Raymond James Financial Services Advisors Inc. Sells 25,733 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Raymond James Financial Services Advisors Inc. trimmed its stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 42.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,495 shares of the transportation company's stock after selling 25,733 shares during the period. Raymond James Financial Services Advisors Inc.'s holdings in United Airlines were worth $1,465,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of UAL. Bartlett & Co. LLC boosted its position in shares of United Airlines by 200.0% during the 3rd quarter. Bartlett & Co. LLC now owns 600 shares of the transportation company's stock valued at $25,000 after acquiring an additional 400 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of United Airlines during the 3rd quarter valued at about $25,000. Loomis Sayles & Co. L P boosted its position in shares of United Airlines by 707.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company's stock valued at $26,000 after acquiring an additional 545 shares in the last quarter. Clear Street Markets LLC boosted its position in shares of United Airlines by 101.8% during the 1st quarter. Clear Street Markets LLC now owns 642 shares of the transportation company's stock valued at $28,000 after acquiring an additional 36,811 shares in the last quarter. Finally, Cullen Frost Bankers Inc. boosted its position in shares of United Airlines by 1,000.0% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,100 shares of the transportation company's stock valued at $47,000 after acquiring an additional 1,000 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Trading Down 2.9 %

Shares of UAL traded down $1.24 on Friday, reaching $41.80. 11,114,635 shares of the company's stock were exchanged, compared to its average volume of 7,917,017. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 2.70. The stock has a market capitalization of $13.71 billion, a P/E ratio of 5.30, a price-to-earnings-growth ratio of 0.60 and a beta of 1.55. The business has a 50 day moving average price of $43.92 and a two-hundred day moving average price of $41.32. United Airlines Holdings, Inc. has a 12 month low of $33.68 and a 12 month high of $58.23.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.61 by $0.39. United Airlines had a net margin of 4.87% and a return on equity of 41.01%. The firm had revenue of $13.63 billion during the quarter, compared to the consensus estimate of $13.55 billion. During the same quarter in the prior year, the firm earned $2.46 earnings per share. The business's quarterly revenue was up 9.9% on a year-over-year basis. Research analysts anticipate that United Airlines Holdings, Inc. will post 9.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Redburn Atlantic lowered shares of United Airlines from a "buy" rating to a "neutral" rating and set a $50.00 target price on the stock. in a research report on Tuesday, February 13th. Susquehanna reduced their price target on shares of United Airlines from $60.00 to $55.00 and set a "positive" rating on the stock in a research report on Tuesday. UBS Group assumed coverage on shares of United Airlines in a research report on Wednesday, March 20th. They issued a "neutral" rating and a $47.00 price target on the stock. StockNews.com lowered shares of United Airlines from a "hold" rating to a "sell" rating in a research report on Friday. Finally, Raymond James reduced their price target on shares of United Airlines from $68.00 to $65.00 and set an "outperform" rating on the stock in a research report on Wednesday, December 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, United Airlines currently has an average rating of "Moderate Buy" and an average target price of $64.60.

United Airlines 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.