United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by LSV Asset Management

LSV Asset Management lowered its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,415,797 shares of the transportation company’s stock after selling 19,900 shares during the period. LSV Asset Management owned approximately 1.04% of United Airlines worth $140,936,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of UAL. NBC Securities Inc. acquired a new stake in United Airlines during the 3rd quarter worth approximately $25,000. Loomis Sayles & Co. L P grew its holdings in United Airlines by 707.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 545 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in United Airlines by 72.1% in the 4th quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock worth $27,000 after buying an additional 274 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new position in United Airlines in the 4th quarter valued at about $27,000. Finally, Clear Street Markets LLC increased its position in shares of United Airlines by 116.8% during the third quarter. Clear Street Markets LLC now owns 930 shares of the transportation company’s stock worth $39,000 after acquiring an additional 501 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Insider Buying and Selling

In related news, EVP Kate Gebo sold 15,000 shares of the business’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 sale, the executive vice president now directly owns 57,512 shares in the company, valued at approximately $2,925,060.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.63% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on UAL shares. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $58.00 to $65.00 in a report 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 on the stock. in a research note on Tuesday, February 13th. UBS Group initiated coverage on shares of United Airlines in a research note on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 target price on the stock. TD Cowen lifted their price target on United Airlines from $55.00 to $65.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. Finally, Raymond James upped their price objective on United Airlines from $66.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $66.53.

United Airlines Price Performance

NASDAQ UAL traded down $0.03 on Friday, reaching $51.65. 7,315,511 shares of the stock traded hands, compared to its average volume of 14,607,024. United Airlines Holdings, Inc. has a 12 month low of $33.68 and a 12 month high of $58.23. 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’s fifty day simple moving average is $46.20 and its 200 day simple moving average is $42.25. The company has a market cap of $16.98 billion, a price-to-earnings ratio of 6.38, a P/E/G ratio of 0.51 and a beta of 1.49.

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.