Three Seasons Wealth LLC Purchases Shares of 28,312 United Airlines Holdings, Inc. (NASDAQ:UAL)

Three Seasons Wealth LLC bought a new position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 28,312 shares of the transportation company's stock, valued at approximately $2,749,000. United Airlines comprises about 1.3% of Three Seasons Wealth LLC's holdings, making the stock its 20th largest position.

A number of other large investors have also recently made changes to their positions in UAL. Bank of Jackson Hole Trust bought a new stake in shares of United Airlines in the 4th quarter worth about $25,000. Hemington Wealth Management raised its position in United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after purchasing an additional 131 shares during the period. Roxbury Financial LLC bought a new stake in United Airlines in the fourth quarter worth about $32,000. Whipplewood Advisors LLC purchased a new position in shares of United Airlines during the fourth quarter valued at approximately $32,000. Finally, Bell Investment Advisors Inc grew its stake in shares of United Airlines by 60.3% during the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after buying an additional 135 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors.

United Airlines Stock Down 0.9 %

UAL stock traded down $0.60 on Wednesday, hitting $68.33. 3,056,121 shares of the company's stock were exchanged, compared to its average volume of 7,512,918. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00. The firm has a 50 day moving average price of $74.12 and a two-hundred day moving average price of $87.96. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The stock has a market cap of $22.32 billion, a P/E ratio of 7.25, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The firm had revenue of $13.21 billion for the quarter, compared to the consensus estimate of $13.47 billion. As a group, equities 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 subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research note on Thursday, January 9th. Susquehanna decreased their price target 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. Barclays decreased their price target on United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Bank of America decreased their price target 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. Finally, UBS Group raised their price target on United Airlines from $59.00 to $67.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $96.60.

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.