Natixis Advisors LLC Increases Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Natixis Advisors LLC increased its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 5.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 90,301 shares of the transportation company’s stock after acquiring an additional 4,621 shares during the quarter. Natixis Advisors LLC’s holdings in United Airlines were worth $8,768,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in UAL. Castle Hook Partners LP increased its holdings in United Airlines by 176.1% in the 3rd quarter. Castle Hook Partners LP now owns 4,245,120 shares of the transportation company’s stock worth $242,227,000 after acquiring an additional 2,707,442 shares during the last quarter. Rubric Capital Management LP purchased a new stake in United Airlines in the 3rd quarter worth about $63,486,000. Sanders Capital LLC increased its holdings in United Airlines by 12.4% in the 3rd quarter. Sanders Capital LLC now owns 9,457,587 shares of the transportation company’s stock worth $539,650,000 after acquiring an additional 1,040,589 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in United Airlines by 41.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company’s stock worth $177,604,000 after acquiring an additional 908,558 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in United Airlines by 1,492.8% during the 4th quarter. SG Americas Securities LLC now owns 912,019 shares of the transportation company’s stock valued at $88,557,000 after buying an additional 854,759 shares in the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Stock Performance

NASDAQ:UAL opened at $74.04 on Friday. The business has a 50 day moving average of $97.17 and a 200 day moving average of $84.91. The company has a market capitalization of $24.24 billion, a price-to-earnings ratio of 7.85, a PEG ratio of 0.67 and a beta of 1.41. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the previous year, the company posted $2.00 earnings per share. The business’s revenue was up 7.8% on a year-over-year basis. On average, sell-side analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on UAL. Barclays set a $140.00 target price on United Airlines and gave the company an “overweight” rating in a report on Wednesday, March 12th. Raymond James reaffirmed an “outperform” rating and set a $130.00 target price (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. Susquehanna reaffirmed a “hold” rating on shares of United Airlines in a report on Tuesday, February 25th. Citigroup lifted their target price on United Airlines from $98.00 to $122.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, TD Cowen lifted their target price on United Airlines from $142.00 to $165.00 and gave the company a “buy” rating in a report on Friday, January 24th. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, United Airlines has an average rating of “Buy” and a consensus target price of $112.75.

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.