WINTON GROUP Ltd grew its holdings in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 59.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 55,259 shares of the transportation company’s stock after buying an additional 20,592 shares during the quarter. WINTON GROUP Ltd’s holdings in United Airlines were worth $6,179,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Legacy Wealth Managment LLC ID acquired a new position in shares of United Airlines in the 4th quarter valued at $25,000. JPL Wealth Management LLC acquired a new position in shares of United Airlines in the 3rd quarter valued at $29,000. BOCHK Asset Management Ltd acquired a new position in shares of United Airlines in the 4th quarter valued at $34,000. JFS Wealth Advisors LLC raised its stake in shares of United Airlines by 51.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the transportation company’s stock valued at $36,000 after buying an additional 108 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. raised its stake in shares of United Airlines by 1,304.3% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 323 shares of the transportation company’s stock valued at $36,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.
United Airlines Trading Up 0.8%
Shares of United Airlines stock opened at $105.73 on Friday. The stock has a market capitalization of $34.32 billion, a P/E ratio of 9.44, a price-to-earnings-growth ratio of 0.88 and a beta of 1.27. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 1.38. The company has a 50-day simple moving average of $97.18 and a 200 day simple moving average of $102.83. United Airlines Holdings Inc has a 12-month low of $71.55 and a 12-month high of $119.21.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on UAL shares. Susquehanna set a $135.00 price objective on shares of United Airlines in a research note on Thursday, April 23rd. Wall Street Zen upgraded shares of United Airlines from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. TD Cowen upgraded shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 18th. Jefferies Financial Group dropped their target price on shares of United Airlines from $118.00 to $112.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.59.
View Our Latest Stock Analysis on UAL
Insider Transactions at United Airlines
In other United Airlines news, EVP Kate Gebo sold 5,331 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total value of $562,473.81. Following the completion of the sale, the executive vice president owned 60,393 shares in the company, valued at approximately $6,372,065.43. This trade represents a 8.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Andrew P. Nocella sold 7,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $90.19, for a total transaction of $631,330.00. Following the completion of the sale, the executive vice president owned 215,345 shares of the company’s stock, valued at $19,421,965.55. The trade was a 3.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 47,000 shares of company stock valued at $4,848,263 in the last quarter. 0.86% of the stock is currently owned by corporate insiders.
United Airlines Company Profile
United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.
In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.
Recommended Stories
- Five stocks we like better than United Airlines
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding UAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Airlines Holdings Inc (NASDAQ:UAL – Free Report).
Receive News & Ratings for United Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Airlines and related companies with MarketBeat.com's FREE daily email newsletter.
