Mufg Securities Americas Inc. bought a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,856 shares of the transportation company's stock, valued at approximately $472,000.
Other large investors have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new position in shares of United Airlines during the fourth quarter worth approximately $25,000. Hemington Wealth Management lifted its holdings in United Airlines by 70.8% in 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 period. Roxbury Financial LLC acquired a new position in United Airlines in the fourth quarter valued at $32,000. Whipplewood Advisors LLC bought a new stake in United Airlines in the fourth quarter valued at $32,000. Finally, Bell Investment Advisors Inc increased its stake in United Airlines by 60.3% in the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after purchasing an additional 135 shares in the last quarter. Institutional investors own 69.69% of the company's stock.
United Airlines Stock Up 0.9%
Shares of NASDAQ:UAL traded up $0.69 during trading on Monday, hitting $78.62. The company's stock had a trading volume of 6,223,299 shares, compared to its average volume of 7,590,688. The company has a market capitalization of $25.68 billion, a PE ratio of 8.34, a P/E/G ratio of 0.67 and a beta of 1.39. The business has a 50 day moving average price of $70.56 and a two-hundred day moving average price of $88.27. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. 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 (NASDAQ:UAL - Get Free Report) last announced its earnings results 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 net margin of 5.52% and a return on equity of 32.26%. The business had revenue of $13.21 billion during the quarter, compared to analysts' expectations of $13.47 billion. As a group, research analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.
Analyst Ratings Changes
UAL has been the topic of a number of research analyst reports. Raymond James downgraded United Airlines from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd. UBS Group upgraded shares of United Airlines from a "neutral" rating to a "buy" rating and upped their target price for the stock from $67.00 to $105.00 in a research report on Monday. Barclays cut their price target on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Susquehanna dropped their target price 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. Finally, TD Cowen increased their price target on shares of United Airlines from $73.00 to $88.00 and gave the stock a "buy" rating in a research note on Tuesday, April 22nd. One equities research 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. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $102.33.
Check Out Our Latest Stock Report on UAL
About United Airlines
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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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