United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Dendur Capital LP

Dendur Capital LP trimmed its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 20.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 374,000 shares of the transportation company's stock after selling 98,000 shares during the period. United Airlines accounts for about 3.7% of Dendur Capital LP's holdings, making the stock its 10th largest holding. Dendur Capital LP owned about 0.11% of United Airlines worth $36,315,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UAL. Proficio Capital Partners LLC acquired a new stake in shares of United Airlines in the 4th quarter worth $137,000. Longbow Finance SA purchased a new position in United Airlines during the fourth quarter worth about $9,359,000. KBC Group NV acquired a new position in shares of United Airlines in the 4th quarter valued at about $485,000. Bleakley Financial Group LLC lifted its holdings in shares of United Airlines by 293.7% during the 4th quarter. Bleakley Financial Group LLC now owns 23,458 shares of the transportation company's stock valued at $2,278,000 after acquiring an additional 17,499 shares in the last quarter. Finally, Islay Capital Management LLC purchased a new stake in shares of United Airlines in the fourth quarter worth about $790,000. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Stock Up 0.3 %

NASDAQ:UAL traded up $0.22 during trading hours on Monday, hitting $68.42. 2,696,281 shares of the stock traded hands, compared to its average volume of 8,867,146. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The firm has a market cap of $22.35 billion, a price-to-earnings ratio of 7.26, a PEG ratio of 0.67 and a beta of 1.19. The firm has a 50 day moving average price of $75.55 and a 200 day moving average price of $88.04.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. The company had revenue of $13.21 billion for the quarter, compared to the consensus estimate of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. Equities research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on UAL shares. Cantor Fitzgerald set a $88.00 target price on United Airlines in a research report on Tuesday, April 22nd. Morgan Stanley upped their price target on shares of United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Susquehanna cut their target price 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. Jefferies Financial Group lowered their price objective on United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a report on Tuesday, April 1st. Finally, JPMorgan Chase & Co. lifted their target price on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research report on Thursday, January 9th. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, United Airlines presently has an average 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.