Natixis Advisors LLC Buys 4,621 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Natixis Advisors LLC grew its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 5.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 90,301 shares of the transportation company’s stock after acquiring an additional 4,621 shares during the quarter. Natixis Advisors LLC’s holdings in United Airlines were worth $8,768,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in UAL. Bank of Jackson Hole Trust purchased a new position in shares of United Airlines during the fourth quarter valued at approximately $25,000. Hemington Wealth Management increased its stake in shares of United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after buying an additional 131 shares during the period. Roxbury Financial LLC purchased a new stake in United Airlines in the fourth quarter worth $32,000. Whipplewood Advisors LLC purchased a new stake in United Airlines in the fourth quarter worth $32,000. Finally, Bell Investment Advisors Inc grew its stake in United Airlines by 60.3% in the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock worth $35,000 after purchasing an additional 135 shares during the period. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Trading Down 0.5 %

Shares of NASDAQ:UAL opened at $74.04 on Friday. The company has a market cap of $24.24 billion, a P/E ratio of 7.85, a PEG ratio of 0.67 and a beta of 1.41. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The stock’s fifty day moving average price is $97.17 and its 200-day moving average price is $84.91.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (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 the consensus estimate 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 in the prior year, the company posted $2.00 earnings per share. Sell-side analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analysts Set New Price Targets

UAL has been the topic of several recent research reports. Susquehanna reaffirmed a “hold” rating on shares of United Airlines in a research note on Tuesday, February 25th. TD Cowen upped their price target on United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. UBS Group reduced their price target on United Airlines from $140.00 to $107.00 and set a “buy” rating on the stock in a research note on Thursday. Citigroup upped their price target on United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Raymond James reaffirmed an “outperform” rating and issued a $130.00 price target (up from $120.00) on shares of United Airlines in a research note on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, United Airlines has a consensus rating of “Buy” and an average target price of $112.75.

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.