Koshinski Asset Management Inc. Invests $259,000 in United Airlines Holdings, Inc. (NASDAQ:UAL)

Koshinski Asset Management Inc. acquired a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,672 shares of the transportation company's stock, valued at approximately $259,000.

Several other large investors have also recently made changes to their positions in UAL. Sei Investments Co. lifted its stake in United Airlines by 1.7% in the second quarter. Sei Investments Co. now owns 146,621 shares of the transportation company's stock valued at $7,135,000 after purchasing an additional 2,471 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of United Airlines during the 2nd quarter valued at $9,026,000. Point72 Hong Kong Ltd bought a new position in shares of United Airlines during the 2nd quarter worth $1,659,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in United Airlines in the 2nd quarter worth about $698,000. Finally, Dark Forest Capital Management LP raised its stake in United Airlines by 108.9% in the 2nd quarter. Dark Forest Capital Management LP now owns 8,950 shares of the transportation company's stock valued at $436,000 after acquiring an additional 4,666 shares during the period. 69.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on UAL shares. Melius Research raised United Airlines to a "strong-buy" rating in a report on Monday, December 2nd. Raymond James reaffirmed an "outperform" rating and set a $130.00 target price (up previously from $120.00) on shares of United Airlines in a report on Thursday. JPMorgan Chase & Co. raised their price target on shares of United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a report on Thursday, January 9th. Morgan Stanley increased 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. Finally, Dbs Bank upgraded United Airlines from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $110.20.

United Airlines Trading Up 1.9 %

UAL stock traded up $2.00 on Friday, reaching $105.00. The company's stock had a trading volume of 8,639,987 shares, compared to its average volume of 7,549,218. The firm has a market cap of $34.53 billion, a PE ratio of 11.13, a PEG ratio of 0.77 and a beta of 1.44. The business has a fifty day simple moving average of $99.11 and a two-hundred day simple moving average of $70.73. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.72 and a current ratio of 0.81.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping 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 business had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same period last year, the business posted $2.00 earnings per share. United Airlines's quarterly revenue was up 7.8% compared to the same quarter last year. As a group, research analysts forecast that United Airlines Holdings, Inc. will post 12.7 EPS for the current year.

United Airlines announced that its board has approved a share repurchase program on Tuesday, October 15th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the transportation company to buy up to 7.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

Insider Buying and Selling

In other news, EVP Linda P. Jojo sold 60,000 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $95.12, for a total transaction of $5,707,200.00. Following the completion of the transaction, the executive vice president now directly owns 63,599 shares in the company, valued at $6,049,536.88. This trade represents a 48.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kate Gebo sold 17,500 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $80.44, for a total transaction of $1,407,700.00. Following the sale, the executive vice president now directly owns 40,012 shares in the company, valued at $3,218,565.28. This trade represents a 30.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.63% of the stock is currently owned by insiders.

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.