MidWestOne Financial Group Inc. Has $4.73 Million Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

MidWestOne Financial Group Inc. lessened its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 9.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,738 shares of the transportation company's stock after selling 4,966 shares during the quarter. United Airlines makes up 0.7% of MidWestOne Financial Group Inc.'s investment portfolio, making the stock its 21st largest holding. MidWestOne Financial Group Inc.'s holdings in United Airlines were worth $4,732,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Diversify Advisory Services LLC boosted its position in United Airlines by 2.2% during the fourth quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company's stock valued at $508,000 after purchasing an additional 101 shares during the last quarter. Wahed Invest LLC raised its stake in shares of United Airlines by 5.4% during the 4th quarter. Wahed Invest LLC now owns 2,106 shares of the transportation company's stock worth $204,000 after purchasing an additional 108 shares in the last quarter. Metis Global Partners LLC lifted its holdings in shares of United Airlines by 2.0% during the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company's stock valued at $631,000 after buying an additional 129 shares during the last quarter. Hemington Wealth Management lifted its holdings in shares of United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $30,000 after buying an additional 131 shares during the last quarter. Finally, Bell Investment Advisors Inc grew its stake in shares of 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. Institutional investors and hedge funds own 69.69% of the company's stock.

United Airlines Stock Performance

Shares of NASDAQ UAL traded down $1.35 during trading hours on Monday, hitting $74.65. 4,802,912 shares of the company's stock were exchanged, compared to its average volume of 7,638,279. The company's 50-day moving average price is $70.91 and its 200-day moving average price is $88.05. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00. The stock has a market capitalization of $24.38 billion, a price-to-earnings ratio of 7.92, a PEG ratio of 0.67 and a beta of 1.39. 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 quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The company had revenue of $13.21 billion for the quarter, compared to the consensus estimate of $13.47 billion. On average, sell-side analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Jefferies Financial Group reduced their target price on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research note on Tuesday, April 1st. TD Cowen lifted their price objective on shares of United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a research note on Tuesday, April 22nd. UBS Group upgraded shares of United Airlines from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $67.00 to $105.00 in a report on Monday, May 19th. Barclays cut their target price on United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Finally, Raymond James cut United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. One research analyst has rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $102.33.

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.