Jump Financial LLC Sells 259,553 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Jump Financial LLC trimmed its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 86.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,627 shares of the transportation company’s stock after selling 259,553 shares during the period. Jump Financial LLC’s holdings in United Airlines were worth $4,042,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Sanders Capital LLC increased its position in shares of United Airlines by 46.4% during the fourth quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company’s stock valued at $1,344,671,000 after purchasing an additional 4,390,721 shares during the period. Boston Partners bought a new stake in United Airlines in the 4th quarter valued at $323,508,000. FMR LLC raised its stake in shares of United Airlines by 70.9% in the 4th quarter. FMR LLC now owns 7,268,775 shares of the transportation company’s stock valued at $705,798,000 after buying an additional 3,015,979 shares in the last quarter. Norges Bank bought a new position in shares of United Airlines during the 4th quarter worth about $170,732,000. Finally, Prudential Financial Inc. boosted its position 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 acquiring an additional 879,992 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on UAL shares. JPMorgan Chase & Co. increased their price target on shares of United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. TD Cowen raised their target price on United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Morgan Stanley boosted their price target on United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Evercore ISI dropped their price objective on United Airlines from $145.00 to $100.00 and set an “outperform” rating for the company in a research note on Friday, April 11th. Finally, Susquehanna reduced their target price on shares of United Airlines from $130.00 to $90.00 and set a “positive” rating on the stock in a research note on Monday, April 7th. Three investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $102.01.

United Airlines Stock Down 0.0 %

NASDAQ UAL opened at $66.99 on Thursday. The stock has a market capitalization of $21.93 billion, a P/E ratio of 7.10, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The stock has a fifty day moving average of $80.67 and a 200-day moving average of $87.19.

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

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.