Nisa Investment Advisors LLC Purchases 4,462 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Nisa Investment Advisors LLC grew its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 20.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,818 shares of the transportation company’s stock after buying an additional 4,462 shares during the period. Nisa Investment Advisors LLC’s holdings in United Airlines were worth $1,065,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in United Airlines by 48.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 70,571 shares of the transportation company’s stock worth $2,912,000 after purchasing an additional 23,000 shares in the last quarter. Stratos Wealth Partners LTD. raised its position in United Airlines by 5.6% during the 4th quarter. Stratos Wealth Partners LTD. now owns 17,434 shares of the transportation company’s stock worth $719,000 after buying an additional 932 shares during the last quarter. New York State Teachers Retirement System raised its position in United Airlines by 1.5% during the 4th quarter. New York State Teachers Retirement System now owns 363,156 shares of the transportation company’s stock worth $14,984,000 after buying an additional 5,450 shares during the last quarter. Allworth Financial LP raised its position in United Airlines by 7.5% during the 4th quarter. Allworth Financial LP now owns 6,114 shares of the transportation company’s stock worth $252,000 after buying an additional 429 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in United Airlines by 3,636.1% during the 4th quarter. International Assets Investment Management LLC now owns 82,231 shares of the transportation company’s stock worth $3,393,000 after buying an additional 80,030 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors.

United Airlines Price Performance

Shares of NASDAQ UAL opened at $41.04 on Tuesday. The firm has a market cap of $13.46 billion, a PE ratio of 5.21, a PEG ratio of 0.58 and a beta of 1.55. The firm has a fifty day moving average of $43.94 and a 200 day moving average of $41.31. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.76 and a current ratio of 0.83. United Airlines Holdings, Inc. has a one year low of $33.68 and a one year high of $58.23.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.61 by $0.39. The company had revenue of $13.63 billion during the quarter, compared to analyst estimates of $13.55 billion. United Airlines had a net margin of 4.87% and a return on equity of 41.01%. The firm’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.46 EPS. As a group, research analysts predict that United Airlines Holdings, Inc. will post 9.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UAL has been the subject of a number of recent research reports. Raymond James reduced their price target on shares of United Airlines from $68.00 to $65.00 and set an “outperform” rating for the company in a research report on Wednesday, December 20th. TD Cowen lifted their target price on shares of United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. Redburn Atlantic lowered shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price for the company. in a report on Tuesday, February 13th. StockNews.com lowered shares of United Airlines from a “hold” rating to a “sell” rating in a report on Friday. Finally, Bank of America raised shares of United Airlines from an “underperform” rating to a “buy” rating and lifted their target price for the company from $40.00 to $56.00 in a report on Tuesday, January 9th. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $64.60.

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.