Commerzbank Aktiengesellschaft FI Acquires Shares of 2,922 United Airlines Holdings Inc (NASDAQ:UAL)

Commerzbank Aktiengesellschaft FI acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,922 shares of the transportation company's stock, valued at approximately $202,000.

Other large investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC purchased a new position in United Airlines during the fourth quarter worth about $137,000. Natixis Advisors LLC boosted its holdings in United Airlines by 5.4% during the fourth quarter. Natixis Advisors LLC now owns 90,301 shares of the transportation company's stock worth $8,768,000 after purchasing an additional 4,621 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in United Airlines in the fourth quarter worth about $804,000. Cibc World Markets Corp raised its position in United Airlines by 45.1% in the fourth quarter. Cibc World Markets Corp now owns 36,985 shares of the transportation company's stock worth $3,591,000 after acquiring an additional 11,496 shares during the period. Finally, Parallel Advisors LLC raised its position in United Airlines by 7.4% in the fourth quarter. Parallel Advisors LLC now owns 4,970 shares of the transportation company's stock worth $483,000 after acquiring an additional 342 shares during the period. 69.69% of the stock is owned by institutional investors.

United Airlines Trading Up 1.1%

Shares of UAL opened at $92.25 on Friday. The company has a market capitalization of $30.13 billion, a P/E ratio of 9.24, a P/E/G ratio of 1.53 and a beta of 1.42. United Airlines Holdings Inc has a one year low of $37.02 and a one year high of $116.00. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.72 and a current ratio of 0.70. The stock has a 50-day moving average price of $80.11 and a 200 day moving average price of $84.02.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The transportation company reported $3.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.81 by $0.06. The business had revenue of $15.24 billion for the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a return on equity of 30.09% and a net margin of 5.71%. The business's revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the business posted $4.14 EPS. Sell-side analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UAL. Wall Street Zen lowered shares of United Airlines from a "buy" rating to a "hold" rating in a report on Friday. Susquehanna lifted their price target on shares of United Airlines from $81.00 to $109.00 and gave the stock a "positive" rating in a research note on Tuesday. Jefferies Financial Group lowered their price target on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a report on Tuesday, April 1st. Raymond James Financial cut shares of United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. Finally, UBS Group upped their price objective on shares of United Airlines from $103.00 to $114.00 and gave the stock a "buy" rating in a research note on Tuesday. Two analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, United Airlines has a consensus rating of "Buy" and an average target price of $108.64.

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.

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