Centaurus Financial Inc. Purchases 6,585 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Centaurus Financial Inc. lifted its stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 106.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,773 shares of the transportation company's stock after acquiring an additional 6,585 shares during the period. Centaurus Financial Inc.'s holdings in United Airlines were worth $1,240,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in UAL. Vanguard Group Inc. boosted its stake in United Airlines by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 36,547,863 shares of the transportation company's stock valued at $3,548,797,000 after buying an additional 369,500 shares during the period. Capital International Investors boosted its stake in United Airlines by 6.3% during the fourth quarter. Capital International Investors now owns 21,261,443 shares of the transportation company's stock valued at $2,064,825,000 after buying an additional 1,257,443 shares during the period. Sanders Capital LLC boosted its stake in United Airlines by 46.4% during the fourth quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock valued at $1,344,671,000 after buying an additional 4,390,721 shares during the period. Capital World Investors boosted its stake in United Airlines by 22.4% during the fourth quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock valued at $950,461,000 after buying an additional 1,791,654 shares during the period. Finally, Geode Capital Management LLC boosted its stake in United Airlines by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 8,554,755 shares of the transportation company's stock valued at $840,533,000 after buying an additional 243,535 shares during the period. 69.69% of the stock is owned by institutional investors.

United Airlines Trading Up 2.3%

Shares of UAL traded up $1.79 during trading hours on Monday, hitting $81.23. The company had a trading volume of 6,915,999 shares, compared to its average volume of 7,632,080. United Airlines Holdings, Inc. has a 52-week low of $37.02 and a 52-week high of $116.00. The firm has a market cap of $26.53 billion, a P/E ratio of 8.61, 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. The stock's 50 day moving average price is $71.09 and its 200 day moving average price is $87.57.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, research analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on UAL. Raymond James lowered United Airlines from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd. TD Cowen raised their price target on United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a research report on Tuesday, April 22nd. Barclays lowered their price target on United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Evercore ISI lowered their price target on United Airlines from $145.00 to $100.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Finally, Susquehanna lowered their price target on United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. One research analyst has rated the stock with a hold rating, fourteen have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average 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.