Bank of Hawaii Takes Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Bank of Hawaii acquired a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 14,699 shares of the transportation company's stock, valued at approximately $1,427,000.

A number of other large investors also recently modified their holdings of the company. Proficio Capital Partners LLC bought a new position in shares of United Airlines during the 4th quarter valued at approximately $137,000. Longbow Finance SA bought a new stake in shares of United Airlines during the fourth quarter valued at approximately $9,359,000. KBC Group NV bought a new position in United Airlines in the fourth quarter worth approximately $485,000. Bleakley Financial Group LLC lifted its position in shares of United Airlines by 293.7% in the 4th quarter. Bleakley Financial Group LLC now owns 23,458 shares of the transportation company's stock worth $2,278,000 after purchasing an additional 17,499 shares during the period. Finally, Islay Capital Management LLC bought a new position in shares of United Airlines in the 4th quarter worth $790,000. Hedge funds and other institutional investors own 69.69% of the company's stock.

United Airlines Trading Up 3.0 %

NASDAQ:UAL traded up $1.94 during trading hours on Tuesday, hitting $67.63. The company had a trading volume of 4,691,668 shares, compared to its average volume of 7,955,201. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The company has a 50-day moving average of $82.35 and a 200 day moving average of $87.47. The company has a market cap of $22.14 billion, a P/E ratio of 7.17, a P/E/G ratio of 0.67 and a beta of 1.19.

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United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS 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 analyst estimates of $14.40 billion. During the same quarter in the previous year, the company earned $2.00 EPS. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. Sell-side analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Raymond James downgraded shares of United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. Barclays dropped their target price on United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Bank of America dropped their price target on United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research note on Thursday, April 3rd. Susquehanna decreased their price objective on shares of United Airlines from $130.00 to $90.00 and set a "positive" rating for the company in a research report on Monday, April 7th. Finally, Jefferies Financial Group cut their price target on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $102.01.

United Airlines Company 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.