Bulltick Wealth Management LLC lessened its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 66.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,000 shares of the transportation company's stock after selling 20,000 shares during the period. Bulltick Wealth Management LLC's holdings in United Airlines were worth $971,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of UAL. Bank of Jackson Hole Trust purchased a new position in shares of United Airlines in the 4th quarter valued at $25,000. Hemington Wealth Management grew its stake in United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $30,000 after purchasing an additional 131 shares during the last quarter. Roxbury Financial LLC bought a new position in United Airlines in the fourth quarter worth about $32,000. Whipplewood Advisors LLC purchased a new stake in shares of United Airlines during the fourth quarter valued at about $32,000. Finally, Bell Investment Advisors Inc boosted its holdings in shares of United Airlines by 60.3% in the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after buying an additional 135 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.
United Airlines Price Performance
Shares of NASDAQ UAL opened at $74.07 on Monday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The firm has a market cap of $24.19 billion, a PE ratio of 7.85, a PEG ratio of 0.67 and a beta of 1.39. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The firm has a fifty day moving average of $72.56 and a 200 day moving average of $88.15.
United Airlines (NASDAQ:UAL - Get Free Report) last released its earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.16. The business had revenue of $13.21 billion during the quarter, compared to analysts' expectations of $13.47 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. As a group, research analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a research report on Thursday, January 9th. TD Cowen raised their price objective on United Airlines from $73.00 to $88.00 and gave the stock a "buy" rating in a research report on Tuesday, April 22nd. Susquehanna reduced their target price on United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Cowen reiterated a "buy" rating on shares of United Airlines in a research note on Tuesday, April 22nd. Finally, Jefferies Financial Group reduced their target price on United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research note on Tuesday, April 1st. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $96.60.
View Our Latest Report on United Airlines
United Airlines Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding UAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider United Airlines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Airlines wasn't on the list.
While United Airlines currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
