National Bank of Canada FI Sells 38,133 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

National Bank of Canada FI cut its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 12.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 266,474 shares of the transportation company’s stock after selling 38,133 shares during the quarter. National Bank of Canada FI owned approximately 0.08% of United Airlines worth $10,851,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of UAL. U S Global Investors Inc. raised its holdings in shares of United Airlines by 31.9% in the 4th quarter. U S Global Investors Inc. now owns 4,159,899 shares of the transportation company’s stock valued at $171,637,000 after purchasing an additional 1,005,170 shares during the period. Invesco Ltd. increased its holdings in shares of United Airlines by 23.5% in the third quarter. Invesco Ltd. now owns 4,649,616 shares of the transportation company’s stock valued at $196,679,000 after purchasing an additional 885,199 shares during the last quarter. Los Angeles Capital Management LLC raised its position in shares of United Airlines by 1,993.1% in the third quarter. Los Angeles Capital Management LLC now owns 861,835 shares of the transportation company’s stock valued at $36,456,000 after purchasing an additional 820,660 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of United Airlines during the 3rd quarter worth about $18,062,000. Finally, Todd Asset Management LLC acquired a new position in United Airlines in the 3rd quarter valued at about $16,270,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Trading Up 0.6 %

UAL opened at $53.02 on Thursday. The company has a market cap of $17.43 billion, a P/E ratio of 6.55, a PEG ratio of 0.51 and a beta of 1.49. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 2.52. The company’s 50 day moving average is $46.66 and its 200-day moving average is $42.64. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $58.23.

Insider Buying and Selling at United Airlines

In other United Airlines news, EVP Kate Gebo sold 15,000 shares of the company’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the completion of the transaction, the executive vice president now owns 57,512 shares of the company’s stock, valued at approximately $2,925,060.32. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.63% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on UAL. Evercore ISI raised United Airlines from an “in-line” rating to an “outperform” rating and upped their target price for the company from $58.00 to $65.00 in a research report on Friday, February 9th. Redburn Atlantic cut shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price for the company. in a research report on Tuesday, February 13th. Raymond James raised their price target on shares of United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a research report on Thursday, April 18th. StockNews.com raised shares of United Airlines from a “sell” rating to a “hold” rating in a report on Wednesday, April 24th. Finally, Bank of America lifted their price target on shares of United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, United Airlines has a consensus rating of “Moderate Buy” and a consensus price target of $66.53.

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.