Note Advisors LLC Buys New Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Note Advisors LLC bought a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,260 shares of the transportation company's stock, valued at approximately $608,000.

A number of other large investors have also recently bought and sold shares of UAL. Bank of Jackson Hole Trust purchased a new stake in shares of United Airlines in the 4th quarter worth about $25,000. Hemington Wealth Management grew its holdings in United Airlines by 70.8% in the 4th 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. Whipplewood Advisors LLC purchased a new position in United Airlines during the fourth quarter worth approximately $32,000. Roxbury Financial LLC purchased a new stake in shares of United Airlines during the 4th quarter worth about $32,000. Finally, Bell Investment Advisors Inc raised its stake 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 valued at $35,000 after acquiring an additional 135 shares during the period. Institutional investors and hedge funds own 69.69% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on UAL shares. TD Cowen raised their price target on shares of United Airlines from $73.00 to $88.00 and gave the stock a "buy" rating in a research report on Tuesday, April 22nd. Raymond James lowered shares of United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. Morgan Stanley increased their price target on United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. UBS Group upgraded United Airlines from a "neutral" rating to a "buy" rating and increased their target price for the company from $67.00 to $105.00 in a report on Monday. Finally, Evercore ISI lowered their price target on shares of United Airlines from $145.00 to $100.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. One equities research 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 company. According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of $102.33.

United Airlines Trading Down 2.9%

NASDAQ:UAL opened at $76.33 on Wednesday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The stock has a market cap of $24.93 billion, a PE ratio of 8.09, a price-to-earnings-growth ratio of 0.67 and a beta of 1.39. The stock's 50-day moving average is $70.81 and its two-hundred day moving average is $88.18. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last released its earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.75 by $0.16. The firm 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 research analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

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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