Savant Capital LLC Increases Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Savant Capital LLC lifted its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL) by 16.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,719 shares of the transportation company’s stock after buying an additional 1,614 shares during the quarter. Savant Capital LLC’s holdings in United Airlines were worth $1,138,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Moody National Bank Trust Division boosted its holdings in shares of United Airlines by 2.1% in the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock valued at $470,000 after purchasing an additional 98 shares during the period. Diversify Advisory Services LLC grew its position in shares of United Airlines by 2.2% during the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after buying an additional 101 shares in the last quarter. 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 valued at $75,000 after buying an additional 129 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of United Airlines by 25.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 710 shares of the transportation company’s stock valued at $69,000 after acquiring an additional 142 shares in the last quarter. Finally, Mather Group LLC. grew its holdings in United Airlines by 17.8% during the 4th quarter. Mather Group LLC. now owns 1,236 shares of the transportation company’s stock worth $120,000 after acquiring an additional 187 shares in the last quarter. 69.69% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on UAL shares. Dbs Bank raised shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. Melius Research raised United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. Raymond James reissued an “outperform” rating and issued a $130.00 price target (up from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. Barclays lifted their target price on United Airlines from $75.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Finally, Morgan Stanley increased their price target on shares of United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, United Airlines presently has an average rating of “Buy” and a consensus target price of $113.88.

Insider Buying and Selling

In related news, EVP Linda P. Jojo sold 60,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $95.12, for a total transaction of $5,707,200.00. Following the sale, the executive vice president now directly owns 63,599 shares of the company’s stock, valued at $6,049,536.88. This trade represents a 48.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.63% of the stock is currently owned by corporate insiders.

United Airlines Stock Performance

Shares of UAL opened at $104.26 on Friday. The stock has a 50-day moving average of $102.26 and a two-hundred day moving average of $76.95. 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 stock has a market cap of $34.29 billion, a P/E ratio of 11.06, a P/E/G ratio of 0.71 and a beta of 1.43. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00.

United Airlines (NASDAQ:UAL) last issued its 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 return on equity of 32.26% and a net margin of 5.52%. The firm had revenue of $14.70 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same quarter in the prior year, the firm earned $2.00 earnings per share. United Airlines’s revenue for the quarter was up 7.8% on a year-over-year basis. As a group, research analysts predict that United Airlines Holdings, Inc. will post 13.09 EPS for the current 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.