United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Bought by US Bancorp DE

US Bancorp DE raised its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL) by 15.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,778 shares of the transportation company’s stock after purchasing an additional 1,817 shares during the quarter. US Bancorp DE’s holdings in United Airlines were worth $1,338,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Moody National Bank Trust Division increased its stake in shares of United Airlines by 2.1% during the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock worth $470,000 after acquiring an additional 98 shares during the period. Diversify Advisory Services LLC increased its stake in shares of United Airlines by 2.2% during the fourth quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after acquiring an additional 101 shares during the period. Huntington National Bank increased its stake in shares of United Airlines by 10.8% during the third quarter. Huntington National Bank now owns 1,321 shares of the transportation company’s stock worth $75,000 after acquiring an additional 129 shares during the period. Hemington Wealth Management increased its stake in shares of United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after acquiring an additional 131 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of United Airlines by 25.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 710 shares of the transportation company’s stock worth $69,000 after acquiring an additional 142 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Stock Performance

NASDAQ:UAL opened at $82.88 on Friday. The firm has a 50 day simple moving average of $101.72 and a 200-day simple moving average of $83.24. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The firm has a market cap of $27.13 billion, a PE ratio of 8.79, a P/E/G ratio of 0.67 and a beta of 1.41. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. The business had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.00 earnings per share. On average, equities analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on UAL shares. Citigroup boosted their price objective on shares of United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays boosted their price objective on shares of United Airlines from $75.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. Melius Research raised shares of United Airlines to a “strong-buy” rating in a report on Monday, December 2nd. Dbs Bank raised shares of United Airlines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 26th. Finally, Morgan Stanley boosted their price objective on shares of United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $113.88.

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.