Nuveen Asset Management LLC Sells 47,490 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Nuveen Asset Management LLC decreased its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 5.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 860,242 shares of the transportation company's stock after selling 47,490 shares during the quarter. Nuveen Asset Management LLC owned 0.26% of United Airlines worth $83,529,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of UAL. Bank of Jackson Hole Trust acquired a new position in United Airlines during the fourth quarter worth $25,000. Hemington Wealth Management lifted its stake in United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Roxbury Financial LLC purchased a new position in United Airlines during the 4th quarter valued at about $32,000. Whipplewood Advisors LLC acquired a new position in United Airlines in the 4th quarter valued at about $32,000. Finally, Bell Investment Advisors Inc increased its stake in United Airlines by 60.3% during the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after purchasing an additional 135 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Barclays decreased their price target on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Susquehanna reduced their price objective on United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Jefferies Financial Group cut their price target on United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a report on Tuesday, April 1st. Sanford C. Bernstein reiterated an "outperform" rating on shares of United Airlines in a research note on Tuesday, May 13th. Finally, Morgan Stanley lifted their price target on shares of United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $102.33.

United Airlines Price Performance

United Airlines stock traded down $2.29 during mid-day trading on Tuesday, hitting $76.33. The company's stock had a trading volume of 8,115,371 shares, compared to its average volume of 7,601,108. United Airlines Holdings, Inc. has a twelve month low of $37.02 and a twelve month high of $116.00. The stock's fifty day moving average price is $70.68 and its two-hundred day moving average price is $88.26. The stock has a market capitalization of $24.93 billion, a P/E ratio of 8.09, a P/E/G ratio of 0.67 and a beta of 1.39. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99.

United Airlines (NASDAQ:UAL - Get Free Report) last posted 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. The business 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%. Research analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

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.