United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by NWI Management LP

NWI Management LP lessened its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 37.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 235,000 shares of the transportation company’s stock after selling 140,000 shares during the period. United Airlines makes up approximately 0.3% of NWI Management LP’s portfolio, making the stock its 22nd biggest holding. NWI Management LP owned 0.07% of United Airlines worth $11,252,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. JB Capital LLC acquired a new stake in shares of United Airlines in the fourth quarter valued at about $201,000. Benjamin F. Edwards & Company Inc. raised its position in shares of United Airlines by 318.4% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,778 shares of the transportation company’s stock valued at $74,000 after acquiring an additional 1,353 shares in the last quarter. Jade Capital Advisors LLC acquired a new stake in shares of United Airlines during the 4th quarter valued at approximately $7,145,000. Duality Advisers LP acquired a new stake in shares of United Airlines during the 4th quarter valued at approximately $1,443,000. Finally, Texas Permanent School Fund Corp increased its position in United Airlines by 1.0% in the first quarter. Texas Permanent School Fund Corp now owns 67,719 shares of the transportation company’s stock worth $3,242,000 after buying an additional 669 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. StockNews.com raised United Airlines from a “sell” rating to a “hold” rating in a research note on Wednesday, April 24th. Citigroup raised their target price on United Airlines from $80.00 to $96.00 and gave the company a “buy” rating in a research note on Wednesday, May 29th. Morgan Stanley increased their price target on United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, April 18th. Jefferies Financial Group upgraded United Airlines from a “hold” rating to a “buy” rating and increased their price target for the company from $54.00 to $65.00 in a research report on Wednesday, May 29th. Finally, Bank of America increased their price target on United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $72.20.

United Airlines Trading Up 1.4 %

NASDAQ:UAL traded up $0.65 on Friday, reaching $47.37. The company’s stock had a trading volume of 5,867,063 shares, compared to its average volume of 7,843,813. The firm has a market cap of $15.58 billion, a PE ratio of 5.86, a PEG ratio of 0.77 and a beta of 1.44. The business’s 50-day moving average price is $49.53 and its two-hundred day moving average price is $46.93. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.71 and a current ratio of 0.77. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $56.17.

United Airlines (NASDAQ:UAL) last released its earnings results on Wednesday, July 17th. The transportation company reported $4.14 earnings per share for the quarter, beating the consensus estimate of $3.97 by $0.17. United Airlines had a net margin of 5.28% and a return on equity of 33.90%. The business had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same period last year, the business earned $5.03 earnings per share. The firm’s revenue was up 5.7% on a year-over-year basis. Equities research analysts anticipate that United Airlines Holdings, Inc. will post 9.62 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.