Natixis Advisors LLC grew its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 15.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,026 shares of the transportation company’s stock after purchasing an additional 9,082 shares during the quarter. Natixis Advisors LLC’s holdings in United Airlines were worth $7,718,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in UAL. Fielder Capital Group LLC lifted its position in United Airlines by 5.4% during the fourth quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock worth $276,000 after buying an additional 127 shares in the last quarter. Root Financial Partners LLC boosted its position in shares of United Airlines by 5.3% during the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock valued at $206,000 after acquiring an additional 93 shares during the last quarter. BW Gestao de Investimentos Ltda. acquired a new position in shares of United Airlines during the 4th quarter valued at about $8,386,000. Peapack Gladstone Financial Corp boosted its position in shares of United Airlines by 12.3% during the 4th quarter. Peapack Gladstone Financial Corp now owns 3,876 shares of the transportation company’s stock valued at $433,000 after acquiring an additional 424 shares during the last quarter. Finally, Rothschild Wealth LLC acquired a new position in shares of United Airlines during the 4th quarter valued at about $233,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.
United Airlines Price Performance
Shares of NASDAQ:UAL opened at $105.73 on Monday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.70 and a quick ratio of 0.64. The firm has a market capitalization of $34.32 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 0.88 and a beta of 1.27. The firm’s 50-day moving average is $97.18 and its two-hundred day moving average is $102.92. United Airlines Holdings Inc has a 1 year low of $71.55 and a 1 year high of $119.21.
Wall Street Analyst Weigh In
UAL has been the topic of several recent research reports. BMO Capital Markets boosted their price target on shares of United Airlines from $110.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Citigroup lowered their price target on shares of United Airlines from $155.00 to $132.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. UBS Group boosted their price target on shares of United Airlines from $139.00 to $148.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Morgan Stanley boosted their price target on shares of United Airlines from $150.00 to $182.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of United Airlines in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, United Airlines presently has a consensus rating of “Moderate Buy” and an average price target of $134.59.
Read Our Latest Report on United Airlines
Insider Buying and Selling
In related news, EVP Andrew P. Nocella sold 7,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $90.19, for a total transaction of $631,330.00. Following the sale, the executive vice president directly owned 215,345 shares in the company, valued at approximately $19,421,965.55. This represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kate Gebo sold 5,331 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total value of $562,473.81. Following the completion of the transaction, the executive vice president directly owned 60,393 shares of the company’s stock, valued at $6,372,065.43. This trade represents a 8.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 47,000 shares of company stock worth $4,848,263 over the last 90 days. Insiders own 0.86% of the company’s stock.
United Airlines Company Profile
United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.
In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.
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