Hara Capital LLC lowered its position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 51.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,428 shares of the transportation company's stock after selling 16,080 shares during the quarter. United Airlines makes up about 0.9% of Hara Capital LLC's holdings, making the stock its 26th biggest holding. Hara Capital LLC's holdings in United Airlines were worth $1,498,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Centaurus Financial Inc. lifted its holdings in United Airlines by 106.4% during the 4th quarter. Centaurus Financial Inc. now owns 12,773 shares of the transportation company's stock worth $1,240,000 after buying an additional 6,585 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in United Airlines during the 4th quarter worth about $5,817,000. Capital A Wealth Management LLC purchased a new stake in United Airlines during the 4th quarter worth about $31,000. Leigh Baldwin & CO. LLC purchased a new stake in United Airlines during the 4th quarter worth about $291,000. Finally, Ameriflex Group Inc. purchased a new stake in United Airlines during the 4th quarter worth about $58,000. Hedge funds and other institutional investors own 69.69% of the company's stock.
Analysts Set New Price Targets
UAL has been the subject of several research reports. UBS Group raised United Airlines from a "neutral" rating to a "buy" rating and boosted their target price for the company from $67.00 to $105.00 in a report on Monday, May 19th. Wall Street Zen raised United Airlines from a "buy" rating to a "strong-buy" rating in a report on Friday. Raymond James downgraded United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. Evercore ISI reduced their target price on United Airlines from $145.00 to $100.00 and set an "outperform" rating for the company in a report on Friday, April 11th. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of United Airlines in a report on Tuesday, May 13th. One investment analyst has rated the stock with a hold rating, fourteen have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $102.33.
Check Out Our Latest Analysis on UAL
United Airlines Stock Performance
Shares of UAL stock traded up $0.68 during trading hours on Friday, reaching $79.25. 7,485,235 shares of the company's stock were exchanged, compared to its average volume of 7,635,342. The company has a market cap of $25.88 billion, a P/E ratio of 8.40, a price-to-earnings-growth ratio of 0.67 and a beta of 1.39. The company's 50 day moving average is $71.02 and its two-hundred day moving average is $87.68. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74.
United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (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 the consensus estimate of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. Equities research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.
United Airlines Profile
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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.
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