New York Life Investment Management LLC Purchases 323 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

New York Life Investment Management LLC raised its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 0.8% during the 4th quarter, HoldingsChannel reports. The fund owned 43,145 shares of the transportation company’s stock after buying an additional 323 shares during the quarter. New York Life Investment Management LLC’s holdings in United Airlines were worth $4,189,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UAL. State Street Corp raised its holdings in shares of United Airlines by 0.8% in the third quarter. State Street Corp now owns 10,320,253 shares of the transportation company’s stock valued at $588,874,000 after purchasing an additional 78,470 shares during the last quarter. Sanders Capital LLC increased its stake in United Airlines by 12.4% in the 3rd quarter. Sanders Capital LLC now owns 9,457,587 shares of the transportation company’s stock valued at $539,650,000 after buying an additional 1,040,589 shares during the last quarter. Geode Capital Management LLC lifted its position in United Airlines by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 8,311,220 shares of the transportation company’s stock worth $477,526,000 after buying an additional 168,498 shares in the last quarter. Castle Hook Partners LP boosted its stake in shares of United Airlines by 176.1% during the 3rd quarter. Castle Hook Partners LP now owns 4,245,120 shares of the transportation company’s stock worth $242,227,000 after buying an additional 2,707,442 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of United Airlines by 41.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company’s stock valued at $177,604,000 after acquiring an additional 908,558 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Stock Up 1.8 %

UAL opened at $93.81 on Friday. The stock has a fifty day moving average of $103.00 and a 200-day moving average of $81.64. The company has a market capitalization of $30.85 billion, a P/E ratio of 9.95, a P/E/G ratio of 0.67 and a beta of 1.43. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week 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.

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

Analyst Ratings Changes

Several research analysts recently commented on the company. UBS Group increased their price target on United Airlines from $139.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. Dbs Bank raised United Airlines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 26th. Melius Research upgraded shares of United Airlines to a “strong-buy” rating in a report on Monday, December 2nd. TD Cowen increased their price target on shares of United Airlines from $142.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock 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.