United Airlines Holdings Inc (NASDAQ:UAL) Shares Purchased by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA boosted its position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 4.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 211,056 shares of the transportation company's stock after purchasing an additional 8,139 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.06% of United Airlines worth $14,573,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of United Airlines by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 36,547,863 shares of the transportation company's stock worth $3,548,797,000 after acquiring an additional 369,500 shares during the period. Capital International Investors grew its holdings in United Airlines by 6.3% in 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 purchasing an additional 1,257,443 shares during the period. Sanders Capital LLC raised 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 worth $1,344,671,000 after purchasing an additional 4,390,721 shares during the period. Capital World Investors raised 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 worth $950,461,000 after purchasing an additional 1,791,654 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of United Airlines by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 8,554,755 shares of the transportation company's stock valued at $840,533,000 after purchasing an additional 243,535 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company's stock.

United Airlines Trading Up 1.1%

Shares of NASDAQ UAL opened at $92.25 on Friday. 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 capitalization of $30.13 billion, a PE ratio of 9.24, a PEG ratio of 1.53 and a beta of 1.42. The company has a current ratio of 0.70, a quick ratio of 0.72 and a debt-to-equity ratio of 1.56. The business has a 50-day moving average price of $80.11 and a two-hundred day moving average price of $84.02.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The transportation company reported $3.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.81 by $0.06. The business had revenue of $15.24 billion during the quarter, compared to analyst estimates of $15.31 billion. United Airlines had a return on equity of 30.09% and a net margin of 5.71%. The firm's revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company earned $4.14 EPS. As a group, analysts predict that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UAL has been the topic of a number of recent research reports. Evercore ISI reaffirmed an "outperform" rating and set a $105.00 price target on shares of United Airlines in a research report on Thursday. Cowen restated a "buy" rating on shares of United Airlines in a report on Tuesday. Susquehanna upped their price target on United Airlines from $81.00 to $109.00 and gave the stock a "positive" rating in a report on Tuesday. Sanford C. Bernstein restated an "outperform" rating on shares of United Airlines in a report on Tuesday, May 13th. Finally, Cantor Fitzgerald set a $88.00 price target on United Airlines in a report on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, United Airlines has an average rating of "Buy" and a consensus target price of $108.64.

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.

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