Calamos Advisors LLC Increases Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Calamos Advisors LLC lifted its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 36.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 895,684 shares of the transportation company's stock after acquiring an additional 240,224 shares during the period. Calamos Advisors LLC owned approximately 0.27% of United Airlines worth $36,956,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its position in United Airlines by 7.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 22,619 shares of the transportation company's stock worth $1,048,000 after purchasing an additional 1,663 shares during the period. Panagora Asset Management Inc. bought a new stake in United Airlines in the 1st quarter worth approximately $482,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in United Airlines by 6.6% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,326 shares of the transportation company's stock worth $2,009,000 after purchasing an additional 2,683 shares during the period. Great West Life Assurance Co. Can grew its position in United Airlines by 2.0% in the 1st quarter. Great West Life Assurance Co. Can now owns 72,334 shares of the transportation company's stock worth $3,503,000 after purchasing an additional 1,438 shares during the period. Finally, Vontobel Holding Ltd. grew its position in United Airlines by 81.9% in the 1st quarter. Vontobel Holding Ltd. now owns 14,960 shares of the transportation company's stock worth $694,000 after purchasing an additional 6,737 shares during the period. Institutional investors own 69.69% of the company's stock.

Wall Street Analysts Forecast Growth

UAL has been the subject of a number of research analyst reports. Morgan Stanley lifted their target price on shares of United Airlines from $75.00 to $80.00 and gave the stock an "overweight" rating in a research report on Thursday. Raymond James lifted their target price on shares of United Airlines from $66.00 to $70.00 and gave the company an "outperform" rating in a research note on Thursday. StockNews.com upgraded shares of United Airlines from a "sell" rating to a "hold" rating in a research note on Thursday. Bank of America boosted their price target on shares of United Airlines from $60.00 to $70.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Redburn Atlantic cut shares of United Airlines from a "buy" rating to a "neutral" rating and set a $50.00 target price on the stock. in a research report on Tuesday, February 13th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $66.53.

United Airlines Trading Up 5.5 %

Shares of NASDAQ:UAL traded up $2.68 during trading on Thursday, reaching $51.42. 38,625,511 shares of the company were exchanged, compared to its average volume of 10,297,553. The firm has a market capitalization of $16.91 billion, a PE ratio of 6.36, a P/E/G ratio of 0.58 and a beta of 1.55. The business's fifty day simple moving average is $44.29 and its 200-day simple moving average is $41.42. United Airlines Holdings, Inc. has a 12-month low of $33.68 and a 12-month high of $58.23. The company has a debt-to-equity ratio of 2.70, a current ratio of 0.83 and a quick ratio of 0.76.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings data on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.39. The company had revenue of $13.63 billion for the quarter, compared to analyst estimates of $13.55 billion. United Airlines had a net margin of 4.90% and a return on equity of 40.50%. United Airlines's revenue was up 9.9% compared to the same quarter last year. During the same period last year, the company posted $2.46 earnings per share. On average, research analysts anticipate that United Airlines Holdings, Inc. will post 9.46 EPS for the current year.

United Airlines Company 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.