Deutsche Bank AG Sells 434,886 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Deutsche Bank AG cut its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 25.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,263,242 shares of the transportation company's stock after selling 434,886 shares during the period. Deutsche Bank AG owned 0.38% of United Airlines worth $122,661,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Franklin Resources Inc. increased its holdings in United Airlines by 214.7% in 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 in the last quarter. Principal Financial Group Inc. grew its stake in United Airlines by 3.2% in the third quarter. Principal Financial Group Inc. now owns 378,214 shares of the transportation company's stock worth $21,581,000 after purchasing an additional 11,601 shares in the last quarter. First Hawaiian Bank acquired a new position in United Airlines in the fourth quarter worth about $367,000. Czech National Bank grew its stake in United Airlines by 6.4% in the fourth quarter. Czech National Bank now owns 71,307 shares of the transportation company's stock worth $6,924,000 after purchasing an additional 4,320 shares in the last quarter. Finally, Brookstone Capital Management acquired a new position in United Airlines in the fourth quarter valued at approximately $243,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Trading Up 5.1%

NASDAQ UAL traded up $3.98 on Tuesday, hitting $82.60. The company's stock had a trading volume of 10,141,488 shares, compared to its average volume of 7,585,449. United Airlines Holdings, Inc. has a 52-week low of $37.02 and a 52-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 company's 50-day simple moving average is $70.62 and its 200 day simple moving average is $88.20. The firm has a market cap of $26.98 billion, a P/E ratio of 8.76, a PEG ratio of 0.67 and a beta of 1.39.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $13.21 billion during the quarter, compared to analysts' expectations of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. Research analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UAL has been the subject of a number of research reports. Cowen restated a "buy" rating on shares of United Airlines in a research note on Tuesday, April 22nd. Evercore ISI cut their target price 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. Jefferies Financial Group cut their price objective 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. TD Cowen increased their price objective on United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a research report on Tuesday, April 22nd. Finally, Barclays cut their target price on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Two 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 stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target 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.