TD Asset Management Inc Cuts Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

TD Asset Management Inc reduced its holdings in United Airlines Holdings, Inc. (NASDAQ:UALFree Report) by 1.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,732 shares of the transportation company’s stock after selling 1,113 shares during the quarter. TD Asset Management Inc’s holdings in United Airlines were worth $3,372,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. acquired a new position in shares of United Airlines during the 3rd quarter worth $25,000. Amalgamated Bank increased its holdings in United Airlines by 43.8% in the third quarter. Amalgamated Bank now owns 117,634 shares of the transportation company’s stock valued at $4,976,000 after buying an additional 35,848 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of United Airlines by 2.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 44,497 shares of the transportation company’s stock valued at $1,882,000 after acquiring an additional 1,055 shares during the period. Pathstone Family Office LLC boosted its stake in shares of United Airlines by 133.2% during the 3rd quarter. Pathstone Family Office LLC now owns 12,666 shares of the transportation company’s stock worth $573,000 after acquiring an additional 7,235 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of United Airlines by 111.4% in the 3rd quarter. HighTower Advisors LLC now owns 66,185 shares of the transportation company’s stock worth $2,798,000 after acquiring an additional 34,883 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Stock Up 0.7 %

Shares of NASDAQ UAL opened at $53.30 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. The stock has a market capitalization of $17.53 billion, a PE ratio of 6.59, a P/E/G ratio of 0.52 and a beta of 1.47. The firm has a fifty day moving average of $50.36 and a 200-day moving average of $45.04. United Airlines Holdings, Inc. has a 52-week low of $33.68 and a 52-week high of $58.23.

United Airlines (NASDAQ:UALGet Free Report) last announced its quarterly earnings results on Tuesday, April 16th. The transportation company reported ($0.15) EPS for the quarter, topping the consensus estimate of ($0.53) by $0.38. The company had revenue of $12.54 billion during the quarter, compared to analyst estimates of $12.43 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. On average, analysts anticipate that United Airlines Holdings, Inc. will post 9.93 EPS for the current year.

Insider Activity at United Airlines

In other news, EVP Kate Gebo sold 15,000 shares of the stock in a transaction on Thursday, April 18th. The shares were 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 of the company’s stock, valued at $2,925,060.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.63% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UAL. HSBC initiated coverage on United Airlines in a report on Monday, May 13th. They set a “buy” rating and a $69.20 price objective for the company. Redburn Atlantic upgraded shares of United Airlines from a “neutral” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Thursday. Citigroup raised their target price on shares of United Airlines from $80.00 to $96.00 and gave the company a “buy” rating in a report on Wednesday, May 29th. UBS Group began coverage on 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, Susquehanna increased their target price on United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a report on Thursday, April 18th. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $70.89.

Read Our Latest Stock Report on UAL

About United Airlines

(Free Report)

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.

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Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

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