UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 48.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 347,678 shares of the transportation company's stock after acquiring an additional 114,214 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.11% of United Airlines worth $33,760,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in UAL. Bank of Jackson Hole Trust bought a new stake in shares of United Airlines during the 4th quarter valued at about $25,000. Hemington Wealth Management raised 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 in the last quarter. Roxbury Financial LLC purchased a new position in shares of United Airlines during the 4th quarter valued at about $32,000. Whipplewood Advisors LLC purchased a new position in shares of United Airlines during the 4th quarter valued at about $32,000. Finally, Bell Investment Advisors Inc raised its holdings in shares of United Airlines by 60.3% during 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. Hedge funds and other institutional investors own 69.69% of the company's stock.

United Airlines Stock Up 1.4%

Shares of NASDAQ UAL traded up $1.07 during mid-day trading on Thursday, hitting $78.57. 10,086,708 shares of the stock traded hands, compared to its average volume of 7,645,771. 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 52 week low of $37.02 and a 52 week high of $116.00. The company has a market cap of $25.66 billion, a price-to-earnings ratio of 8.33, a PEG ratio of 0.67 and a beta of 1.39. The stock has a fifty day moving average price of $71.05 and a 200-day moving average price of $87.82.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings results 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. 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 analyst estimates of $13.47 billion. Research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on UAL. Cowen reissued a "buy" rating on shares of United Airlines in a report on Tuesday, April 22nd. Susquehanna decreased their price objective on United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Jefferies Financial Group decreased their price objective on United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a report on Tuesday, April 1st. Cantor Fitzgerald set a $88.00 price objective on United Airlines in a report on Tuesday, April 22nd. Finally, Raymond James cut United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. One equities 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. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price 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.