Duality Advisers LP Makes New $1.44 Million Investment in United Airlines Holdings, Inc. (NASDAQ:UAL)

Duality Advisers LP purchased a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) in the fourth quarter, Holdings Channel.com reports. The firm purchased 34,975 shares of the transportation company’s stock, valued at approximately $1,443,000.

A number of other institutional investors also recently bought and sold shares of UAL. Measured Wealth Private Client Group LLC purchased a new position in United Airlines in the third quarter worth about $216,000. Czech National Bank boosted its stake in United Airlines by 47.6% during the 3rd quarter. Czech National Bank now owns 57,324 shares of the transportation company’s stock valued at $2,425,000 after purchasing an additional 18,498 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of United Airlines by 0.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 149,580 shares of the transportation company’s stock worth $6,327,000 after purchasing an additional 746 shares in the last quarter. Xponance Inc. raised its stake in shares of United Airlines by 2.8% in the third quarter. Xponance Inc. now owns 43,363 shares of the transportation company’s stock worth $1,834,000 after purchasing an additional 1,199 shares during the last quarter. Finally, Solitude Financial Services lifted its holdings in shares of United Airlines by 15.6% during the third quarter. Solitude Financial Services now owns 5,744 shares of the transportation company’s stock valued at $243,000 after purchasing an additional 773 shares in the last quarter. 69.69% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on UAL. Bank of America increased their price objective on shares of United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. UBS Group started coverage on shares of United Airlines in a research report on Wednesday, March 20th. They set a “neutral” rating and a $47.00 price target for the company. Susquehanna raised their price objective on shares of United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a report on Thursday, April 18th. Morgan Stanley upped their target price on shares of United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Thursday, April 18th. Finally, StockNews.com upgraded shares of United Airlines from a “sell” rating to a “hold” rating in a research report on Wednesday. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $66.53.

Insider Buying and Selling

In other news, EVP Kate Gebo sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $50.86, for a total transaction of $762,900.00. Following the transaction, the executive vice president now owns 57,512 shares of the company’s stock, valued at approximately $2,925,060.32. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.63% of the stock is currently owned by company insiders.

United Airlines Trading Up 0.2 %

UAL stock opened at $54.03 on Wednesday. The company has a market capitalization of $17.77 billion, a price-to-earnings ratio of 6.68, a PEG ratio of 0.53 and a beta of 1.55. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.69. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $58.23. The business has a 50 day simple moving average of $44.93 and a two-hundred day simple moving average of $41.67.

United Airlines (NASDAQ:UAL) last posted its earnings results on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.39. The company had revenue of $13.63 billion for the quarter, compared to the consensus estimate of $13.55 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.46 earnings per share. Research analysts anticipate that United Airlines Holdings, Inc. will post 9.98 EPS for the current fiscal year.

About United Airlines

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.