Pinkerton Retirement Specialists LLC purchased a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,338 shares of the transportation company’s stock, valued at approximately $1,295,000.
Other large investors also recently bought and sold shares of the company. Bank of Jackson Hole Trust acquired a new stake in shares of United Airlines during the 4th quarter worth approximately $25,000. Hemington Wealth Management boosted its holdings in United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after buying an additional 131 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in United Airlines during the fourth quarter worth $32,000. Roxbury Financial LLC acquired a new stake in United Airlines during the fourth quarter valued at $32,000. Finally, Bell Investment Advisors Inc increased its holdings 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 buying an additional 135 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on UAL shares. Barclays lowered their target price on shares of United Airlines from $140.00 to $94.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Susquehanna reduced their price target on United Airlines from $90.00 to $81.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Sanford C. Bernstein reiterated an “outperform” rating on shares of United Airlines in a research report on Tuesday, May 13th. Cantor Fitzgerald set a $88.00 price objective on United Airlines in a report on Tuesday, April 22nd. Finally, Jefferies Financial Group reduced their target price on United Airlines from $154.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, April 1st. One investment analyst has rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, United Airlines has an average rating of “Buy” and an average price target of $102.33.
United Airlines Stock Performance
NASDAQ UAL opened at $73.33 on Thursday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The stock’s 50 day simple moving average is $70.80 and its 200-day simple moving average is $88.08. The company has a market cap of $23.95 billion, a PE ratio of 7.78, a price-to-earnings-growth ratio of 0.67 and a beta of 1.39. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00.
United Airlines (NASDAQ:UAL – Get Free Report) last posted 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 the consensus estimate of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. As a group, equities research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.
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.
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