Dynasty Wealth Management LLC Purchases Shares of 9,851 United Airlines Holdings, Inc. (NASDAQ:UAL)

Dynasty Wealth Management LLC bought a new position in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,851 shares of the transportation company's stock, valued at approximately $957,000.

Other hedge funds also recently made changes to their positions in the company. Fielder Capital Group LLC purchased a new stake in United Airlines during the fourth quarter valued at $212,000. QRG Capital Management Inc. lifted its holdings in shares of United Airlines by 4.3% in the 4th quarter. QRG Capital Management Inc. now owns 60,612 shares of the transportation company's stock valued at $5,885,000 after acquiring an additional 2,485 shares during the last quarter. Versor Investments LP grew its position in United Airlines by 43.4% in the fourth quarter. Versor Investments LP now owns 7,600 shares of the transportation company's stock worth $738,000 after acquiring an additional 2,300 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in United Airlines during the fourth quarter worth approximately $137,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in United Airlines during the fourth quarter valued at approximately $267,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on UAL shares. Susquehanna reissued a "hold" rating on shares of United Airlines in a research report on Tuesday, February 25th. The Goldman Sachs Group reissued a "buy" rating and issued a $119.00 target price on shares of United Airlines in a research note on Friday, November 15th. Morgan Stanley lifted their price target 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. TD Cowen increased their price objective 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, Raymond James restated an "outperform" rating and set a $130.00 target price (up previously from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $113.88.

United Airlines Stock Down 5.2 %

Shares of NASDAQ:UAL traded down $4.74 on Tuesday, reaching $86.93. The company had a trading volume of 10,613,293 shares, compared to its average volume of 7,495,651. 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 firm has a market capitalization of $28.59 billion, a PE ratio of 9.21, a PEG ratio of 0.67 and a beta of 1.43. United Airlines Holdings, Inc. has a 52-week low of $37.02 and a 52-week high of $116.00. The firm's 50 day simple moving average is $102.84 and its 200-day simple moving average is $82.27.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its earnings results 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 company had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same period last year, the firm earned $2.00 earnings per share. United Airlines's revenue was up 7.8% compared to the same quarter last year. As a group, analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

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.