Shilanski & Associates Inc. bought a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 21,469 shares of the transportation company's stock, valued at approximately $1,482,000.
Other large investors also recently added to or reduced their stakes in the company. Capital A Wealth Management LLC acquired a new stake in shares of United Airlines in the 4th quarter valued at approximately $31,000. Whipplewood Advisors LLC acquired a new stake in shares of United Airlines in the 4th quarter valued at approximately $32,000. Bell Investment Advisors Inc raised its position 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. Murphy & Mullick Capital Management Corp bought a new stake in United Airlines during the 4th quarter worth approximately $36,000. Finally, CENTRAL TRUST Co increased its stake in United Airlines by 57.2% during the 1st quarter. CENTRAL TRUST Co now owns 816 shares of the transportation company's stock worth $56,000 after purchasing an additional 297 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.
United Airlines Trading Up 2.1%
NASDAQ UAL opened at $79.18 on Monday. The company has a market cap of $25.86 billion, a PE ratio of 7.22, a PEG ratio of 1.27 and a beta of 1.45. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.93. United Airlines Holdings Inc has a 12 month low of $37.02 and a 12 month high of $116.00. The stock has a 50 day moving average of $75.99 and a 200-day moving average of $85.15.
United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.90% and a net margin of 6.34%. The company had revenue of $13.21 billion during the quarter, compared to the consensus estimate of $13.47 billion. On average, equities research analysts anticipate that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of analysts recently issued reports on the company. Bank of America lowered their target price on United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a research note on Thursday, April 3rd. Sanford C. Bernstein reissued an "outperform" rating on shares of United Airlines in a research note on Tuesday, May 13th. Susquehanna lowered their target price on United Airlines from $90.00 to $81.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Raymond James Financial cut United Airlines from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd. Finally, Cantor Fitzgerald set a $88.00 target price on United Airlines in a research note on Tuesday, April 22nd. One investment analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $104.64.
View Our Latest Analysis on UAL
United Airlines Profile
(
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.
Further Reading
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