Twin Capital Management Inc. Has $421,000 Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Twin Capital Management Inc. reduced its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,199 shares of the transportation company’s stock after selling 529 shares during the period. Twin Capital Management Inc.’s holdings in United Airlines were worth $421,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. JB Capital LLC acquired a new position in shares of United Airlines during the fourth quarter worth about $201,000. NWI Management LP boosted its position in shares of United Airlines by 69.6% during the third quarter. NWI Management LP now owns 195,000 shares of the transportation company’s stock worth $8,249,000 after buying an additional 80,000 shares during the period. International Assets Investment Management LLC boosted its position in shares of United Airlines by 3,636.1% during the fourth 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 period. Allspring Global Investments Holdings LLC boosted its position in shares of United Airlines by 43.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 295,615 shares of the transportation company’s stock worth $12,197,000 after buying an additional 89,106 shares during the period. Finally, Los Angeles Capital Management LLC raised its holdings in United Airlines by 1,993.1% during the third quarter. Los Angeles Capital Management LLC now owns 861,835 shares of the transportation company’s stock worth $36,456,000 after acquiring an additional 820,660 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Morgan Stanley upped their target price on United Airlines from $75.00 to $80.00 and gave the stock an “overweight” rating in a report on Thursday. Bank of America upped their target price on United Airlines from $60.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $58.00 to $65.00 in a report on Friday, February 9th. Redburn Atlantic lowered United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price on the stock. in a report on Tuesday, February 13th. Finally, UBS Group assumed coverage on United Airlines in a report on Wednesday, March 20th. They set a “neutral” rating and a $47.00 target price on the stock. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $66.53.

United Airlines Price Performance

NASDAQ:UAL opened at $51.38 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. The stock’s 50 day moving average price is $44.47 and its two-hundred day moving average price is $41.49. The firm has a market capitalization of $16.89 billion, a price-to-earnings ratio of 6.35, a P/E/G ratio of 0.52 and a beta of 1.55. United Airlines Holdings, Inc. has a 12-month low of $33.68 and a 12-month high of $58.23.

United Airlines (NASDAQ:UAL) last announced its earnings results on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.39. The company had revenue of $13.63 billion for the quarter, compared to analyst estimates of $13.55 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.46 earnings per share. On average, analysts anticipate that United Airlines Holdings, Inc. will post 9.78 earnings per share for the current year.

United Airlines 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.