UniSuper Management Pty Ltd Has $2.44 Million Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

UniSuper Management Pty Ltd lessened its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 9.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,140 shares of the transportation company’s stock after selling 2,562 shares during the period. UniSuper Management Pty Ltd’s holdings in United Airlines were worth $2,441,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. WINTON GROUP Ltd lifted its stake in United Airlines by 166.1% during the fourth quarter. WINTON GROUP Ltd now owns 123,451 shares of the transportation company’s stock worth $11,987,000 after purchasing an additional 77,061 shares during the last quarter. Ausdal Financial Partners Inc. acquired a new position in shares of United Airlines during the 4th quarter worth $347,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of United Airlines during the 4th quarter worth $36,000. Signature Estate & Investment Advisors LLC acquired a new stake in United Airlines in the fourth quarter valued at about $300,000. Finally, Prudential Financial Inc. grew its position in United Airlines by 310.2% in the fourth quarter. Prudential Financial Inc. now owns 1,163,709 shares of the transportation company’s stock valued at $112,996,000 after acquiring an additional 879,992 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on UAL. Melius Research raised shares of United Airlines to a “strong-buy” rating in a report on Monday, December 2nd. TD Cowen increased their price objective on shares of United Airlines from $142.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Barclays set a $140.00 target price on shares of United Airlines and gave the stock an “overweight” rating in a research note on Wednesday, March 12th. UBS Group dropped their price target on United Airlines from $140.00 to $107.00 and set a “buy” rating for the company in a research note on Thursday, March 20th. Finally, Morgan Stanley boosted their price objective on United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $112.75.

United Airlines Trading Down 4.5 %

NASDAQ:UAL opened at $70.23 on Friday. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00. 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 firm’s fifty day moving average is $93.52 and its 200-day moving average is $86.45. The firm has a market cap of $22.99 billion, a P/E ratio of 7.45, a P/E/G ratio of 0.67 and a beta of 1.41.

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

United Airlines Company 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.