Farther Finance Advisors LLC Purchases 3,957 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Farther Finance Advisors LLC increased its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 77.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,085 shares of the transportation company's stock after acquiring an additional 3,957 shares during the period. Farther Finance Advisors LLC's holdings in United Airlines were worth $620,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Savant Capital LLC increased its stake in shares of United Airlines by 16.0% in the fourth quarter. Savant Capital LLC now owns 11,719 shares of the transportation company's stock valued at $1,138,000 after buying an additional 1,614 shares in the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in United Airlines in the 4th quarter valued at about $636,000. Asset Management One Co. Ltd. raised its stake in shares of United Airlines by 24.8% in the fourth quarter. Asset Management One Co. Ltd. now owns 8,094 shares of the transportation company's stock worth $807,000 after acquiring an additional 1,607 shares during the last quarter. New York State Teachers Retirement System lifted its position in shares of United Airlines by 2.0% during the fourth quarter. New York State Teachers Retirement System now owns 319,978 shares of the transportation company's stock worth $31,070,000 after purchasing an additional 6,274 shares in the last quarter. Finally, Myriad Asset Management US LP bought a new stake in shares of United Airlines during the fourth quarter valued at approximately $1,661,000. 69.69% of the stock is currently owned by institutional investors.

United Airlines Price Performance

UAL opened at $74.00 on Friday. The stock has a market cap of $24.17 billion, a P/E ratio of 7.85, a P/E/G ratio of 0.67 and a beta of 1.45. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. The company has a fifty day simple moving average of $73.87 and a 200 day simple moving average of $86.72.

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 (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The company had revenue of $13.21 billion during the quarter, compared to the consensus estimate of $13.47 billion. On average, research analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Analyst Ratings Changes

UAL has been the subject of several research analyst reports. Bank of America dropped their price objective on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Raymond James downgraded United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. Cantor Fitzgerald set a $88.00 price target on United Airlines in a report on Tuesday, April 22nd. Jefferies Financial Group dropped their price objective on United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a report on Tuesday, April 1st. Finally, UBS Group raised shares of United Airlines from a "neutral" rating to a "buy" rating and raised their target price for the company from $67.00 to $105.00 in a research note on Monday, May 19th. One analyst has rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, United Airlines currently has a consensus rating of "Buy" and an average 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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