Jump Financial LLC Has $4.04 Million Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Jump Financial LLC reduced its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 86.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 41,627 shares of the transportation company’s stock after selling 259,553 shares during the quarter. Jump Financial LLC’s holdings in United Airlines were worth $4,042,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in United Airlines by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 36,547,863 shares of the transportation company’s stock valued at $3,548,797,000 after purchasing an additional 369,500 shares during the period. Sanders Capital LLC boosted its position in shares of United Airlines by 46.4% during the fourth quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company’s stock worth $1,344,671,000 after purchasing an additional 4,390,721 shares in the last quarter. Geode Capital Management LLC increased its position in shares of United Airlines by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 8,554,755 shares of the transportation company’s stock valued at $840,533,000 after buying an additional 243,535 shares in the last quarter. FMR LLC raised its stake in United Airlines by 70.9% during the 4th quarter. FMR LLC now owns 7,268,775 shares of the transportation company’s stock worth $705,798,000 after buying an additional 3,015,979 shares during the period. Finally, Boston Partners bought a new position in United Airlines during the fourth quarter worth about $323,508,000. 69.69% of the stock is owned by institutional investors.

United Airlines Price Performance

Shares of UAL opened at $66.99 on Thursday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The company’s fifty day simple moving average is $80.67 and its 200 day simple moving average is $87.19. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00. The company has a market cap of $21.93 billion, a price-to-earnings ratio of 7.10, a PEG ratio of 0.67 and a beta of 1.19.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.16. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. On average, research analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on UAL shares. Raymond James downgraded United Airlines from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 2nd. Bank of America dropped their target price on shares of United Airlines from $110.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, April 3rd. Evercore ISI reduced their price target on shares of United Airlines from $145.00 to $100.00 and set an “outperform” rating for the company in a report on Friday, April 11th. Morgan Stanley increased their price objective 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. Finally, JPMorgan Chase & Co. upped their target price on shares of United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. Three analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $102.01.

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.