United Airlines Holdings, Inc. (NASDAQ:UAL) Holdings Decreased by J. Goldman & Co LP

J. Goldman & Co LP trimmed its position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 93.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,788 shares of the transportation company's stock after selling 430,641 shares during the quarter. J. Goldman & Co LP's holdings in United Airlines were worth $2,990,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UAL. Franklin Resources Inc. boosted its position in United Airlines by 214.7% during the 3rd quarter. Franklin Resources Inc. now owns 202,552 shares of the transportation company's stock valued at $11,558,000 after purchasing an additional 138,191 shares during the period. Principal Financial Group Inc. boosted its position in United Airlines by 3.2% during the 3rd quarter. Principal Financial Group Inc. now owns 378,214 shares of the transportation company's stock valued at $21,581,000 after purchasing an additional 11,601 shares during the period. First Hawaiian Bank acquired a new position in United Airlines during the 4th quarter worth $367,000. Czech National Bank boosted its position in United Airlines by 6.4% during the 4th quarter. Czech National Bank now owns 71,307 shares of the transportation company's stock worth $6,924,000 after acquiring an additional 4,320 shares during the period. Finally, Brookstone Capital Management acquired a new position in United Airlines during the 4th quarter worth $243,000. Institutional investors and hedge funds own 69.69% of the company's stock.

Analyst Upgrades and Downgrades

UAL has been the subject of a number of analyst reports. Cowen reiterated a "buy" rating on shares of United Airlines in a research report on Tuesday, April 22nd. Cantor Fitzgerald set a $88.00 price target on United Airlines in a research report on Tuesday, April 22nd. Jefferies Financial Group reduced their price target 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 note on Wednesday, April 2nd. Finally, Morgan Stanley boosted their price objective on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, United Airlines has an average rating of "Buy" and an average price target of $96.60.

United Airlines Stock Down 2.7%

Shares of United Airlines stock opened at $77.27 on Monday. The stock's fifty day moving average is $70.94 and its 200-day moving average is $88.22. The firm has a market capitalization of $25.24 billion, a PE ratio of 8.19, a price-to-earnings-growth ratio of 0.67 and a beta of 1.39. 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 12-month low of $37.02 and a 12-month 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 (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.16. The company had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. Equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

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.

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