denkapparat Operations GmbH bought a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,918 shares of the transportation company's stock, valued at approximately $380,000.
Several other large investors also recently added to or reduced their stakes in UAL. Bank of Jackson Hole Trust purchased a new stake in shares of United Airlines during the fourth quarter valued at about $25,000. Hemington Wealth Management lifted its position in United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $30,000 after acquiring an additional 131 shares during the last quarter. Roxbury Financial LLC acquired a new stake in United Airlines in the fourth quarter valued at approximately $32,000. Whipplewood Advisors LLC acquired a new position in shares of United Airlines during the fourth quarter worth $32,000. Finally, Bell Investment Advisors Inc lifted its holdings in shares of United Airlines by 60.3% during the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after purchasing an additional 135 shares during the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
UAL has been the subject of several recent analyst reports. UBS Group lowered their price target on United Airlines from $140.00 to $107.00 and set a "buy" rating for the company in a report on Thursday, March 20th. Melius Research upgraded United Airlines to a "strong-buy" rating in a research note on Monday, December 2nd. Barclays set a $140.00 price target on United Airlines and gave the company an "overweight" rating in a research note on Wednesday, March 12th. TD Cowen raised their price objective on United Airlines from $142.00 to $165.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Finally, Raymond James reiterated an "outperform" rating and issued a $130.00 price target (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. Two 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 stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $111.75.
Check Out Our Latest Stock Analysis on United Airlines
United Airlines Price Performance
UAL stock traded down $1.76 during mid-day trading on Tuesday, reaching $67.29. 4,629,561 shares of the company's stock were exchanged, compared to its average volume of 7,745,180. The company has a market cap of $22.03 billion, a price-to-earnings ratio of 7.11, a price-to-earnings-growth 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 stock's 50 day moving average is $92.76 and its 200 day moving average is $86.85. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74.
United Airlines (NASDAQ:UAL - Get Free Report) last posted its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $0.30. The business had revenue of $14.70 billion for the quarter, compared to the consensus estimate of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company's revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm posted $2.00 earnings per share. On average, research analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.
About United Airlines
(
Free Report)
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.
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