New Mexico Educational Retirement Board trimmed its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL – Get Rating) by 5.1% in the first quarter, Holdings Channel reports. The fund owned 18,800 shares of the transportation company’s stock after selling 1,000 shares during the period. New Mexico Educational Retirement Board’s holdings in United Airlines were worth $872,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC lifted its position in United Airlines by 13.5% during the 4th quarter. HighTower Advisors LLC now owns 38,094 shares of the transportation company’s stock worth $1,669,000 after acquiring an additional 4,529 shares during the period. LPL Financial LLC lifted its holdings in shares of United Airlines by 4.7% in the 3rd quarter. LPL Financial LLC now owns 169,979 shares of the transportation company’s stock valued at $8,086,000 after buying an additional 7,655 shares during the period. Westpac Banking Corp acquired a new stake in shares of United Airlines in the 4th quarter valued at approximately $71,000. WINTON GROUP Ltd lifted its holdings in shares of United Airlines by 560.0% in the 4th quarter. WINTON GROUP Ltd now owns 47,502 shares of the transportation company’s stock valued at $2,080,000 after buying an additional 40,305 shares during the period. Finally, HWG Holdings LP acquired a new stake in shares of United Airlines in the 4th quarter valued at approximately $254,000. 57.92% of the stock is owned by institutional investors.
UAL has been the subject of several recent analyst reports. BNP Paribas raised United Airlines from an “underperform” rating to a “neutral” rating and set a $38.00 price target for the company in a report on Friday, March 18th. Wolfe Research raised United Airlines from an “underperform” rating to a “peer…