Bokf Na Acquires 8,836 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Bokf Na lifted its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 17.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,618 shares of the transportation company’s stock after buying an additional 8,836 shares during the quarter. Bokf Na’s holdings in United Airlines were worth $2,776,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in UAL. Pacer Advisors Inc. grew its stake in shares of United Airlines by 40.7% in the fourth quarter. Pacer Advisors Inc. now owns 29,850 shares of the transportation company’s stock valued at $1,232,000 after buying an additional 8,635 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in United Airlines during the fourth quarter worth $247,000. Assenagon Asset Management S.A. boosted its position in United Airlines by 1,008.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 271,824 shares of the transportation company’s stock worth $11,215,000 after purchasing an additional 247,312 shares during the period. Global Retirement Partners LLC boosted its position in United Airlines by 66.5% during the fourth quarter. Global Retirement Partners LLC now owns 2,811 shares of the transportation company’s stock worth $109,000 after purchasing an additional 1,123 shares during the period. Finally, Fifth Third Bancorp boosted its position in United Airlines by 25.2% during the fourth quarter. Fifth Third Bancorp now owns 11,434 shares of the transportation company’s stock worth $472,000 after purchasing an additional 2,304 shares during the period. 69.69% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on UAL shares. Wolfe Research raised shares of United Airlines from a “peer perform” rating to an “outperform” rating and set a $76.00 price objective for the company in a research report on Friday, May 17th. Jefferies Financial Group raised United Airlines from a “hold” rating to a “buy” rating and lifted their target price for the stock from $54.00 to $65.00 in a report on Wednesday, May 29th. Raymond James lifted their target price on United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Susquehanna lifted their target price on United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a report on Thursday, April 18th. Finally, HSBC started coverage on United Airlines in a report on Monday, May 13th. They set a “buy” rating and a $69.20 target price for the company. Two research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, United Airlines currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.20.

United Airlines Price Performance

NASDAQ UAL traded down $0.32 during trading on Monday, hitting $47.05. 727,077 shares of the company’s stock were exchanged, compared to its average volume of 8,934,396. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 2.07. The company has a market cap of $15.47 billion, a PE ratio of 5.86, a P/E/G ratio of 0.77 and a beta of 1.44. United Airlines Holdings, Inc. has a fifty-two week low of $33.68 and a fifty-two week high of $56.17. The stock’s 50 day moving average price is $49.53 and its two-hundred day moving average price is $46.93.

United Airlines (NASDAQ:UAL) last issued its earnings results on Wednesday, July 17th. The transportation company reported $4.14 EPS for the quarter, topping the consensus estimate of $3.97 by $0.17. The firm had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $15.04 billion. United Airlines had a return on equity of 33.90% and a net margin of 5.28%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.03 earnings per share. Research analysts expect that United Airlines Holdings, Inc. will post 9.62 EPS 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.