United Airlines Holdings, Inc. (NASDAQ:UAL) Stock Position Increased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 137.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 492,801 shares of the transportation company’s stock after purchasing an additional 285,198 shares during the quarter. Thrivent Financial for Lutherans owned about 0.15% of United Airlines worth $47,851,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of UAL. Bank of Jackson Hole Trust bought a new stake in United Airlines in the 4th quarter valued at about $25,000. Hemington Wealth Management raised its position in shares of United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after buying an additional 131 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of United Airlines during the 4th quarter worth about $32,000. Whipplewood Advisors LLC bought a new stake in shares of United Airlines during the 4th quarter worth about $32,000. Finally, Bell Investment Advisors Inc raised its position in shares of United Airlines by 60.3% during the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock worth $35,000 after buying an additional 135 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

United Airlines Stock Performance

Shares of UAL opened at $74.43 on Thursday. The company’s 50 day moving average price is $97.76 and its 200 day moving average price is $84.98. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00. The company has a market capitalization of $24.36 billion, a PE ratio of 7.89, a PEG ratio of 0.67 and a beta of 1.41. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data 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 firm had revenue of $14.70 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the previous year, the firm posted $2.00 earnings per share. The firm’s revenue was up 7.8% on a year-over-year basis. Research analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analysts Set New Price Targets

UAL has been the topic of a number of recent analyst reports. Dbs Bank upgraded shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. Melius Research upgraded shares of United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. Susquehanna restated a “hold” rating on shares of United Airlines in a research report on Tuesday, February 25th. Bank of America dropped their target price on shares of United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. Finally, UBS Group boosted their target price on shares of United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $114.95.

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.