Vanguard Personalized Indexing Management LLC Grows Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Vanguard Personalized Indexing Management LLC lifted its stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 76.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,926 shares of the transportation company's stock after acquiring an additional 20,724 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in United Airlines were worth $1,977,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of UAL. Allspring Global Investments Holdings LLC grew its position in United Airlines by 8.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 206,509 shares of the transportation company's stock worth $8,735,000 after acquiring an additional 15,624 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of United Airlines by 14.8% in the third quarter. Fifth Third Bancorp now owns 9,130 shares of the transportation company's stock worth $386,000 after buying an additional 1,176 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of United Airlines by 52.2% during the 3rd quarter. Wealthfront Advisers LLC now owns 71,474 shares of the transportation company's stock valued at $3,023,000 after acquiring an additional 24,503 shares during the last quarter. New Mexico Educational Retirement Board raised its stake in shares of United Airlines by 7.5% in the 3rd quarter. New Mexico Educational Retirement Board now owns 17,100 shares of the transportation company's stock valued at $723,000 after acquiring an additional 1,200 shares in the last quarter. Finally, Olympiad Research LP acquired a new stake in United Airlines in the 3rd quarter worth approximately $389,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UAL has been the topic of a number of recent analyst reports. UBS Group assumed coverage on shares of United Airlines in a research report on Wednesday, March 20th. They issued a "neutral" rating and a $47.00 price target on the stock. Bank of America upped their price target on shares of United Airlines from $60.00 to $70.00 and gave the company a "buy" rating in a report on Thursday, April 18th. Susquehanna boosted their price objective on United Airlines from $55.00 to $60.00 and gave the stock a "positive" rating in a research report on Thursday, April 18th. Wolfe Research raised United Airlines from a "peer perform" rating to an "outperform" rating and set a $76.00 target price on the stock in a report on Friday. Finally, HSBC began coverage on United Airlines in a report on Monday. They set a "buy" rating and a $69.20 price target for the company. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $67.25.

Insider Buying and Selling at United Airlines

In other United Airlines news, EVP Kate Gebo sold 15,000 shares of the firm's stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $50.86, for a total value of $762,900.00. Following the completion of the sale, the executive vice president now owns 57,512 shares in the company, valued at approximately $2,925,060.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.63% of the company's stock.

United Airlines Price Performance

United Airlines stock traded up $0.19 during mid-day trading on Friday, hitting $54.97. 7,156,388 shares of the company were exchanged, compared to its average volume of 9,861,732. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $58.23. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. The business has a fifty day moving average of $47.99 and a 200 day moving average of $43.46. The company has a market capitalization of $18.07 billion, a PE ratio of 6.80, a price-to-earnings-growth ratio of 0.54 and a beta of 1.49.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings results on Tuesday, April 16th. The transportation company reported ($0.15) EPS for the quarter, beating analysts' consensus estimates of ($0.53) by $0.38. The firm had revenue of $12.54 billion for the quarter, compared to analyst estimates of $12.43 billion. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. As a group, sell-side analysts expect that United Airlines Holdings, Inc. will post 9.93 earnings per share for the current year.

About United Airlines

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.