Toronto Dominion Bank Has $6.61 Million Stock Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Toronto Dominion Bank trimmed its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 45.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,030 shares of the transportation company's stock after selling 56,485 shares during the period. Toronto Dominion Bank's holdings in United Airlines were worth $6,606,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in UAL. Fourth Dimension Wealth LLC acquired a new stake in shares of United Airlines in the fourth quarter worth $200,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of United Airlines in the fourth quarter worth $631,000. Pinkerton Retirement Specialists LLC acquired a new stake in shares of United Airlines in the fourth quarter worth $1,295,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of United Airlines in the fourth quarter worth $2,287,000. Finally, Focus Partners Advisor Solutions LLC grew its stake in shares of United Airlines by 28.0% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 5,556 shares of the transportation company's stock worth $539,000 after acquiring an additional 1,217 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

United Airlines Price Performance

Shares of NASDAQ UAL traded up $0.68 during mid-day trading on Friday, reaching $79.25. The company had a trading volume of 7,485,235 shares, compared to its average volume of 7,634,918. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The firm has a market cap of $25.88 billion, a price-to-earnings ratio of 8.40, a PEG ratio of 0.67 and a beta of 1.39. The business's 50-day simple moving average is $71.02 and its 200 day simple moving average is $87.68.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.16. The business had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. On average, research analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Raymond James cut United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of United Airlines in a report on Tuesday, May 13th. Cowen reissued a "buy" rating on shares of United Airlines in a report on Tuesday, April 22nd. Bank of America dropped their price objective on United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a report on Thursday, April 3rd. Finally, TD Cowen upped their price target on United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a research note on Tuesday, April 22nd. One investment analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $102.33.

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.