Duality Advisers LP Acquires Shares of 34,975 United Airlines Holdings, Inc. (NASDAQ:UAL)

Duality Advisers LP bought a new position in United Airlines Holdings, Inc. (NASDAQ:UAL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 34,975 shares of the transportation company’s stock, valued at approximately $1,443,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. NBC Securities Inc. acquired a new position in shares of United Airlines during the third quarter valued at $25,000. Loomis Sayles & Co. L P grew its position in United Airlines by 707.8% in the 3rd quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock worth $26,000 after purchasing an additional 545 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of United Airlines in the fourth quarter valued at approximately $27,000. Venturi Wealth Management LLC raised its holdings in shares of United Airlines by 72.1% during the fourth quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock valued at $27,000 after buying an additional 274 shares during the last quarter. Finally, Clear Street Markets LLC grew its holdings in United Airlines by 116.8% in the 3rd quarter. Clear Street Markets LLC now owns 930 shares of the transportation company’s stock worth $39,000 after buying an additional 501 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at United Airlines

In related news, EVP Kate Gebo sold 15,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 57,512 shares of the company’s stock, valued at approximately $2,925,060.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.63% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have weighed in on UAL shares. Evercore ISI raised United Airlines from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $58.00 to $65.00 in a research note on Friday, February 9th. Redburn Atlantic downgraded shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 price objective for the company. in a report on Tuesday, February 13th. Raymond James increased their target price on shares of United Airlines from $66.00 to $70.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. StockNews.com upgraded shares of United Airlines from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, TD Cowen increased their price objective on shares of United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. 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.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $66.53.

United Airlines Stock Performance

UAL opened at $54.03 on Wednesday. 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 firm has a market cap of $17.77 billion, a PE ratio of 6.68, a P/E/G ratio of 0.53 and a beta of 1.55. The business has a fifty day simple moving average of $44.93 and a 200-day simple moving average of $41.67. United Airlines Holdings, Inc. has a fifty-two week low of $33.68 and a fifty-two week high of $58.23.

United Airlines (NASDAQ:UAL) last issued 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 return on equity of 39.85% and a net margin of 4.90%. The firm had revenue of $13.63 billion for the quarter, compared to analysts’ expectations of $13.55 billion. During the same quarter last year, the business posted $2.46 EPS. United Airlines’s revenue was up 9.9% on a year-over-year basis. As a group, equities analysts predict that United Airlines Holdings, Inc. will post 9.98 EPS for the current fiscal year.

About United Airlines

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.