MML Investors Services LLC grew its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 70.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,042 shares of the transportation company's stock after buying an additional 7,484 shares during the quarter. MML Investors Services LLC's holdings in United Airlines were worth $1,752,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in UAL. Bank of Jackson Hole Trust purchased a new position in shares of United Airlines during the 4th quarter worth about $25,000. Hemington Wealth Management grew its stake in shares of United Airlines by 70.8% during the fourth 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 last quarter. Roxbury Financial LLC purchased a new stake in shares of United Airlines in the fourth quarter worth approximately $32,000. Whipplewood Advisors LLC bought a new stake in shares of United Airlines during the 4th quarter worth approximately $32,000. Finally, Bell Investment Advisors Inc boosted 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 valued at $35,000 after acquiring an additional 135 shares during the period. Institutional investors own 69.69% of the company's stock.
United Airlines Stock Performance
Shares of UAL stock opened at $68.93 on Wednesday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The company has a market cap of $22.51 billion, a PE ratio of 7.31, a PEG ratio of 0.67 and a beta of 1.19. The business's fifty day simple moving average is $74.12 and its 200-day simple moving average is $87.96. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00.
United Airlines (NASDAQ:UAL - Get Free Report) last announced 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. The firm had revenue of $13.21 billion during the quarter, compared to analyst estimates of $13.47 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. Analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.
Analyst Ratings Changes
UAL has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their target price on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research report on Thursday, January 9th. Susquehanna lowered their price objective on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Cantor Fitzgerald set a $88.00 target price on shares of United Airlines in a research note on Tuesday, April 22nd. Evercore ISI lowered their price target 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, Cowen restated a "buy" rating on shares of United Airlines in a report on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of $96.60.
Check Out Our Latest Analysis on UAL
United Airlines Company 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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