Advisor Resource Council Buys Shares of 25,116 United Airlines Holdings Inc (NASDAQ:UAL)

Advisor Resource Council purchased a new position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 25,116 shares of the transportation company's stock, valued at approximately $1,646,000.

A number of other institutional investors also recently modified their holdings of UAL. Sanders Capital LLC increased its holdings in United Airlines by 46.4% in the fourth quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock worth $1,344,671,000 after purchasing an additional 4,390,721 shares in the last quarter. Boston Partners bought a new stake in shares of United Airlines in the 4th quarter valued at $323,508,000. FMR LLC lifted its position in shares of United Airlines by 70.9% during the 4th quarter. FMR LLC now owns 7,268,775 shares of the transportation company's stock valued at $705,798,000 after acquiring an additional 3,015,979 shares during the period. Senator Investment Group LP boosted its stake in 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 worth $316,648,000 after acquiring an additional 2,225,000 shares in the last quarter. Finally, Capital World Investors grew its holdings in United Airlines by 22.4% in the fourth quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock worth $950,461,000 after purchasing an additional 1,791,654 shares during the period. 69.69% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

UAL has been the topic of several research reports. Susquehanna dropped their price objective on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of United Airlines in a research note on Tuesday, May 13th. Wall Street Zen lowered United Airlines from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 7th. Cantor Fitzgerald set a $88.00 price objective on United Airlines in a report on Tuesday, April 22nd. Finally, UBS Group upgraded United Airlines from a "neutral" rating to a "buy" rating and increased their target price for the stock from $67.00 to $105.00 in a report on Monday, May 19th. One research analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $104.64.

United Airlines Trading Down 0.0%

Shares of UAL stock opened at $74.27 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.93. The firm has a market cap of $24.26 billion, a P/E ratio of 6.77, a PEG ratio of 1.19 and a beta of 1.45. The company has a 50 day moving average of $74.84 and a 200-day moving average of $86.04. United Airlines Holdings Inc has a 12-month low of $37.02 and a 12-month high of $116.00.

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. United Airlines had a net margin of 6.34% and a return on equity of 32.90%. The business had revenue of $13.21 billion for the quarter, compared to the consensus estimate of $13.47 billion. Sell-side analysts anticipate 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.

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