3,574 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Bought by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. bought a new position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 3,574 shares of the transportation company's stock, valued at approximately $347,000.

Several other hedge funds also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in shares of United Airlines in the 4th quarter worth approximately $25,000. Hemington Wealth Management boosted its holdings in United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Roxbury Financial LLC purchased a new stake in shares of United Airlines in the fourth quarter worth $32,000. Whipplewood Advisors LLC purchased a new position in United Airlines in the fourth quarter worth about $32,000. Finally, Bell Investment Advisors Inc raised its holdings in United Airlines by 60.3% in the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after acquiring an additional 135 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UAL has been the topic of several recent analyst reports. UBS Group cut their target price on United Airlines from $140.00 to $107.00 and set a "buy" rating on the stock in a research note on Thursday, March 20th. Jefferies Financial Group reduced their price target on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research note on Tuesday. Morgan Stanley increased their price objective on shares of United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. TD Cowen lifted their target price on shares of United Airlines from $142.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Finally, Barclays set a $140.00 price target on 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $111.75.

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United Airlines Price Performance

Shares of United Airlines stock traded up $1.97 during trading on Wednesday, reaching $70.17. 3,071,548 shares of the stock traded hands, compared to its average volume of 7,738,402. United Airlines Holdings, Inc. has a 52-week low of $37.02 and a 52-week 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 business has a fifty day simple moving average of $91.91 and a two-hundred day simple moving average of $86.98. The company has a market capitalization of $22.97 billion, a price-to-earnings ratio of 7.44, a P/E/G ratio of 0.67 and a beta of 1.41.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.96 by $0.30. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The business had revenue of $14.70 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the previous year, the company posted $2.00 EPS. The company's revenue was up 7.8% compared to the same quarter last year. Sell-side analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

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.