Privium Fund Management UK Ltd Has $910,000 Stock Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Privium Fund Management UK Ltd lessened its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 39.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,386 shares of the transportation company’s stock after selling 6,021 shares during the quarter. United Airlines comprises about 0.7% of Privium Fund Management UK Ltd’s investment portfolio, making the stock its 8th biggest position. Privium Fund Management UK Ltd’s holdings in United Airlines were worth $910,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Boston Partners bought a new position in shares of United Airlines in the fourth quarter worth about $323,508,000. Castle Hook Partners LP increased its position in United Airlines by 176.1% in 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 period. Rubric Capital Management LP acquired a new position in shares of United Airlines during the third quarter worth approximately $63,486,000. Sanders Capital LLC boosted its position in shares of United Airlines by 12.4% in the third quarter. Sanders Capital LLC now owns 9,457,587 shares of the transportation company’s stock valued at $539,650,000 after acquiring an additional 1,040,589 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of United Airlines by 41.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company’s stock worth $177,604,000 after acquiring an additional 908,558 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

UAL has been the subject of several research analyst reports. Melius Research upgraded shares of United Airlines to a “strong-buy” rating in a research note on Monday, December 2nd. JPMorgan Chase & Co. upped 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. 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. Raymond James reaffirmed an “outperform” rating and issued a $130.00 price target (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. Finally, Morgan Stanley lifted their price objective on United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, United Airlines currently has an average rating of “Buy” and a consensus price target of $114.95.

United Airlines Stock Down 3.5 %

Shares of NASDAQ:UAL opened at $71.34 on Wednesday. The company has a market capitalization of $23.35 billion, a PE ratio of 7.57, a P/E/G ratio of 0.67 and a beta of 1.41. 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 company’s fifty day moving average is $98.35 and its 200-day moving average is $85.06. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00.

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

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.