Cwm LLC Acquires 435 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Cwm LLC lifted its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,532 shares of the transportation company’s stock after purchasing an additional 435 shares during the period. Cwm LLC’s holdings in United Airlines were worth $311,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in UAL. U S Global Investors Inc. raised its stake in shares of United Airlines by 31.9% during the 4th quarter. U S Global Investors Inc. now owns 4,159,899 shares of the transportation company’s stock worth $171,637,000 after purchasing an additional 1,005,170 shares during the period. Invesco Ltd. raised its stake in shares of United Airlines by 23.5% during the 3rd quarter. Invesco Ltd. now owns 4,649,616 shares of the transportation company’s stock worth $196,679,000 after purchasing an additional 885,199 shares during the period. Los Angeles Capital Management LLC raised its stake in shares of United Airlines by 1,993.1% during the 3rd quarter. Los Angeles Capital Management LLC now owns 861,835 shares of the transportation company’s stock worth $36,456,000 after purchasing an additional 820,660 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of United Airlines during the 3rd quarter worth $18,062,000. Finally, Todd Asset Management LLC bought a new stake in shares of United Airlines during the 3rd quarter worth $16,270,000. 69.69% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UAL has been the topic of a number of research reports. Bank of America boosted their price objective on United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, April 18th. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $58.00 to $65.00 in a research note on Friday, February 9th. UBS Group initiated coverage on United Airlines in a research note on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 price objective on the stock. Morgan Stanley boosted their price objective on United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Thursday, April 18th. Finally, TD Cowen boosted their price objective on United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, United Airlines has a consensus rating of “Moderate Buy” and a consensus target price of $66.53.

United Airlines Stock Up 2.0 %

Shares of NASDAQ UAL opened at $51.68 on Friday. United Airlines Holdings, Inc. has a 12 month low of $33.68 and a 12 month high of $58.23. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 2.52. The firm has a market capitalization of $16.99 billion, a price-to-earnings ratio of 6.39, a PEG ratio of 0.51 and a beta of 1.49. The business has a 50-day moving average of $46.20 and a 200-day moving average of $42.25.

Insider Transactions at United Airlines

In other news, EVP Kate Gebo sold 15,000 shares of the business’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total transaction of $762,900.00. Following the completion of the transaction, the executive vice president now owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.63% of the stock is owned by insiders.

United Airlines Company 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.