Gordian Capital Singapore Pte Ltd Acquires Shares of 6,500 United Airlines Holdings, Inc. (NASDAQ:UAL)

Gordian Capital Singapore Pte Ltd acquired a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,500 shares of the transportation company's stock, valued at approximately $631,000.

A number of other hedge funds have also recently added to or reduced their stakes in UAL. Bank of Jackson Hole Trust bought a new stake in United Airlines during the 4th quarter worth $25,000. Hemington Wealth Management lifted its holdings in United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after buying an additional 131 shares during the period. Roxbury Financial LLC acquired a new position in United Airlines during the 4th quarter worth about $32,000. Whipplewood Advisors LLC acquired a new position in United Airlines during the 4th quarter worth about $32,000. Finally, Bell Investment Advisors Inc lifted its holdings in United Airlines by 60.3% during 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 period. Institutional investors own 69.69% of the company's stock.

United Airlines Trading Up 5.6%

Shares of NASDAQ:UAL traded up $4.21 on Tuesday, reaching $78.86. 4,484,258 shares of the company traded hands, compared to its average volume of 7,626,286. The business's 50-day simple moving average is $70.91 and its 200 day simple moving average is $87.96. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00. The stock has a market capitalization of $25.75 billion, a P/E ratio of 8.35, a price-to-earnings-growth ratio of 0.67 and a beta of 1.39. 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 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 company had revenue of $13.21 billion for the quarter, compared to analysts' expectations of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. As a group, equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analysts Set New Price Targets

UAL has been the topic of a number of recent analyst reports. Sanford C. Bernstein reissued an "outperform" rating on shares of United Airlines in a research note on Tuesday, May 13th. Jefferies Financial Group decreased 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. Bank of America reduced their target price on United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a report on Thursday, April 3rd. Barclays decreased their price objective on United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Finally, UBS Group upgraded United Airlines from a "neutral" rating to a "buy" rating and increased their target price for the stock from $67.00 to $105.00 in a research report on Monday, May 19th. One equities research analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $102.33.

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.