Atria Wealth Solutions Inc. Has $679,000 Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Atria Wealth Solutions Inc. lessened its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 27.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,995 shares of the transportation company's stock after selling 2,677 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in United Airlines were worth $679,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Venturi Wealth Management LLC raised its stake in United Airlines by 25.5% during the 4th quarter. Venturi Wealth Management LLC now owns 1,544 shares of the transportation company's stock worth $150,000 after buying an additional 314 shares during the period. D.A. Davidson & CO. acquired a new stake in shares of United Airlines in the 4th quarter valued at about $355,000. Truist Financial Corp raised its stake in shares of United Airlines by 135.5% in the 4th quarter. Truist Financial Corp now owns 54,615 shares of the transportation company's stock valued at $5,303,000 after purchasing an additional 31,426 shares during the period. CIBC Asset Management Inc raised its stake in shares of United Airlines by 4.5% in the 4th quarter. CIBC Asset Management Inc now owns 50,120 shares of the transportation company's stock valued at $4,867,000 after purchasing an additional 2,164 shares during the period. Finally, Sanctuary Advisors LLC raised its stake in shares of United Airlines by 49.8% in the 4th quarter. Sanctuary Advisors LLC now owns 26,801 shares of the transportation company's stock valued at $2,602,000 after purchasing an additional 8,913 shares during the period. Institutional investors and hedge funds own 69.69% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on UAL. Morgan Stanley lifted their price target on United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a research note on Thursday, January 23rd. Melius Research raised United Airlines to a "strong-buy" rating in a research note on Monday, December 2nd. Barclays lifted their price target on United Airlines from $75.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, November 14th. Raymond James reaffirmed an "outperform" rating and issued a $130.00 target price (up previously from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. Finally, Dbs Bank raised United Airlines from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $113.88.

United Airlines Stock Performance

United Airlines stock traded up $1.64 during midday trading on Friday, reaching $93.81. 10,684,886 shares of the company's stock were exchanged, compared to its average volume of 6,686,070. 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 quick ratio of 0.74 and a current ratio of 0.81. The firm has a market cap of $30.85 billion, a price-to-earnings ratio of 9.95, a P/E/G ratio of 0.67 and a beta of 1.43. The stock's 50-day simple moving average is $103.00 and its 200 day simple moving average is $81.35.

United Airlines (NASDAQ:UAL - Get Free Report) last issued 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 company had revenue of $14.70 billion during the quarter, compared to analysts' expectations of $14.40 billion. During the same quarter in the previous year, the company posted $2.00 earnings per share. The business's revenue was up 7.8% on a year-over-year basis. On average, 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.