Price T Rowe Associates Inc. MD Decreases Stock Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Price T Rowe Associates Inc. MD reduced its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 1.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,202,740 shares of the transportation company's stock after selling 11,950 shares during the period. Price T Rowe Associates Inc. MD owned approximately 0.37% of United Airlines worth $116,787,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC bought a new stake in shares of United Airlines in the 4th quarter worth about $137,000. Longbow Finance SA purchased a new stake in United Airlines in the 4th quarter worth about $9,359,000. KBC Group NV bought a new stake in United Airlines in the fourth quarter worth about $485,000. Bleakley Financial Group LLC boosted its position in shares of United Airlines by 293.7% during the fourth quarter. Bleakley Financial Group LLC now owns 23,458 shares of the transportation company's stock valued at $2,278,000 after buying an additional 17,499 shares during the period. Finally, Islay Capital Management LLC bought a new position in shares of United Airlines during the fourth quarter valued at approximately $790,000. 69.69% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on UAL. Cantor Fitzgerald set a $88.00 price objective on United Airlines in a report on Tuesday, April 22nd. Barclays lowered 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 note on Tuesday, April 8th. Susquehanna reduced their price target on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Bank of America lowered their price objective on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Finally, Jefferies Financial Group reduced their target price on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research report on Tuesday, April 1st. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $96.60.

United Airlines Trading Down 1.2 %

NASDAQ UAL opened at $68.20 on Monday. The company has a 50 day moving average price of $75.55 and a 200 day moving average price of $88.04. The firm has a market cap of $22.27 billion, a PE ratio of 7.23, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share 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 firm had revenue of $13.21 billion for the quarter, compared to the consensus estimate of $13.47 billion. As a group, sell-side analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal 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.

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