United Airlines Holdings, Inc. (NASDAQ:UAL) Stock Holdings Boosted by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. raised its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 1,026.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,976 shares of the transportation company’s stock after purchasing an additional 3,623 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in United Airlines were worth $167,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UAL. PNC Financial Services Group Inc. boosted its stake in United Airlines by 7.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 22,619 shares of the transportation company’s stock valued at $1,048,000 after purchasing an additional 1,663 shares in the last quarter. Panagora Asset Management Inc. acquired a new stake in shares of United Airlines during the 1st quarter valued at $482,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of United Airlines by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,326 shares of the transportation company’s stock valued at $2,009,000 after acquiring an additional 2,683 shares during the last quarter. Great West Life Assurance Co. Can lifted its position in shares of United Airlines by 2.0% during the 1st quarter. Great West Life Assurance Co. Can now owns 72,334 shares of the transportation company’s stock valued at $3,503,000 after acquiring an additional 1,438 shares during the last quarter. Finally, Vontobel Holding Ltd. lifted its position in shares of United Airlines by 81.9% during the 1st quarter. Vontobel Holding Ltd. now owns 14,960 shares of the transportation company’s stock valued at $694,000 after acquiring an additional 6,737 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

United Airlines Trading Up 5.5 %

NASDAQ UAL opened at $51.42 on Friday. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $58.23. The company has a current ratio of 0.75, a quick ratio of 0.76 and a debt-to-equity ratio of 2.52. The company has a market capitalization of $16.91 billion, a PE ratio of 6.36, a price-to-earnings-growth ratio of 0.70 and a beta of 1.55. The firm’s fifty day simple moving average is $44.29 and its 200-day simple moving average is $41.42.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.39. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The business had revenue of $13.63 billion for the quarter, compared to the consensus estimate of $13.55 billion. During the same period in the prior year, the business posted $2.46 earnings per share. United Airlines’s revenue for the quarter was up 9.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that United Airlines Holdings, Inc. will post 9.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on UAL shares. Bank of America increased their price objective on United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $58.00 to $65.00 in a research report on Friday, February 9th. UBS Group started 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. TD Cowen increased their target price on United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. 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. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.53.

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.