Victory Capital Management Inc. lifted its position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 783.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,152,520 shares of the transportation company's stock after buying an additional 1,022,012 shares during the quarter. Victory Capital Management Inc. owned about 0.35% of United Airlines worth $79,582,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position 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 valued at $3,548,797,000 after acquiring an additional 369,500 shares during the period. Capital International Investors lifted its position 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 raised its position in shares of United Airlines by 46.4% in the 4th 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 last quarter. Capital World Investors grew its stake in shares of United Airlines by 22.4% during the 4th 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 during the period. Finally, Geode Capital Management LLC grew its stake in shares of United Airlines by 2.9% during 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 acquiring an additional 243,535 shares during the period. Institutional investors own 69.69% of the company's stock.
United Airlines Trading Up 3.1%
NASDAQ UAL opened at $91.22 on Friday. The company has a 50 day moving average price of $79.81 and a 200 day moving average price of $84.05. The firm has a market cap of $29.79 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 1.48 and a beta of 1.42. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.93. United Airlines Holdings Inc has a 52 week low of $37.02 and a 52 week high of $116.00.
United Airlines (NASDAQ:UAL - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The transportation company reported $3.87 earnings per share for the quarter, beating analysts' consensus estimates of $3.81 by $0.06. United Airlines had a net margin of 5.71% and a return on equity of 30.79%. The firm had revenue of $15.24 billion for the quarter, compared to analyst estimates of $15.31 billion. During the same period last year, the firm posted $4.14 EPS. United Airlines's quarterly revenue was up 1.4% on a year-over-year basis. As a group, sell-side analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
UAL has been the subject of a number of research analyst reports. Evercore ISI reiterated an "outperform" rating and issued a $105.00 price target on shares of United Airlines in a research note on Thursday. TD Cowen raised their price objective on United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a research note on Tuesday, April 22nd. Susquehanna restated a "positive" rating on shares of United Airlines in a research note on Tuesday. Cantor Fitzgerald set a $88.00 target price on United Airlines in a research note on Tuesday, April 22nd. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of United Airlines in a research report on Tuesday, May 13th. One 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's stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $105.29.
Get Our Latest Analysis on UAL
About United Airlines
(
Free Report)
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.
See Also
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