Jackson Creek Investment Advisors LLC purchased a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,039 shares of the transportation company's stock, valued at approximately $683,000.
Other large investors have also made changes to their positions in the company. Bank of Jackson Hole Trust bought a new position in United Airlines in the fourth quarter valued at approximately $25,000. Hemington Wealth Management lifted its position in United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $30,000 after acquiring an additional 131 shares in the last quarter. Roxbury Financial LLC bought a new stake in United Airlines in the 4th quarter valued at $32,000. Whipplewood Advisors LLC acquired a new position in United Airlines in the 4th quarter worth $32,000. Finally, Winch Advisory Services LLC bought a new position in United Airlines during the 4th quarter worth about $38,000. Institutional investors own 69.69% of the company's stock.
Wall Street Analysts Forecast Growth
UAL has been the subject of several recent research reports. Morgan Stanley upped their price objective on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. UBS Group upped their price target on United Airlines from $139.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, January 7th. The Goldman Sachs Group reiterated a "buy" rating and issued a $119.00 price objective on shares of United Airlines in a report on Friday, November 15th. Dbs Bank upgraded shares of United Airlines from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 26th. Finally, Raymond James reiterated an "outperform" rating and issued a $130.00 price target (up from $120.00) on shares of United Airlines in a research note 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 assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $113.88.
Check Out Our Latest Stock Report on United Airlines
United Airlines Stock Performance
NASDAQ UAL traded down $3.39 during trading on Friday, reaching $82.88. 14,848,746 shares of the company's stock were exchanged, compared to its average volume of 7,559,066. 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 50 day moving average price of $101.72 and a 200-day moving average price of $83.24. The stock has a market capitalization of $27.13 billion, a P/E ratio of 8.79, a PEG ratio of 0.67 and a beta of 1.41. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00.
United Airlines (NASDAQ:UAL - Get Free Report) last posted its earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share 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 analyst estimates of $14.40 billion. During the same period in the previous year, the firm earned $2.00 EPS. The firm's revenue was up 7.8% compared to the same quarter last year. Sell-side analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal 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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