United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 69,929 shares of the transportation company’s stock after selling 1,655 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in United Airlines were worth $6,790,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new stake in shares of United Airlines in the 4th quarter worth $25,000. Hemington Wealth Management increased its stake in shares of United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after acquiring an additional 131 shares during the last quarter. Roxbury Financial LLC acquired a new stake in shares of United Airlines in the 4th quarter worth $32,000. Whipplewood Advisors LLC acquired a new stake in shares of United Airlines in the 4th quarter worth $32,000. Finally, Bell Investment Advisors Inc increased its stake in shares of United Airlines by 60.3% in the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock worth $35,000 after acquiring an additional 135 shares during the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Stock Performance

Shares of UAL opened at $74.87 on Friday. The stock has a 50-day simple moving average of $96.52 and a 200-day simple moving average of $85.41. 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 stock has a market capitalization of $24.51 billion, a PE ratio of 7.94, a PEG ratio of 0.67 and a beta of 1.41. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00.

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

Analyst Upgrades and Downgrades

UAL has been the subject of a number of recent research reports. Citigroup raised their target price on United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. TD Cowen raised their price objective on United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Melius Research raised United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. Morgan Stanley raised their price objective on United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Finally, Raymond James reissued an “outperform” rating and set a $130.00 price objective (up from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $112.75.

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.