United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC trimmed its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,976 shares of the transportation company’s stock after selling 2,210 shares during the quarter. Corient Private Wealth LLC’s holdings in United Airlines were worth $6,789,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Centurion Wealth Management LLC acquired a new position in United Airlines during the fourth quarter worth about $204,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of United Airlines in the 4th quarter worth approximately $804,000. Natixis Advisors LLC increased its stake in United Airlines by 5.4% in the 4th quarter. Natixis Advisors LLC now owns 90,301 shares of the transportation company’s stock valued at $8,768,000 after purchasing an additional 4,621 shares in the last quarter. Frank Rimerman Advisors LLC raised its holdings in United Airlines by 7.2% during the fourth quarter. Frank Rimerman Advisors LLC now owns 6,113 shares of the transportation company’s stock worth $594,000 after purchasing an additional 413 shares during the last quarter. Finally, Catalyst Funds Management Pty Ltd purchased a new stake in United Airlines during the fourth quarter worth $990,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Trading Down 0.5 %

NASDAQ UAL opened at $74.04 on Friday. The company has a market cap of $24.24 billion, a P/E ratio of 7.85, a P/E/G ratio of 0.67 and a beta of 1.41. 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 company has a 50-day moving average of $97.17 and a 200-day moving average of $84.91.

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

Wall Street Analysts Forecast Growth

UAL has been the subject of several research reports. TD Cowen lifted their price target on United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Barclays set a $140.00 target price on shares of United Airlines and gave the stock an “overweight” rating in a research report on Wednesday, March 12th. Melius Research raised shares of United Airlines to a “strong-buy” rating in a report on Monday, December 2nd. Morgan Stanley raised their price objective on shares of United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Finally, Citigroup upped their target price on United Airlines from $98.00 to $122.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Two equities research 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’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $112.75.

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.