45,729 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Acquired by Moore Capital Management LP

Moore Capital Management LP bought a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 45,729 shares of the transportation company's stock, valued at approximately $4,440,000.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake 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 purchasing an additional 369,500 shares during the period. Capital International Investors grew its stake in shares of United Airlines by 6.3% during the 4th quarter. Capital International Investors now owns 21,261,443 shares of the transportation company's stock worth $2,064,825,000 after purchasing an additional 1,257,443 shares during the period. Sanders Capital LLC grew its stake in shares of United Airlines by 46.4% during 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 period. 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 worth $950,461,000 after purchasing an additional 1,791,654 shares during the period. Finally, Geode Capital Management LLC lifted its position 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 buying an additional 243,535 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Performance

Shares of UAL stock traded up $1.39 during trading hours on Friday, hitting $77.93. The stock had a trading volume of 6,406,310 shares, compared to its average volume of 7,594,415. United Airlines Holdings, Inc. has a twelve month low of $37.02 and a twelve month high of $116.00. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The stock's 50 day moving average is $70.52 and its 200 day moving average is $88.14. The firm has a market capitalization of $25.45 billion, a PE ratio of 8.26, a PEG ratio of 0.67 and a beta of 1.39.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on UAL. Evercore ISI dropped 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. Susquehanna cut their price objective on United Airlines from $90.00 to $81.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Bank of America decreased their target price on United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. Barclays reduced their target price on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Finally, Jefferies Financial Group decreased their price target on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $98.31.

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.