Universal Beteiligungs und Servicegesellschaft mbH Takes $5.82 Million Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 59,912 shares of the transportation company's stock, valued at approximately $5,817,000.

A number of other institutional investors have also bought and sold shares of the business. Wahed Invest LLC increased its holdings in United Airlines by 5.4% in the 4th quarter. Wahed Invest LLC now owns 2,106 shares of the transportation company's stock valued at $204,000 after acquiring an additional 108 shares during the last quarter. Metis Global Partners LLC raised its holdings in shares of United Airlines by 2.0% during the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company's stock worth $631,000 after acquiring an additional 129 shares in the last quarter. Hemington Wealth Management increased its position in United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after purchasing an additional 131 shares during the last quarter. Bell Investment Advisors Inc raised its stake in United Airlines by 60.3% during the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after purchasing an additional 135 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in United Airlines by 3.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,702 shares of the transportation company's stock valued at $359,000 after purchasing an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company's stock.

United Airlines Stock Up 0.9%

Shares of UAL traded up $0.68 during trading hours on Friday, hitting $79.25. The company had a trading volume of 7,485,235 shares, compared to its average volume of 7,634,918. The company's fifty day moving average price is $71.02 and its two-hundred day moving average price is $87.66. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The company has a market capitalization of $25.88 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 0.67 and a beta of 1.39.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company had revenue of $13.21 billion during the quarter, compared to analysts' expectations of $13.47 billion. As a group, equities analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UAL. Evercore ISI decreased their target price on shares of United Airlines from $145.00 to $100.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Barclays decreased their price target on United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Cantor Fitzgerald set a $88.00 price objective on shares of United Airlines in a research note on Tuesday, April 22nd. Susquehanna lowered their target price on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Finally, Wall Street Zen raised shares of United Airlines from a "buy" rating to a "strong-buy" rating in a research note on Friday. One investment analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target 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.