O Shaughnessy Asset Management LLC Increases Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

O Shaughnessy Asset Management LLC raised its stake in United Airlines Holdings, Inc. (NASDAQ:UAL) by 14.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,477 shares of the transportation company’s stock after purchasing an additional 2,703 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in United Airlines were worth $2,085,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of UAL. Bank of Jackson Hole Trust acquired a new position in United Airlines during the 4th quarter worth approximately $25,000. Hemington Wealth Management raised its stake in shares of United Airlines by 70.8% during 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. Roxbury Financial LLC acquired a new position in shares of United Airlines during the fourth quarter worth $32,000. Whipplewood Advisors LLC purchased a new position in shares of United Airlines in the fourth quarter valued at $32,000. Finally, Bell Investment Advisors Inc grew its holdings in United Airlines by 60.3% during the 4th 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 in the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Price Performance

Shares of UAL opened at $57.67 on Friday. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00. 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 has a fifty day moving average price of $89.38 and a 200 day moving average price of $86.73. The company has a market cap of $18.88 billion, a P/E ratio of 6.12, a PEG ratio of 0.67 and a beta of 1.19.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $14.40 billion. During the same period last year, the firm posted $2.00 EPS. United Airlines’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, research analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on UAL shares. Jefferies Financial Group cut their price objective on shares of United Airlines from $154.00 to $80.00 and set a “buy” rating on the stock in a report on Tuesday. Susquehanna reissued a “hold” rating on shares of United Airlines in a report on Tuesday, February 25th. Raymond James downgraded United Airlines from an “outperform” rating to a “market perform” rating in a report on Wednesday. JPMorgan Chase & Co. increased their target price on United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. Finally, Barclays set a $140.00 price target on shares of United Airlines and gave the company an “overweight” rating in a report on Wednesday, March 12th. Three analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $111.08.

About United Airlines

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.