United Airlines Holdings Inc (NASDAQ:UAL) Shares Purchased by Xponance Inc.

Xponance Inc. grew its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 9.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,070 shares of the transportation company's stock after purchasing an additional 4,681 shares during the quarter. Xponance Inc.'s holdings in United Airlines were worth $3,734,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of UAL. Proficio Capital Partners LLC acquired a new position in shares of United Airlines in the 4th quarter valued at $137,000. Sequoia Financial Advisors LLC acquired a new position in United Airlines in the 4th quarter valued at $285,000. Farther Finance Advisors LLC increased its stake in United Airlines by 211.4% in the 4th quarter. Farther Finance Advisors LLC now owns 5,128 shares of the transportation company's stock valued at $498,000 after buying an additional 3,481 shares during the period. Avantax Advisory Services Inc. increased its stake in United Airlines by 17.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 10,520 shares of the transportation company's stock valued at $1,022,000 after buying an additional 1,589 shares during the period. Finally, Frank Rimerman Advisors LLC increased its stake in United Airlines by 7.2% in the 4th quarter. Frank Rimerman Advisors LLC now owns 6,113 shares of the transportation company's stock valued at $594,000 after buying an additional 413 shares during the period. 69.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on UAL. Bank of America dropped their price objective on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research note on Thursday, April 3rd. Susquehanna reissued a "positive" rating on shares of United Airlines in a research note on Tuesday. Sanford C. Bernstein restated an "outperform" rating on shares of United Airlines in a research report on Tuesday, May 13th. Barclays restated an "overweight" rating and set a $94.00 target price on shares of United Airlines in a research report on Tuesday. Finally, Wall Street Zen lowered shares of United Airlines from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 7th. One analyst has rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $104.50.

United Airlines Stock Down 1.3%

NASDAQ UAL traded down $1.15 on Tuesday, reaching $87.79. The company had a trading volume of 1,879,106 shares, compared to its average volume of 7,680,689. The firm has a market capitalization of $28.67 billion, a PE ratio of 7.99, a P/E/G ratio of 1.47 and a beta of 1.42. United Airlines Holdings Inc has a 1 year low of $37.02 and a 1 year high of $116.00. The firm has a 50-day moving average of $79.06 and a 200-day moving average of $84.06. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.78 and a quick ratio of 0.72.

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, topping analysts' consensus estimates of $0.75 by $0.16. The firm had revenue of $13.21 billion during the quarter, compared to analysts' expectations of $13.47 billion. United Airlines had a return on equity of 32.90% and a net margin of 6.34%. On average, equities research analysts anticipate that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal 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.