9,000 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Purchased by Credit Capital Investments LLC

Credit Capital Investments LLC purchased a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,000 shares of the transportation company’s stock, valued at approximately $371,000. United Airlines comprises approximately 0.5% of Credit Capital Investments LLC’s holdings, making the stock its 28th biggest position.

A number of other institutional investors also recently added to or reduced their stakes in UAL. Nebula Research & Development LLC lifted its position in shares of United Airlines by 136.6% during the 4th quarter. Nebula Research & Development LLC now owns 20,165 shares of the transportation company’s stock valued at $832,000 after acquiring an additional 11,641 shares during the period. Lighthouse Investment Partners LLC acquired a new position in shares of United Airlines during the 4th quarter worth approximately $1,554,000. XML Financial LLC raised its position in shares of United Airlines by 9.1% during the 4th quarter. XML Financial LLC now owns 11,698 shares of the transportation company’s stock worth $483,000 after purchasing an additional 972 shares during the last quarter. Pinebridge Investments L.P. raised its position in shares of United Airlines by 219.0% during the 4th quarter. Pinebridge Investments L.P. now owns 600,684 shares of the transportation company’s stock worth $24,784,000 after purchasing an additional 412,397 shares during the last quarter. Finally, Cibc World Markets Corp raised its position in shares of United Airlines by 82.8% during the 4th quarter. Cibc World Markets Corp now owns 33,087 shares of the transportation company’s stock worth $1,365,000 after purchasing an additional 14,985 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on UAL shares. Morgan Stanley lifted their price objective on United Airlines from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. Susquehanna boosted their price target on United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a report on Thursday, April 18th. Redburn Atlantic upgraded United Airlines from a “neutral” rating to a “buy” rating and set a $70.00 price target for the company in a report on Thursday, June 6th. UBS Group assumed coverage on United Airlines in a report on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 price target for the company. Finally, StockNews.com upgraded United Airlines from a “sell” rating to a “hold” rating in a report on Wednesday, April 24th. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $70.89.

United Airlines Stock Down 1.8 %

United Airlines stock traded down $0.98 during trading on Tuesday, reaching $52.05. 4,619,659 shares of the company’s stock were exchanged, compared to its average volume of 9,374,211. The company’s 50-day moving average is $50.58 and its two-hundred day moving average is $45.30. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.69 and a current ratio of 0.75. United Airlines Holdings, Inc. has a 52-week low of $33.68 and a 52-week high of $58.23. The firm has a market cap of $17.11 billion, a price-to-earnings ratio of 6.56, a PEG ratio of 0.52 and a beta of 1.47.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, April 16th. The transportation company reported ($0.15) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.38. The firm had revenue of $12.54 billion during the quarter, compared to analysts’ expectations of $12.43 billion. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. On average, analysts predict that United Airlines Holdings, Inc. will post 9.93 earnings per share for the current year.

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 shares were 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 directly owns 57,512 shares of the company’s stock, valued at approximately $2,925,060.32. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.63% of the stock is currently owned by corporate insiders.

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.