Fielder Capital Group LLC Purchases Shares of 2,181 United Airlines Holdings, Inc. (NASDAQ:UAL)

Fielder Capital Group LLC acquired a new position in United Airlines Holdings, Inc. (NASDAQ:UAL) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 2,181 shares of the transportation company’s stock, valued at approximately $212,000.

Several other large investors have also recently modified their holdings of UAL. State Street Corp grew its stake in shares of United Airlines by 0.8% during the third quarter. State Street Corp now owns 10,320,253 shares of the transportation company’s stock worth $588,874,000 after acquiring an additional 78,470 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in United Airlines by 41.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company’s stock worth $177,604,000 after purchasing an additional 908,558 shares during the last quarter. MidWestOne Financial Group Inc. increased its stake in United Airlines by 28.0% during the 3rd quarter. MidWestOne Financial Group Inc. now owns 53,704 shares of the transportation company’s stock valued at $3,064,000 after purchasing an additional 11,743 shares in the last quarter. Longbow Finance SA purchased a new position in shares of United Airlines in the fourth quarter worth $9,359,000. Finally, KBC Group NV acquired a new stake in shares of United Airlines during the fourth quarter worth $485,000. Institutional investors own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on UAL shares. Melius Research raised United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. TD Cowen increased their price objective on United Airlines from $142.00 to $165.00 and gave the company a “buy” rating in a report on Friday, January 24th. Susquehanna restated a “hold” rating on shares of United Airlines in a research note on Tuesday. UBS Group upped their target price on United Airlines from $139.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. Finally, Morgan Stanley raised their price target on shares of United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $113.88.

United Airlines Price Performance

United Airlines stock opened at $92.17 on Friday. The company has a fifty day simple moving average of $103.07 and a 200-day simple moving average of $80.98. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $30.31 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 0.67 and a beta of 1.43. United Airlines Holdings, Inc. has a 52-week low of $37.02 and a 52-week high of $116.00.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. The company had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. United Airlines’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.00 EPS. On average, equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

United Airlines 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.