Russell Investments Group Ltd. Purchases 63,913 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Russell Investments Group Ltd. boosted its stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 33.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 254,719 shares of the transportation company's stock after purchasing an additional 63,913 shares during the period. Russell Investments Group Ltd. owned about 0.08% of United Airlines worth $10,510,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. NBC Securities Inc. acquired a new stake in shares of United Airlines during the third quarter worth $25,000. Loomis Sayles & Co. L P boosted its position in United Airlines by 707.8% during the third quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company's stock valued at $26,000 after acquiring an additional 545 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in United Airlines by 72.1% during the 4th quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company's stock worth $27,000 after acquiring an additional 274 shares during the period. Wetzel Investment Advisors Inc. bought a new position in shares of United Airlines in the 4th quarter worth about $27,000. Finally, Clear Street Markets LLC lifted its stake in shares of United Airlines by 116.8% in the 3rd quarter. Clear Street Markets LLC now owns 930 shares of the transportation company's stock valued at $39,000 after purchasing an additional 501 shares during the period. 69.69% of the stock is owned by institutional investors.

Insider Buying and Selling at United Airlines

In related news, EVP Kate Gebo sold 15,000 shares of the company's stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the sale, the executive vice president now directly 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 available through the SEC website. Corporate insiders own 0.63% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on UAL shares. Morgan Stanley raised their price target on shares of United Airlines from $75.00 to $80.00 and gave the stock an "overweight" rating in a report on Thursday, April 18th. UBS Group began coverage on United Airlines in a research report on Wednesday, March 20th. They issued a "neutral" rating and a $47.00 target price for the company. Evercore ISI upgraded United Airlines from an "in-line" rating to an "outperform" rating and increased their price target for the stock from $58.00 to $65.00 in a report on Friday, February 9th. TD Cowen boosted their price objective on United Airlines from $55.00 to $65.00 and gave the company an "outperform" rating in a report on Wednesday, January 24th. Finally, Bank of America increased their target price on United Airlines from $60.00 to $70.00 and gave the stock a "buy" rating in a report on Thursday, April 18th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat.com, United Airlines presently has an average rating of "Moderate Buy" and a consensus price target of $66.53.

United Airlines Trading Up 4.5 %

Shares of UAL traded up $2.32 during trading hours on Monday, hitting $53.97. The company had a trading volume of 8,711,561 shares, compared to its average volume of 10,249,930. The firm has a market cap of $17.75 billion, a P/E ratio of 6.38, a P/E/G ratio of 0.51 and a beta of 1.49. United Airlines Holdings, Inc. has a 52-week low of $33.68 and a 52-week high of $58.23. The stock's 50 day moving average price is $46.32 and its 200 day moving average price is $42.39. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.52.

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.