Savant Capital LLC Boosts Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Savant Capital LLC lifted its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 12.5% in the 4th quarter, HoldingsChannel reports. The firm owned 7,046 shares of the transportation company’s stock after buying an additional 784 shares during the quarter. Savant Capital LLC’s holdings in United Airlines were worth $291,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. NBC Securities Inc. bought a new position in United Airlines in the 3rd quarter worth approximately $25,000. Loomis Sayles & Co. L P lifted its holdings in United Airlines by 707.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock worth $26,000 after purchasing an additional 545 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new position in United Airlines during the 4th quarter valued at about $27,000. Venturi Wealth Management LLC lifted its holdings in shares of United Airlines by 72.1% in the fourth quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock worth $27,000 after buying an additional 274 shares in the last quarter. Finally, Clear Street Markets LLC grew its stake in United Airlines by 116.8% during the third quarter. Clear Street Markets LLC now owns 930 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 501 shares in the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

UAL has been the subject of several analyst reports. Morgan Stanley raised their price target on shares of United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Thursday, April 18th. StockNews.com upgraded United Airlines from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. Raymond James raised their target price on shares of United Airlines from $66.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Susquehanna raised their price objective on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a research report on Thursday, April 18th. Finally, Redburn Atlantic cut United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price on the stock. in a research note on Tuesday, February 13th. Four equities 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, the company currently has an average rating of “Moderate Buy” and a consensus target price of $66.53.

Insiders Place Their Bets

In other United Airlines news, EVP Kate Gebo sold 15,000 shares of the stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the completion of the sale, the executive vice president now owns 57,512 shares in the company, valued at approximately $2,925,060.32. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.63% of the company’s stock.

United Airlines Price Performance

Shares of United Airlines stock opened at $53.97 on Tuesday. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.69. United Airlines Holdings, Inc. has a one year low of $33.68 and a one year high of $58.23. The stock has a market capitalization of $17.75 billion, a P/E ratio of 6.67, a price-to-earnings-growth ratio of 0.51 and a beta of 1.49. The business’s 50 day simple moving average is $46.50 and its two-hundred day simple moving average is $42.52.

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.