United Airlines Holdings, Inc. (NASDAQ:UAL) Holdings Raised by Comerica Bank

Comerica Bank increased its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 13.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,154 shares of the transportation company's stock after acquiring an additional 7,403 shares during the quarter. Comerica Bank's holdings in United Airlines were worth $6,035,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bank of Jackson Hole Trust acquired a new position in shares of United Airlines in the fourth quarter valued at approximately $25,000. Hemington Wealth Management increased its stake in shares of United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after acquiring an additional 131 shares during the period. Whipplewood Advisors LLC acquired a new stake in United Airlines in the fourth quarter valued at about $32,000. Roxbury Financial LLC acquired a new position in United Airlines during the 4th quarter worth approximately $32,000. Finally, Bell Investment Advisors Inc raised its stake in shares of United Airlines by 60.3% during the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after buying an additional 135 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UAL has been the subject of several research analyst reports. Bank of America cut their price objective on United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Cantor Fitzgerald set a $88.00 target price on shares of United Airlines in a research report on Tuesday, April 22nd. Susquehanna decreased their price target on United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. JPMorgan Chase & Co. lifted their price objective on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a report on Thursday, January 9th. Finally, Morgan Stanley upped their target price on United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, United Airlines presently has an average rating of "Buy" and a consensus price target of $96.60.

United Airlines Trading Up 2.5 %

Shares of NASDAQ UAL traded up $1.84 during midday trading on Wednesday, hitting $75.36. The stock had a trading volume of 6,540,170 shares, compared to its average volume of 7,504,898. The company has a fifty day moving average price of $71.37 and a 200 day moving average price of $87.96. The company has a market capitalization of $24.61 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 0.67 and a beta of 1.39. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.16. The firm had revenue of $13.21 billion during the quarter, compared to analysts' expectations of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. On average, analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share 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.