Susquehanna Fundamental Investments LLC Buys New Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Susquehanna Fundamental Investments LLC purchased a new position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 236,943 shares of the transportation company's stock, valued at approximately $23,007,000. Susquehanna Fundamental Investments LLC owned 0.07% of United Airlines at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UAL. Moody National Bank Trust Division boosted its position in shares of United Airlines by 2.1% during the 4th quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company's stock valued at $470,000 after acquiring an additional 98 shares during the last quarter. Diversify Advisory Services LLC boosted its position in shares of United Airlines by 2.2% during the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company's stock valued at $508,000 after acquiring an additional 101 shares during the last quarter. Metis Global Partners LLC boosted its position in shares of United Airlines by 2.0% during the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company's stock valued at $631,000 after acquiring an additional 129 shares during the last quarter. Hemington Wealth Management boosted its position in shares of United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $30,000 after acquiring an additional 131 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its position in shares of United Airlines by 60.3% during the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after acquiring an additional 135 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors.

United Airlines Trading Up 0.1 %

United Airlines stock traded up $0.09 during trading hours on Tuesday, hitting $68.93. The company had a trading volume of 4,889,697 shares, compared to its average volume of 7,530,247. The firm has a market cap of $22.51 billion, a P/E ratio of 7.31, a P/E/G ratio of 0.67 and a beta of 1.19. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The company has a 50-day moving average price of $74.79 and a two-hundred day moving average price of $88.09.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly 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 net margin of 5.52% and a return on equity of 32.26%. The firm had revenue of $13.21 billion during the quarter, compared to analysts' expectations of $13.47 billion. On average, sell-side analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Jefferies Financial Group lowered their target price on United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research report on Tuesday, April 1st. Raymond James downgraded United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. UBS Group raised their price target on United Airlines from $59.00 to $67.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. TD Cowen raised their price target on United Airlines from $73.00 to $88.00 and gave the stock a "buy" rating in a research report on Tuesday, April 22nd. Finally, Evercore ISI lowered their price target on United Airlines from $145.00 to $100.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $96.60.

United Airlines 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.