Board of the Pension Protection Fund Makes New $594,000 Investment in United Airlines Holdings Inc (NASDAQ:UAL)

Board of the Pension Protection Fund purchased a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,600 shares of the transportation company's stock, valued at approximately $594,000.

A number of other large investors also recently bought and sold shares of UAL. Capital A Wealth Management LLC purchased a new stake in shares of United Airlines in the fourth quarter valued at approximately $31,000. Whipplewood Advisors LLC acquired a new position in shares of United Airlines during the 4th quarter worth about $32,000. Bell Investment Advisors Inc lifted its stake in 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 buying an additional 135 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in shares of United Airlines during the fourth quarter valued at approximately $36,000. Finally, Ameriflex Group Inc. purchased a new stake in shares of United Airlines during the fourth quarter worth approximately $58,000. Institutional investors and hedge funds own 69.69% of the company's stock.

United Airlines Price Performance

Shares of NASDAQ UAL opened at $77.55 on Friday. The stock's 50-day moving average is $75.73 and its two-hundred day moving average is $85.44. The company has a market cap of $25.33 billion, a price-to-earnings ratio of 7.07, a price-to-earnings-growth ratio of 1.23 and a beta of 1.45. United Airlines Holdings Inc has a 1-year low of $37.02 and a 1-year high of $116.00. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.78 and a quick ratio of 0.72.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. United Airlines had a net margin of 6.34% and a return on equity of 32.90%. The firm had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. Analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

Analyst Ratings Changes

UAL has been the topic of a number of research reports. TD Cowen raised their price objective on United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a report on Tuesday, April 22nd. Barclays cut their price target on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Jefferies Financial Group dropped their price target on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research report on Tuesday, April 1st. Cowen restated a "buy" rating on shares of United Airlines in a report on Tuesday, April 22nd. Finally, Evercore ISI lowered their price objective on shares of United Airlines from $145.00 to $100.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. One research 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, the company has an average rating of "Buy" and an average price target of $104.64.

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.

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