United Airlines Holdings, Inc. (NASDAQ:UAL) Stake Increased by Dark Forest Capital Management LP

Dark Forest Capital Management LP raised its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 70.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 15,757 shares of the transportation company's stock after buying an additional 6,528 shares during the period. Dark Forest Capital Management LP's holdings in United Airlines were worth $1,530,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Moody National Bank Trust Division grew its holdings in shares of United Airlines by 2.1% in the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company's stock valued at $470,000 after purchasing an additional 98 shares in the last quarter. Diversify Advisory Services LLC increased its position in shares of United Airlines by 2.2% during the fourth quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company's stock worth $508,000 after acquiring an additional 101 shares during the period. Metis Global Partners LLC grew its stake in United Airlines by 2.0% during the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company's stock worth $631,000 after purchasing an additional 129 shares in the last quarter. Hemington Wealth Management raised its holdings in United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $30,000 after acquiring an additional 131 shares in the last quarter. Finally, Bell Investment Advisors Inc increased its holdings in shares of United Airlines by 60.3% in the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after acquiring an additional 135 shares during the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Trading Up 1.2 %

Shares of UAL traded up $0.81 during trading hours on Monday, hitting $69.01. The stock had a trading volume of 2,248,009 shares, compared to its average volume of 7,522,419. The company's fifty day simple moving average is $75.55 and its 200 day simple moving average is $88.04. The firm has a market cap of $22.54 billion, a P/E ratio of 7.32, a P/E/G ratio of 0.67 and a beta of 1.19. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81.

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on UAL shares. Susquehanna lowered their price target on United Airlines from $90.00 to $81.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Morgan Stanley raised their price target on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. TD Cowen raised their target price on shares of United Airlines from $73.00 to $88.00 and gave the stock a "buy" rating in a research report on Tuesday, April 22nd. UBS Group raised their price objective on shares of United Airlines from $59.00 to $67.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. Finally, Barclays dropped their price target on United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $96.60.

About United Airlines

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.