Vontobel Holding Ltd. Has $3.26 Million Stock Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Vontobel Holding Ltd. reduced its stake in United Airlines Holdings, Inc. (NASDAQ:UAL) by 2.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 78,965 shares of the transportation company’s stock after selling 1,595 shares during the period. Vontobel Holding Ltd.’s holdings in United Airlines were worth $3,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its holdings in United Airlines by 7.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 22,619 shares of the transportation company’s stock worth $1,048,000 after purchasing an additional 1,663 shares during the last quarter. Panagora Asset Management Inc. bought a new position in United Airlines during the 1st quarter worth $482,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of United Airlines by 6.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,326 shares of the transportation company’s stock worth $2,009,000 after buying an additional 2,683 shares in the last quarter. Great West Life Assurance Co. Can grew its stake in shares of United Airlines by 2.0% in the first quarter. Great West Life Assurance Co. Can now owns 72,334 shares of the transportation company’s stock valued at $3,503,000 after acquiring an additional 1,438 shares in the last quarter. Finally, Sei Investments Co. increased its position in United Airlines by 1.0% during the first quarter. Sei Investments Co. now owns 92,345 shares of the transportation company’s stock worth $4,278,000 after acquiring an additional 921 shares during the period. 69.69% of the stock is owned by institutional investors.

United Airlines Stock Up 5.5 %

Shares of NASDAQ:UAL opened at $51.42 on Friday. United Airlines Holdings, Inc. has a 52-week low of $33.68 and a 52-week high of $58.23. The company has a market capitalization of $16.91 billion, a PE ratio of 6.36, a price-to-earnings-growth ratio of 0.70 and a beta of 1.55. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.76 and a current ratio of 0.75. The company has a fifty day moving average of $44.29 and a 200-day moving average of $41.42.

United Airlines (NASDAQ:UAL) last issued its earnings results on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.39. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The business had revenue of $13.63 billion during the quarter, compared to analysts’ expectations of $13.55 billion. During the same quarter in the prior year, the firm earned $2.46 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. On average, equities analysts predict that United Airlines Holdings, Inc. will post 9.3 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on UAL. Susquehanna boosted their price objective on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a report on Thursday. TD Cowen raised their price objective on United Airlines from $55.00 to $65.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and upped their target price for the company from $58.00 to $65.00 in a research report on Friday, February 9th. 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 objective for the company. Finally, Bank of America increased their price objective on shares of United Airlines from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $66.53.

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.