CoreCap Advisors LLC Buys 4,729 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

CoreCap Advisors LLC raised its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 1,530.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,038 shares of the transportation company's stock after buying an additional 4,729 shares during the period. CoreCap Advisors LLC's holdings in United Airlines were worth $489,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Moody National Bank Trust Division boosted its holdings in United Airlines by 2.1% in the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company's stock valued at $470,000 after acquiring an additional 98 shares in the last quarter. Diversify Advisory Services LLC lifted its position in shares of United Airlines by 2.2% in the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company's stock worth $508,000 after purchasing an additional 101 shares during the period. Wahed Invest LLC lifted its position in shares of United Airlines by 5.4% in the 4th quarter. Wahed Invest LLC now owns 2,106 shares of the transportation company's stock worth $204,000 after purchasing an additional 108 shares during the period. Metis Global Partners LLC boosted its stake in shares of United Airlines by 2.0% during the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company's stock valued at $631,000 after purchasing an additional 129 shares in the last quarter. Finally, Hemington Wealth Management increased its position in shares of United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $30,000 after buying an additional 131 shares during the period. Institutional investors own 69.69% of the company's stock.

United Airlines Stock Up 5.1%

NASDAQ:UAL traded up $3.98 on Tuesday, reaching $82.60. 10,141,488 shares of the stock traded hands, compared to its average volume of 7,585,449. The company's fifty day simple moving average is $70.69 and its 200 day simple moving average is $88.24. The company has a market capitalization of $26.98 billion, a price-to-earnings ratio of 8.76, a PEG ratio of 0.67 and a beta of 1.39. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.16. The company had revenue of $13.21 billion during the quarter, compared to the consensus estimate of $13.47 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. Equities analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on UAL. Evercore ISI lowered their price objective on shares of United Airlines from $145.00 to $100.00 and set an "outperform" rating for the company in a report on Friday, April 11th. Barclays decreased their target price on United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Susquehanna dropped their price target 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. TD Cowen increased their price objective on United Airlines from $73.00 to $88.00 and gave the stock a "buy" rating in a report on Tuesday, April 22nd. Finally, Jefferies Financial Group lowered their price objective on United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research report on Tuesday, April 1st. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $96.60.

United Airlines Profile

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.