Maia Wealth LLC Buys Shares of 2,605 United Airlines Holdings, Inc. (NASDAQ:UAL)

Maia Wealth LLC purchased a new position in United Airlines Holdings, Inc. (NASDAQ:UAL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,605 shares of the transportation company’s stock, valued at approximately $278,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in United Airlines in the fourth quarter worth $25,000. Hemington Wealth Management raised its position in shares of 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 last quarter. Whipplewood Advisors LLC bought a new position in United Airlines in the 4th quarter worth about $32,000. Roxbury Financial LLC purchased a new stake in United Airlines during the 4th quarter valued at about $32,000. Finally, Winch Advisory Services LLC bought a new stake in United Airlines during the 4th quarter valued at about $38,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Stock Performance

Shares of NASDAQ UAL opened at $93.81 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00. The firm has a market capitalization of $30.85 billion, a price-to-earnings ratio of 9.95, a price-to-earnings-growth ratio of 0.67 and a beta of 1.43. The firm has a 50 day moving average of $103.00 and a 200 day moving average of $81.93.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The firm had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the previous year, the firm posted $2.00 EPS. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

UAL has been the topic of several analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 target price on shares of United Airlines in a research note on Friday, November 15th. UBS Group upped their price objective on United Airlines from $139.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. Dbs Bank raised United Airlines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. upped their price target on United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a report on Thursday, January 9th. Finally, Susquehanna reiterated a “hold” rating on shares of United Airlines in a report on Tuesday, February 25th. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, United Airlines presently has a consensus rating of “Buy” and a consensus price target of $113.88.

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.