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 during the period. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Trading Down 0.1 %

NASDAQ:UAL opened at $51.38 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $58.23. The firm has a market capitalization of $16.89 billion, a price-to-earnings ratio of 6.35, a price-to-earnings-growth ratio of 0.52 and a beta of 1.55. The stock has a fifty day simple moving average of $44.47 and a 200 day simple moving average of $41.49.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.39. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The business had revenue of $13.63 billion during the quarter, compared to analyst estimates of $13.55 billion. During the same quarter last year, the company posted $2.46 EPS. United Airlines’s revenue for the quarter was up 9.9% on a year-over-year basis. Sell-side analysts forecast that United Airlines Holdings, Inc. will post 9.78 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UAL. StockNews.com upgraded shares of United Airlines from a “sell” rating to a “hold” rating in a research report on Thursday. Susquehanna raised their price objective on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Thursday. Morgan Stanley boosted their target price on United Airlines from $75.00 to $80.00 and gave the stock an “overweight” rating in a report on Thursday. Bank of America increased their price target on United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Raymond James boosted their price objective on United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a research note on Thursday. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, United Airlines has a consensus rating of “Moderate Buy” and an average price target of $66.53.

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.