Franklin Resources Inc. lowered its stake in United Airlines Holdings, Inc. (NASDAQ:UAL – Free Report) by 71.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,381 shares of the transportation company’s stock after selling 156,588 shares during the quarter. Franklin Resources Inc.’s holdings in United Airlines were worth $2,574,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. JB Capital LLC bought a new position in shares of United Airlines in the fourth quarter worth about $201,000. NWI Management LP raised its stake in shares of United Airlines by 69.6% in 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. Benjamin F. Edwards…