TD Waterhouse Canada Inc. Has $771,000 Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

TD Waterhouse Canada Inc. raised its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 450.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,939 shares of the transportation company's stock after buying an additional 6,496 shares during the period. TD Waterhouse Canada Inc.'s holdings in United Airlines were worth $771,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in UAL. Sanders Capital LLC boosted its holdings in United Airlines by 46.4% in the 4th quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock valued at $1,344,671,000 after purchasing an additional 4,390,721 shares during the period. Boston Partners bought a new position in United Airlines during the fourth quarter valued at about $323,508,000. FMR LLC lifted its position in shares of United Airlines by 70.9% in the 4th quarter. FMR LLC now owns 7,268,775 shares of the transportation company's stock worth $705,798,000 after acquiring an additional 3,015,979 shares during the period. Capital World Investors grew its holdings in shares of United Airlines by 22.4% during the 4th quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock worth $950,461,000 after purchasing an additional 1,791,654 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of United Airlines in the fourth quarter valued at $170,732,000. Institutional investors and hedge funds own 69.69% of the company's stock.

Wall Street Analyst Weigh In

UAL has been the topic of several analyst reports. Raymond James lowered shares of United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. Susquehanna cut their price target on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. TD Cowen lifted their price objective on United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a report on Tuesday, April 22nd. Evercore ISI dropped their target price on United Airlines from $145.00 to $100.00 and set an "outperform" rating for the company in a report on Friday, April 11th. Finally, Cantor Fitzgerald set a $88.00 price target on United Airlines in a research note on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $96.60.

United Airlines Trading Down 1.1 %

UAL stock traded down $0.74 during trading on Wednesday, hitting $68.19. The company had a trading volume of 2,235,668 shares, compared to its average volume of 7,510,026. The stock has a market cap of $22.27 billion, a price-to-earnings ratio of 7.21, a PEG 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. The firm has a 50-day moving average price of $74.12 and a 200-day moving average price of $87.96. 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 issued its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.16. The business 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%. As a group, analysts predict 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.