Tower Research Capital LLC TRC Increases Stock Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Tower Research Capital LLC TRC raised its stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 219.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,335 shares of the transportation company's stock after purchasing an additional 16,714 shares during the period. Tower Research Capital LLC TRC's holdings in United Airlines were worth $2,363,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UAL. MML Investors Services LLC boosted its position in shares of United Airlines by 70.9% in the 4th quarter. MML Investors Services LLC now owns 18,042 shares of the transportation company's stock valued at $1,752,000 after purchasing an additional 7,484 shares during the period. MetLife Investment Management LLC lifted its stake in United Airlines by 1.8% in the fourth quarter. MetLife Investment Management LLC now owns 87,017 shares of the transportation company's stock valued at $8,449,000 after buying an additional 1,542 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of United Airlines in the fourth quarter valued at approximately $2,291,000. Capital World Investors grew its position in shares of United Airlines by 22.4% during the fourth quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock worth $950,461,000 after acquiring an additional 1,791,654 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of United Airlines by 7.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,885,009 shares of the transportation company's stock valued at $571,490,000 after acquiring an additional 392,610 shares during the period. Institutional investors and hedge funds own 69.69% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on UAL shares. Morgan Stanley increased their price target on shares of United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Bank of America decreased their target price on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research note on Thursday, April 3rd. Cantor Fitzgerald set a $88.00 price target on United Airlines in a research report on Tuesday, April 22nd. TD Cowen increased their price objective 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, Susquehanna dropped their target price on United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Two 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 stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $96.60.

United Airlines Price Performance

UAL stock traded up $0.97 during trading on Monday, reaching $69.17. 2,067,851 shares of the company were exchanged, compared to its average volume of 7,521,649. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The stock's 50 day moving average price is $75.55 and its 200 day moving average price is $88.04. United Airlines Holdings, Inc. has a 52-week low of $37.02 and a 52-week high of $116.00. The company has a market cap of $22.59 billion, a P/E ratio of 7.34, a PEG ratio of 0.67 and a beta of 1.19.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The business had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. As a group, analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal 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.