Axxcess Wealth Management LLC Has $628,000 Stock Holdings in United Airlines Holdings Inc (NASDAQ:UAL)

Axxcess Wealth Management LLC boosted its holdings in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 63.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,096 shares of the transportation company's stock after purchasing an additional 3,543 shares during the period. Axxcess Wealth Management LLC's holdings in United Airlines were worth $628,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sanders Capital LLC raised its stake in United Airlines by 46.4% during 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 buying an additional 4,390,721 shares in the last quarter. Boston Partners acquired a new stake in United Airlines during the fourth quarter valued at approximately $323,508,000. FMR LLC raised its stake in United Airlines by 70.9% during the fourth quarter. FMR LLC now owns 7,268,775 shares of the transportation company's stock valued at $705,798,000 after buying an additional 3,015,979 shares in the last quarter. Senator Investment Group LP raised 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 valued at $316,648,000 after buying an additional 2,225,000 shares in the last quarter. Finally, Capital World Investors raised its position in shares of United Airlines by 22.4% during the 4th 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. Hedge funds and other institutional investors own 69.69% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Cantor Fitzgerald set a $88.00 price target on United Airlines in a research report on Tuesday, April 22nd. Evercore ISI dropped their price target on United Airlines from $145.00 to $100.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. TD Cowen increased their price target on United Airlines from $73.00 to $88.00 and gave the stock a "buy" rating in a research report on Tuesday, April 22nd. 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. Finally, Susquehanna dropped their price target on United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. One analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $104.50.

United Airlines Price Performance

Shares of NASDAQ UAL traded down $3.98 during mid-day trading on Friday, reaching $87.69. The company had a trading volume of 9,833,628 shares, compared to its average volume of 7,710,176. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.93. The stock has a market cap of $28.64 billion, a PE ratio of 7.99, a P/E/G ratio of 1.47 and a beta of 1.42. The company has a 50-day moving average price of $78.78 and a two-hundred day moving average price of $84.25. United Airlines Holdings Inc has a 1-year low of $37.02 and a 1-year high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.16. The business had revenue of $13.21 billion for the quarter, compared to analysts' expectations of $13.47 billion. United Airlines had a return on equity of 32.90% and a net margin of 6.34%. On average, equities analysts anticipate that United Airlines Holdings Inc will post 12.96 earnings per share for the current year.

United Airlines Company 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.