Savant Capital LLC Grows Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Savant Capital LLC increased its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 16.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 11,719 shares of the transportation company’s stock after buying an additional 1,614 shares during the period. Savant Capital LLC’s holdings in United Airlines were worth $1,138,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Burns Matteson Capital Management LLC purchased a new position in United Airlines during the fourth quarter valued at $636,000. Empowered Funds LLC boosted its holdings in United Airlines by 1,627.9% in the 4th quarter. Empowered Funds LLC now owns 85,288 shares of the transportation company’s stock worth $8,281,000 after buying an additional 80,352 shares during the last quarter. Apollon Wealth Management LLC purchased a new stake in United Airlines during the 4th quarter worth approximately $484,000. Lecap Asset Management Ltd. acquired a new position in shares of United Airlines during the fourth quarter valued at approximately $386,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of United Airlines by 9.8% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,509 shares of the transportation company’s stock valued at $632,000 after acquiring an additional 581 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Raymond James reissued an “outperform” rating and issued a $130.00 price objective (up from $120.00) on shares of United Airlines in a research note on Thursday, January 23rd. Morgan Stanley raised their price target on shares of United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. UBS Group increased their price objective on shares of United Airlines from $139.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Dbs Bank upgraded United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. Finally, Citigroup lifted their price objective on United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, United Airlines presently has an average rating of “Buy” and an average price target of $113.88.

Insider Buying and Selling at United Airlines

In other United Airlines news, EVP Linda P. Jojo sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $95.12, for a total value of $5,707,200.00. Following the completion of the transaction, the executive vice president now owns 63,599 shares of the company’s stock, valued at $6,049,536.88. This trade represents a 48.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.63% of the stock is currently owned by corporate insiders.

United Airlines Stock Performance

Shares of UAL stock opened at $104.26 on Friday. 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 firm has a market cap of $34.29 billion, a P/E ratio of 11.06, a P/E/G ratio of 0.71 and a beta of 1.43. The firm’s 50 day moving average price is $102.26 and its 200-day moving average price is $76.95. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year 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, topping the consensus estimate of $2.96 by $0.30. The business had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the business posted $2.00 earnings per share. As a group, equities research analysts predict that United Airlines Holdings, Inc. will post 13.09 EPS for the current 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.