Atria Wealth Solutions Inc. Sells 12,667 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Atria Wealth Solutions Inc. reduced its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 50.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,444 shares of the transportation company’s stock after selling 12,667 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in United Airlines were worth $513,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. U S Global Investors Inc. lifted its position in United Airlines by 31.9% during the fourth quarter. U S Global Investors Inc. now owns 4,159,899 shares of the transportation company’s stock worth $171,637,000 after acquiring an additional 1,005,170 shares during the last quarter. Invesco Ltd. lifted its holdings in 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 last quarter. Los Angeles Capital Management LLC boosted its stake in United Airlines by 1,993.1% in the 3rd quarter. Los Angeles Capital Management LLC now owns 861,835 shares of the transportation company’s stock valued at $36,456,000 after purchasing an additional 820,660 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in United Airlines in the 3rd quarter valued at $18,062,000. Finally, Todd Asset Management LLC bought a new position in United Airlines during the 3rd quarter worth $16,270,000. 69.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Susquehanna upped their price target on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Thursday, April 18th. UBS Group initiated coverage on shares of United Airlines in a research report on Wednesday, March 20th. They set a “neutral” rating and a $47.00 target price on the stock. Redburn Atlantic downgraded shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 price target for the company. in a research report on Tuesday, February 13th. Bank of America increased their price target on United Airlines from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, April 18th. Finally, StockNews.com raised United Airlines from a “sell” rating to a “hold” rating in a report on Wednesday, April 24th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, United Airlines has an average rating of “Moderate Buy” and a consensus target price of $66.53.

Insider Transactions at United Airlines

In related news, EVP Kate Gebo sold 15,000 shares of United Airlines stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $50.86, for a total transaction of $762,900.00. Following the sale, the executive vice president now directly owns 57,512 shares of the company’s stock, valued at approximately $2,925,060.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.63% of the company’s stock.

United Airlines Price Performance

Shares of UAL stock opened at $51.65 on Monday. The business has a fifty day simple moving average of $46.32 and a 200 day simple moving average of $42.39. The company has a market cap of $16.98 billion, a P/E ratio of 6.38, a P/E/G ratio of 0.51 and a beta of 1.49. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. United Airlines Holdings, Inc. has a twelve month low of $33.68 and a twelve month high of $58.23.

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.