United Airlines Holdings, Inc. (NASDAQ:UAL) Position Increased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. grew its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 190.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 106,645 shares of the transportation company’s stock after acquiring an additional 69,945 shares during the quarter. United Airlines makes up about 0.6% of Landscape Capital Management L.L.C.’s portfolio, making the stock its 23rd biggest position. Landscape Capital Management L.L.C.’s holdings in United Airlines were worth $6,085,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Commerce Bank boosted its holdings in shares of United Airlines by 1.1% during the third quarter. Commerce Bank now owns 17,620 shares of the transportation company’s stock worth $1,005,000 after purchasing an additional 196 shares during the period. Quest Partners LLC boosted its stake in shares of United Airlines by 268.7% during the 3rd quarter. Quest Partners LLC now owns 2,791 shares of the transportation company’s stock valued at $159,000 after buying an additional 2,034 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of United Airlines by 1,464.9% in the third quarter. Thrivent Financial for Lutherans now owns 207,603 shares of the transportation company’s stock worth $11,846,000 after acquiring an additional 194,337 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of United Airlines by 18.9% during the third quarter. Natixis Advisors LLC now owns 85,680 shares of the transportation company’s stock worth $4,889,000 after acquiring an additional 13,642 shares in the last quarter. Finally, Empirical Finance LLC grew its stake in United Airlines by 1.2% in the third quarter. Empirical Finance LLC now owns 22,128 shares of the transportation company’s stock valued at $1,263,000 after purchasing an additional 262 shares in the last quarter. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UAL. Sanford C. Bernstein lifted their price target on United Airlines from $68.00 to $85.00 and gave the company an “outperform” rating in a report on Thursday, October 17th. Susquehanna boosted their price target on United Airlines from $70.00 to $85.00 and gave the stock a “positive” rating in a research report on Thursday, October 17th. Barclays raised their price objective on United Airlines from $75.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 target price on shares of United Airlines in a research report on Friday, November 15th. Finally, Morgan Stanley lifted their price target on shares of United Airlines from $80.00 to $88.00 and gave the company an “overweight” rating in a research report on Thursday, October 17th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, United Airlines has a consensus rating of “Moderate Buy” and a consensus target price of $88.28.

United Airlines Stock Up 0.4 %

UAL opened at $94.63 on Thursday. The firm’s fifty day moving average price is $69.62 and its two-hundred day moving average price is $55.35. The company has a market capitalization of $31.12 billion, a P/E ratio of 11.41, a P/E/G ratio of 1.12 and a beta of 1.39. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $95.19. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.79 and a quick ratio of 0.72.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, October 15th. The transportation company reported $3.33 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.23. United Airlines had a return on equity of 30.72% and a net margin of 4.94%. The company had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.76 billion. During the same period in the previous year, the business earned $3.65 earnings per share. On average, analysts anticipate that United Airlines Holdings, Inc. will post 10.23 EPS for the current year.

United Airlines announced that its board has approved a share repurchase plan on Tuesday, October 15th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the transportation company to buy up to 7.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.

Insider Activity at United Airlines

In other United Airlines news, EVP Kate Gebo sold 17,500 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $80.44, for a total value of $1,407,700.00. Following the completion of the transaction, the executive vice president now directly owns 40,012 shares of the company’s stock, valued at approximately $3,218,565.28. The trade was a 30.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Torbjorn J. Enqvist sold 14,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $72.00, for a total transaction of $1,044,000.00. Following the completion of the sale, the executive vice president now directly owns 30,427 shares of the company’s stock, valued at approximately $2,190,744. This represents a 32.27 % decrease in their position. The disclosure for this sale can be found here. 0.63% of the stock is currently owned by insiders.

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.