denkapparat Operations GmbH Makes New Investment in United Airlines Holdings, Inc. (NASDAQ:UAL)

denkapparat Operations GmbH purchased a new position in United Airlines Holdings, Inc. (NASDAQ:UAL) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,918 shares of the transportation company’s stock, valued at approximately $380,000.

Several other large investors also recently made changes to their positions in the stock. Boston Partners acquired a new position in United Airlines in the 4th quarter valued at $323,508,000. Castle Hook Partners LP grew its position in shares of United Airlines by 176.1% in the third quarter. Castle Hook Partners LP now owns 4,245,120 shares of the transportation company’s stock valued at $242,227,000 after purchasing an additional 2,707,442 shares during the last quarter. Norges Bank bought a new position in shares of United Airlines in the fourth quarter worth about $170,732,000. Prudential Financial Inc. lifted its position in shares of United Airlines by 310.2% during the 4th quarter. Prudential Financial Inc. now owns 1,163,709 shares of the transportation company’s stock worth $112,996,000 after purchasing an additional 879,992 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in United Airlines by 1,492.8% in the 4th quarter. SG Americas Securities LLC now owns 912,019 shares of the transportation company’s stock valued at $88,557,000 after buying an additional 854,759 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

United Airlines Stock Down 5.6 %

Shares of NASDAQ UAL opened at $73.53 on Friday. The business has a fifty day moving average of $94.27 and a two-hundred day moving average of $86.03. 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 Holdings, Inc. has a 52-week low of $37.02 and a 52-week high of $116.00. The stock has a market cap of $24.07 billion, a PE ratio of 7.80, a PEG ratio of 0.67 and a beta of 1.41.

United Airlines (NASDAQ:UAL) last released its quarterly 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. The firm had revenue of $14.70 billion for the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.00 earnings per share. As a group, equities research analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

UAL has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price target on United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a report on Thursday, January 9th. TD Cowen raised their price target on shares of United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Susquehanna reaffirmed a “hold” rating on shares of United Airlines in a research report on Tuesday, February 25th. Bank of America decreased their target price on United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a research report on Wednesday, March 12th. Finally, UBS Group cut their price target on United Airlines from $140.00 to $107.00 and set a “buy” rating for the company in a report on Thursday, March 20th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $112.75.

United Airlines Company 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.