Colonial River Investments LLC Makes New $263,000 Investment in United Airlines Holdings Inc (NASDAQ:UAL)

Colonial River Investments LLC bought a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,811 shares of the transportation company's stock, valued at approximately $263,000.

A number of other large investors also recently made changes to their positions in the company. Capital A Wealth Management LLC purchased a new position in United Airlines in the fourth quarter worth $31,000. Whipplewood Advisors LLC bought a new stake in shares of United Airlines during the 4th quarter worth $32,000. 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 worth $35,000 after buying an additional 135 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new position in United Airlines during the fourth quarter valued at about $36,000. Finally, CENTRAL TRUST Co increased its holdings in United Airlines by 57.2% during the first quarter. CENTRAL TRUST Co now owns 816 shares of the transportation company's stock worth $56,000 after buying an additional 297 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

United Airlines Trading Up 2.1%

Shares of United Airlines stock opened at $79.18 on Friday. The company's 50-day moving average price is $75.99 and its 200-day moving average price is $85.22. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.93. United Airlines Holdings Inc has a 12-month low of $37.02 and a 12-month high of $116.00. The company has a market cap of $25.86 billion, a price-to-earnings ratio of 7.22, a PEG ratio of 1.27 and a beta of 1.45.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.16. The business had revenue of $13.21 billion for the quarter, compared to analysts' expectations of $13.47 billion. United Airlines had a net margin of 6.34% and a return on equity of 32.90%. On average, equities analysts expect that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

UAL has been the subject of a number of research reports. Wall Street Zen downgraded shares of United Airlines from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 7th. Raymond James Financial lowered United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. 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. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of United Airlines in a research report on Tuesday, May 13th. Finally, Jefferies Financial Group cut their price target 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. One equities research analyst has rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, United Airlines currently has a consensus rating of "Buy" and a consensus price target of $104.64.

United Airlines Company 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.

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