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

O Shaughnessy Asset Management LLC trimmed its stake in United Airlines Holdings, Inc. (NASDAQ:UAL – Free Report) by 5.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,063 shares of the transportation company’s stock after selling 1,175 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in United Airlines were worth $1,008,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. U S Global Investors Inc. raised its holdings in United Airlines by 31.9% in the 4th quarter. U S Global Investors Inc. now owns 4,159,899 shares of the transportation company’s stock valued at $171,637,000 after acquiring an additional 1,005,170 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of United Airlines by 24.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,143,202 shares of the transportation company’s stock worth $170,974,000 after acquiring an additional 812,257 shares during the period. Par Capital Management Inc. boosted its position in shares of United Airlines by 7.2% in the fourth quarter. Par Capital Management Inc. now owns 2,223,400 shares of the transportation company’s stock worth $91,737,000 after acquiring an additional 150,000 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of United Airlines by 1.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,725,062 shares of the transportation company’s stock worth $71,176,000 after acquiring an additional 26,488 shares during the last quarter. Finally, Patient Capital Management LLC raised its stake in United Airlines by 11.9% during the fourth quarter. Patient Capital Management LLC now owns 1,221,053 shares of the transportation company’s stock worth $50,381,000 after purchasing an additional 129,981 shares during the period. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

United Airlines Trading Up 1.4 %
NASDAQ UAL opened at $47.37 on Friday. The company has a market capitalization of $15.58 billion, a price-to-earnings ratio of 5.86, a price-to-earnings-growth ratio of 0.76 and a beta of 1.44. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.77, and a quick ratio of 0.71. United Airlines Holdings, Inc. has a 12-month low of $33.68 and a 12-month high of $56.17. The company’s fifty-day moving average price is $49.53 and its two-hundred-day moving average price is $46.89.

United Airlines (NASDAQ:UAL – Get Free Report) last issued its earnings results on Wednesday, July 17th. The transportation company reported $4.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.97 by $0.17. The business had revenue of $14.99 billion for the quarter, compared to analyst estimates of $15.04 billion. United Airlines had a net margin of 5.28% and a return on equity of 33.90%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.03 EPS. As a group, research analysts predict that United Airlines Holdings, Inc. will post 9.62 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the stock. HSBC started coverage on shares of United Airlines in a research note on Monday, May 13th. They set a “buy” rating and a $69.20 price objective for the company. Wolfe Research upgraded United Airlines from a “peer perform” rating to an “outperform” rating and set a $76.00 price target for the company in a research note on Friday, May 17th. TD Cowen lifted their price objective on United Airlines from $65.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, July 17th. Raymond James increased their target price on shares of United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a research report on Thursday, April 18th. Finally, Citigroup lifted their price target on shares of United Airlines from $80.00 to $96.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $72.20.