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Caxton Associates LP Acquires Shares of 147,157 United Airlines Holdings, Inc. (NASDAQ:UAL)

United Airlines logo with Transportation background

Caxton Associates LP bought a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 147,157 shares of the transportation company's stock, valued at approximately $14,289,000. United Airlines makes up approximately 0.4% of Caxton Associates LP's holdings, making the stock its 28th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Sanders Capital LLC raised its stake in shares of United Airlines by 46.4% in the fourth quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock valued at $1,344,671,000 after acquiring an additional 4,390,721 shares during the period. Boston Partners purchased a new stake in United Airlines in the 4th quarter worth about $323,508,000. FMR LLC lifted its stake in United Airlines by 70.9% in the fourth quarter. FMR LLC now owns 7,268,775 shares of the transportation company's stock worth $705,798,000 after purchasing an additional 3,015,979 shares during the last quarter. Senator Investment Group LP boosted its position in shares of United Airlines by 214.8% during the fourth quarter. Senator Investment Group LP now owns 3,261,051 shares of the transportation company's stock valued at $316,648,000 after buying an additional 2,225,000 shares during the period. Finally, Capital World Investors grew its stake in shares of United Airlines by 22.4% during the fourth quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock valued at $950,461,000 after buying an additional 1,791,654 shares during the last quarter. Institutional investors own 69.69% of the company's stock.

United Airlines Stock Performance

Shares of United Airlines stock opened at $74.07 on Monday. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The company has a market capitalization of $24.19 billion, a PE ratio of 7.85, a P/E/G ratio of 0.67 and a beta of 1.39. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The company has a 50-day simple moving average of $72.56 and a two-hundred day simple moving average of $88.15.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.75 by $0.16. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The firm had revenue of $13.21 billion during the quarter, compared to analyst estimates of $13.47 billion. Research analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on UAL shares. JPMorgan Chase & Co. boosted their price objective on United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a report on Thursday, January 9th. Jefferies Financial Group lowered their target price on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research note on Tuesday, April 1st. Morgan Stanley raised their price target on shares of United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Bank of America lowered their price objective on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Finally, Cantor Fitzgerald set a $88.00 target price on shares of United Airlines in a research report on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $96.60.

Check Out Our Latest Analysis on United Airlines

United Airlines Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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