Pinkerton Retirement Specialists LLC Takes $1.30 Million Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Pinkerton Retirement Specialists LLC purchased a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 13,338 shares of the transportation company's stock, valued at approximately $1,295,000.

Other hedge funds have also bought and sold shares of the company. Bank of Jackson Hole Trust bought a new position in shares of United Airlines in the fourth quarter worth approximately $25,000. Hemington Wealth Management raised its position in United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after acquiring an additional 131 shares during the period. Roxbury Financial LLC purchased a new stake in shares of United Airlines in the fourth quarter worth $32,000. Whipplewood Advisors LLC purchased a new stake in shares of United Airlines in the fourth quarter worth $32,000. Finally, Bell Investment Advisors Inc increased its stake in shares of United Airlines by 60.3% in the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after purchasing an additional 135 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

United Airlines Stock Performance

Shares of UAL traded up $4.23 during midday trading on Tuesday, hitting $78.88. 4,224,957 shares of the stock traded hands, compared to its average volume of 7,625,497. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00. The business's 50 day moving average price is $70.91 and its two-hundred day moving average price is $87.96. The firm has a market capitalization of $25.76 billion, a PE ratio of 8.38, a price-to-earnings-growth ratio of 0.67 and a beta of 1.39.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The business had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. Equities research analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on UAL. Cowen reaffirmed a "buy" rating on shares of United Airlines in a research note on Tuesday, April 22nd. Susquehanna decreased their price objective on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating for the company in a report on Thursday, April 17th. UBS Group upgraded shares of United Airlines from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $67.00 to $105.00 in a report on Monday, May 19th. Jefferies Financial Group decreased their price objective on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a report on Tuesday, April 1st. Finally, Cantor Fitzgerald set a $88.00 target price on shares of United Airlines in a research report on Tuesday, April 22nd. One 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, United Airlines has an average rating of "Buy" and a consensus target price of $102.33.

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.