4,520 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Bought by Townsquare Capital LLC

Townsquare Capital LLC acquired a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 4,520 shares of the transportation company’s stock, valued at approximately $439,000.

Other large investors have also recently made changes to their positions in the company. Boston Partners purchased a new position in United Airlines in the 4th quarter valued at approximately $323,508,000. FMR LLC boosted its holdings in shares of United Airlines by 70.9% in the fourth quarter. FMR LLC now owns 7,268,775 shares of the transportation company’s stock worth $705,798,000 after acquiring an additional 3,015,979 shares during the period. Norges Bank purchased a new position in shares of United Airlines in the fourth quarter valued at $170,732,000. Prudential Financial Inc. raised its stake in shares of United Airlines by 310.2% during the 4th quarter. Prudential Financial Inc. now owns 1,163,709 shares of the transportation company’s stock valued at $112,996,000 after purchasing an additional 879,992 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in United Airlines by 1,492.8% during the 4th quarter. SG Americas Securities LLC now owns 912,019 shares of the transportation company’s stock worth $88,557,000 after purchasing an additional 854,759 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on UAL. Barclays cut their price objective on shares of United Airlines from $140.00 to $94.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. TD Cowen raised their price target on shares of United Airlines from $142.00 to $165.00 and gave the company a “buy” rating in a report on Friday, January 24th. Evercore ISI decreased their price target on shares of United Airlines from $145.00 to $100.00 and set an “outperform” rating on the stock in a report on Friday, April 11th. Susquehanna dropped their price objective on United Airlines from $90.00 to $81.00 and set a “positive” rating for the company in a research note on Thursday. Finally, UBS Group upped their target price on United Airlines from $59.00 to $67.00 and gave the stock a “neutral” rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, United Airlines presently has an average rating of “Moderate Buy” and an average target price of $101.95.

United Airlines Stock Performance

NASDAQ UAL opened at $66.30 on Monday. The firm has a market cap of $21.73 billion, a price-to-earnings ratio of 7.03, a PEG ratio of 0.67 and a beta of 1.19. The company has a 50-day simple moving average of $79.13 and a two-hundred day simple moving average of $87.76. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00.

United Airlines (NASDAQ:UAL) last issued its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The company had revenue of $13.21 billion during the quarter, compared to analysts’ expectations of $13.47 billion. On average, equities analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

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.