Duality Advisers LP Purchases New Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Duality Advisers LP bought a new position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 34,975 shares of the transportation company's stock, valued at approximately $1,443,000.

Other large investors have also bought and sold shares of the company. OLD National Bancorp IN increased its position in United Airlines by 4.2% in the 4th quarter. OLD National Bancorp IN now owns 146,314 shares of the transportation company's stock valued at $6,037,000 after acquiring an additional 5,877 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in United Airlines by 1.2% during the 4th quarter. Handelsbanken Fonder AB now owns 96,964 shares of the transportation company's stock worth $4,001,000 after buying an additional 1,180 shares in the last quarter. CWM LLC increased its stake in shares of United Airlines by 6.1% in the 4th quarter. CWM LLC now owns 7,532 shares of the transportation company's stock valued at $311,000 after buying an additional 435 shares during the period. abrdn plc raised its position in shares of United Airlines by 36.9% during the fourth quarter. abrdn plc now owns 51,799 shares of the transportation company's stock worth $2,137,000 after acquiring an additional 13,956 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. acquired a new position in shares of United Airlines during the fourth quarter valued at $27,000. 69.69% of the stock is currently owned by institutional investors.

Insider Buying and Selling at United Airlines

In other news, EVP Kate Gebo sold 15,000 shares of the business's stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $50.86, for a total value of $762,900.00. Following the sale, the executive vice president now owns 57,512 shares of the company's stock, valued at $2,925,060.32. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.63% of the company's stock.

Analyst Upgrades and Downgrades

UAL has been the topic of a number of research reports. TD Cowen upped their target price on shares of United Airlines from $55.00 to $65.00 and gave the company an "outperform" rating in a research report on Wednesday, January 24th. Redburn Atlantic cut shares of United Airlines from a "buy" rating to a "neutral" rating and set a $50.00 price objective on the stock. in a research note on Tuesday, February 13th. Evercore ISI upgraded shares of United Airlines from an "in-line" rating to an "outperform" rating and upped their target price for the company from $58.00 to $65.00 in a research report on Friday, February 9th. Bank of America raised their price target on United Airlines from $60.00 to $70.00 and gave the stock a "buy" rating in a research report on Thursday, April 18th. Finally, Susquehanna lifted their price objective on United Airlines from $55.00 to $60.00 and gave the stock a "positive" rating in a research note on Thursday, April 18th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $66.53.

United Airlines Stock Down 2.5 %

UAL traded down $1.36 during trading on Wednesday, reaching $52.67. The company had a trading volume of 10,030,310 shares, compared to its average volume of 10,505,023. The business's fifty day moving average price is $45.13 and its 200 day moving average price is $41.75. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.69. United Airlines Holdings, Inc. has a 12 month low of $33.68 and a 12 month high of $58.23. The company has a market cap of $17.32 billion, a P/E ratio of 6.51, a PEG ratio of 0.53 and a beta of 1.55.

United Airlines (NASDAQ:UAL - Get Free Report) last released its earnings results on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.61 by $0.39. The firm had revenue of $13.63 billion during the quarter, compared to analysts' expectations of $13.55 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The company's revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.46 EPS. Equities analysts anticipate that United Airlines Holdings, Inc. will post 9.98 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.