Czech National Bank Has $5.22 Million Stock Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Czech National Bank increased its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 5.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,537 shares of the transportation company's stock after buying an additional 4,230 shares during the quarter. Czech National Bank's holdings in United Airlines were worth $5,216,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new position in United Airlines during the fourth quarter worth about $25,000. Hemington Wealth Management lifted its stake in United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after purchasing an additional 131 shares during the period. Capital A Wealth Management LLC bought a new position in United Airlines during the fourth quarter worth about $31,000. Roxbury Financial LLC bought a new position in United Airlines during the fourth quarter worth about $32,000. Finally, Whipplewood Advisors LLC bought a new position in United Airlines during the fourth quarter worth about $32,000. 69.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UAL has been the subject of a number of research analyst reports. Bank of America cut their target price on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research note on Thursday, April 3rd. Sanford C. Bernstein reiterated an "outperform" rating on shares of United Airlines in a research note on Tuesday, May 13th. Barclays cut their target price on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Cowen reiterated a "buy" rating on shares of United Airlines in a research note on Tuesday, April 22nd. Finally, Cantor Fitzgerald set a $88.00 target price on shares of United Airlines in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $102.33.

United Airlines Trading Down 1.6%

Shares of United Airlines stock traded down $1.27 on Thursday, hitting $80.35. 6,012,107 shares of the company's stock traded hands, compared to its average volume of 7,598,160. The firm's 50-day moving average price is $71.47 and its two-hundred day moving average price is $87.48. The stock has a market capitalization of $26.24 billion, a PE ratio of 8.52, a price-to-earnings-growth ratio of 0.67 and a beta of 1.45. 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 1.99, a current ratio of 0.81 and a quick ratio of 0.74.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results 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 during the quarter, compared to analysts' expectations of $13.47 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. On average, research analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal 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.