Paradoxiom Capital L.P. purchased a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 54,176 shares of the transportation company's stock, valued at approximately $5,260,000. United Airlines accounts for 2.2% of Paradoxiom Capital L.P.'s holdings, making the stock its 27th biggest position.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UAL. Bank of Jackson Hole Trust acquired a new stake in shares of United Airlines in the fourth quarter valued at about $25,000. Hemington Wealth Management grew its position in shares of 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 purchasing an additional 131 shares during the period. Whipplewood Advisors LLC acquired a new stake in shares of United Airlines in the fourth quarter valued at about $32,000. Roxbury Financial LLC acquired a new stake in shares of United Airlines in the fourth quarter valued at about $32,000. Finally, Bell Investment Advisors Inc grew its position 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 valued at $35,000 after purchasing an additional 135 shares during the period. Institutional investors and hedge funds own 69.69% of the company's stock.
United Airlines Trading Up 1.8%
UAL stock traded up $1.39 during trading on Friday, reaching $77.93. 6,406,310 shares of the stock were exchanged, compared to its average volume of 7,594,415. 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 business has a 50 day moving average price of $70.56 and a 200-day moving average price of $88.15. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The firm has a market capitalization of $25.45 billion, a price-to-earnings ratio of 8.26, a P/E/G ratio of 0.67 and a beta of 1.39.
United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, topping 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 company had revenue of $13.21 billion for the quarter, compared to the consensus estimate of $13.47 billion. On average, research analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.
Analysts Set New Price Targets
Several analysts have recently issued reports on UAL shares. Jefferies Financial Group dropped their target price on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research report on Tuesday, April 1st. Cowen reiterated a "buy" rating on shares of United Airlines in a research report on Tuesday, April 22nd. Morgan Stanley lifted their target price on shares of United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Bank of America decreased their price target on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research note on Thursday, April 3rd. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of United Airlines in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, United Airlines has an average rating of "Buy" and a consensus price target of $98.31.
Check Out Our Latest Stock Report on United Airlines
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.
Featured Stories
Before you consider United Airlines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Airlines wasn't on the list.
While United Airlines currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
