Vontobel Holding Ltd. Acquires 19,382 Shares of United Airlines Holdings Inc (NASDAQ:UAL)

Vontobel Holding Ltd. boosted its stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 272.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,504 shares of the transportation company's stock after acquiring an additional 19,382 shares during the period. Vontobel Holding Ltd.'s holdings in United Airlines were worth $1,830,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sanders Capital LLC lifted its stake in United Airlines by 46.4% in 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. Boston Partners bought a new stake in shares of United Airlines in the 4th quarter valued at $323,508,000. FMR LLC boosted its stake in United Airlines by 70.9% during the fourth quarter. FMR LLC now owns 7,268,775 shares of the transportation company's stock worth $705,798,000 after acquiring an additional 3,015,979 shares in the last quarter. Senator Investment Group LP grew its holdings in United Airlines by 214.8% in the fourth quarter. Senator Investment Group LP now owns 3,261,051 shares of the transportation company's stock worth $316,648,000 after purchasing an additional 2,225,000 shares during the period. Finally, Capital World Investors increased its stake in United Airlines by 22.4% in the fourth quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock valued at $950,461,000 after purchasing an additional 1,791,654 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company's stock.

United Airlines Trading Up 1.5%

United Airlines stock traded up $1.20 during mid-day trading on Friday, hitting $82.21. The company's stock had a trading volume of 4,047,696 shares, compared to its average volume of 7,679,263. The business has a 50 day moving average price of $77.34 and a 200-day moving average price of $84.80. 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 Holdings Inc has a 12 month low of $37.02 and a 12 month high of $116.00. The stock has a market cap of $26.85 billion, a price-to-earnings ratio of 7.49, a price-to-earnings-growth ratio of 1.41 and a beta of 1.42.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.90% and a net margin of 6.34%. The business had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. As a group, analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UAL. Jefferies Financial Group dropped their price objective on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a report on Tuesday, April 1st. 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. Barclays lowered their target price on United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Cowen reaffirmed a "buy" rating on shares of United Airlines in a research report on Tuesday, April 22nd. Finally, Cantor Fitzgerald set a $88.00 target price on shares of United Airlines in a research report on Tuesday, April 22nd. One investment analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $104.64.

About United Airlines

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.