TCW Group Inc. Purchases 8,314 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

TCW Group Inc. boosted its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 18.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,562 shares of the transportation company’s stock after purchasing an additional 8,314 shares during the period. TCW Group Inc.’s holdings in United Airlines were worth $5,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of UAL. Blue Trust Inc. boosted its holdings in United Airlines by 108.6% during the 3rd quarter. Blue Trust Inc. now owns 753 shares of the transportation company’s stock valued at $43,000 after acquiring an additional 392 shares during the period. International Assets Investment Management LLC grew its stake in United Airlines by 2,351.1% during the 3rd quarter. International Assets Investment Management LLC now owns 91,524 shares of the transportation company’s stock valued at $5,222,000 after purchasing an additional 87,790 shares during the last quarter. Allworth Financial LP increased its holdings in United Airlines by 4.0% in the 3rd quarter. Allworth Financial LP now owns 6,864 shares of the transportation company’s stock worth $392,000 after buying an additional 264 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of United Airlines by 41.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,376 shares of the transportation company’s stock worth $1,298,000 after acquiring an additional 6,542 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of United Airlines by 4.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 21,232 shares of the transportation company’s stock valued at $1,211,000 after buying an additional 943 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Trading Down 6.4 %

NASDAQ UAL opened at $95.89 on Monday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The stock has a market capitalization of $31.54 billion, a P/E ratio of 10.17, a PEG ratio of 0.67 and a beta of 1.43. The firm’s 50-day moving average is $102.94 and its two-hundred day moving average is $80.00. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping the consensus estimate 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 prior year, the business posted $2.00 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, sell-side analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Dbs Bank raised shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 26th. Melius Research raised shares of United Airlines to a “strong-buy” rating in a research note on Monday, December 2nd. Susquehanna raised their target price on shares of United Airlines from $120.00 to $130.00 and gave the stock a “positive” rating in a research note on Tuesday, February 4th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price target on shares of United Airlines in a report on Friday, November 15th. Finally, JPMorgan Chase & Co. boosted their price objective on United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. One research analyst has rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, United Airlines currently has a consensus rating of “Buy” and an average target price of $113.88.

United Airlines Company Profile

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.