Hussman Strategic Advisors Inc. Makes New $1.16 Million Investment in United Airlines Holdings Inc (NASDAQ:UAL)

Hussman Strategic Advisors Inc. acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 16,800 shares of the transportation company's stock, valued at approximately $1,160,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Sanders Capital LLC boosted its holdings in shares of United Airlines by 46.4% during the 4th quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock worth $1,344,671,000 after buying an additional 4,390,721 shares during the period. FMR LLC boosted its holdings 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 worth $705,798,000 after buying an additional 3,015,979 shares during the period. Senator Investment Group LP boosted its holdings in shares of United Airlines by 214.8% during the 4th quarter. Senator Investment Group LP now owns 3,261,051 shares of the transportation company's stock worth $316,648,000 after buying an additional 2,225,000 shares during the period. Capital World Investors boosted its holdings 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 buying an additional 1,791,654 shares during the period. Finally, Susquehanna Advisors Group Inc. bought a new stake in shares of United Airlines during the 4th quarter worth about $173,211,000. Institutional investors own 69.69% of the company's stock.

United Airlines Stock Up 1.1%

NASDAQ UAL traded up $1.03 on Friday, hitting $92.25. 7,627,640 shares of the company were exchanged, compared to its average volume of 7,704,508. The company has a market cap of $30.13 billion, a PE ratio of 9.24, a PEG ratio of 1.55 and a beta of 1.42. United Airlines Holdings Inc has a 12 month low of $37.02 and a 12 month high of $116.00. The stock has a fifty day moving average of $80.11 and a 200-day moving average of $84.02. The company has a current ratio of 0.70, a quick ratio of 0.72 and a debt-to-equity ratio of 1.56.

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

Wall Street Analyst Weigh In

UAL has been the subject of a number of recent research reports. Sanford C. Bernstein reissued an "outperform" rating on shares of United Airlines in a report on Tuesday, May 13th. Evercore ISI reissued an "outperform" rating and issued a $105.00 price objective on shares of United Airlines in a report on Thursday. UBS Group boosted their price objective on shares of United Airlines from $103.00 to $114.00 and gave the company a "buy" rating in a report on Tuesday. Barclays boosted their price objective on shares of United Airlines from $94.00 to $100.00 and gave the company an "overweight" rating in a report on Tuesday. Finally, TD Cowen boosted their target price on shares of United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a research report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, United Airlines currently has a consensus rating of "Buy" and an average price target of $108.64.

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.