United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP lessened its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 40.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,212 shares of the transportation company’s stock after selling 7,700 shares during the quarter. Aigen Investment Management LP’s holdings in United Airlines were worth $1,089,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Moody National Bank Trust Division raised its holdings in United Airlines by 2.1% in the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock valued at $470,000 after acquiring an additional 98 shares in the last quarter. Diversify Advisory Services LLC raised its holdings in United Airlines by 2.2% during the fourth quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after purchasing an additional 101 shares in the last quarter. Huntington National Bank raised its holdings in United Airlines by 10.8% during the third quarter. Huntington National Bank now owns 1,321 shares of the transportation company’s stock worth $75,000 after purchasing an additional 129 shares in the last quarter. Metis Global Partners LLC raised its holdings in United Airlines by 2.0% during the fourth quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company’s stock worth $631,000 after purchasing an additional 129 shares in the last quarter. Finally, Hemington Wealth Management raised its holdings in United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after purchasing an additional 131 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Price Performance

United Airlines stock opened at $91.27 on Thursday. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The business has a fifty day moving average of $102.34 and a two-hundred day moving average of $82.64. The company has a market cap of $29.88 billion, a P/E ratio of 9.68, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41.

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

Analyst Ratings Changes

UAL has been the topic of a number of research analyst reports. Morgan Stanley raised their price objective on shares of United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. raised their target price on shares of United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Barclays raised their target price on shares of United Airlines from $75.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Dbs Bank upgraded shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. Finally, UBS Group raised their target price on shares of United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, United Airlines presently has a consensus rating of “Buy” and an average price target of $113.88.

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.