United Airlines Holdings, Inc. (NASDAQ:UAL) Stock Holdings Lessened by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lowered its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UALFree Report) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 333,703 shares of the transportation company’s stock after selling 3,344 shares during the period. Massachusetts Financial Services Co. MA owned about 0.10% of United Airlines worth $14,116,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bartlett & Co. LLC boosted its stake in United Airlines by 200.0% during the third quarter. Bartlett & Co. LLC now owns 600 shares of the transportation company’s stock worth $25,000 after buying an additional 400 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of United Airlines in the 3rd quarter valued at $25,000. Nemes Rush Group LLC acquired a new stake in shares of United Airlines in the 2nd quarter valued at $27,000. Carmichael Hill & Associates Inc. acquired a new stake in shares of United Airlines in the 2nd quarter valued at $27,000. Finally, Clear Street Markets LLC boosted its stake in shares of United Airlines by 101.8% in the 1st quarter. Clear Street Markets LLC now owns 642 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 36,811 shares in the last quarter. Institutional investors and hedge funds own 70.37% of the company’s stock.

Wall Street Analyst Weigh In

UAL has been the topic of several recent analyst reports. StockNews.com downgraded shares of United Airlines from a “hold” rating to a “sell” rating in a research note on Wednesday. TheStreet downgraded shares of United Airlines from a “b-” rating to a “c+” rating in a research note on Tuesday, October 31st. TD Cowen boosted their target price on shares of United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. Bank of America raised United Airlines from an “underperform” rating to a “buy” rating and lifted their price target for the company from $40.00 to $56.00 in a report on Tuesday, January 9th. Finally, Susquehanna raised United Airlines from a “neutral” rating to a “positive” rating and lifted their price target for the company from $40.00 to $60.00 in a report on Wednesday, January 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.64.

Read Our Latest Report on United Airlines

United Airlines Stock Performance

Shares of NASDAQ:UAL opened at $42.33 on Friday. The stock has a market capitalization of $13.89 billion, a P/E ratio of 5.37, a P/E/G ratio of 0.57 and a beta of 1.53. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $58.23. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 2.70. The business has a 50-day moving average price of $41.36 and a two-hundred day moving average price of $42.96.

United Airlines (NASDAQ:UALGet Free Report) last announced its quarterly earnings data on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.39. The firm had revenue of $13.63 billion during the quarter, compared to analysts’ expectations of $13.55 billion. United Airlines had a return on equity of 41.01% and a net margin of 4.87%. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.46 EPS. Equities analysts predict that United Airlines Holdings, Inc. will post 9.77 earnings per share for the current year.

United Airlines Profile

(Free Report)

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, training, and maintenance services for third parties.

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Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

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