11,129 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Purchased by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC bought a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,129 shares of the transportation company's stock, valued at approximately $1,081,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of UAL. State Street Corp increased its position in United Airlines by 0.8% in the third quarter. State Street Corp now owns 10,320,253 shares of the transportation company's stock worth $588,874,000 after purchasing an additional 78,470 shares during the last quarter. Sanders Capital LLC grew its stake in shares of United Airlines by 12.4% in the 3rd quarter. Sanders Capital LLC now owns 9,457,587 shares of the transportation company's stock worth $539,650,000 after buying an additional 1,040,589 shares in the last quarter. Geode Capital Management LLC raised its position in shares of United Airlines by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 8,311,220 shares of the transportation company's stock valued at $477,526,000 after buying an additional 168,498 shares in the last quarter. Castle Hook Partners LP lifted its holdings in shares of United Airlines by 176.1% in the 3rd quarter. Castle Hook Partners LP now owns 4,245,120 shares of the transportation company's stock valued at $242,227,000 after acquiring an additional 2,707,442 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in United Airlines by 41.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company's stock worth $177,604,000 after acquiring an additional 908,558 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

UAL has been the topic of several analyst reports. Raymond James reissued 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. Citigroup increased their price target on United Airlines from $98.00 to $122.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. The Goldman Sachs Group reiterated 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 objective on shares of United Airlines from $130.00 to $140.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Finally, Jefferies Financial Group lifted their price target on shares of United Airlines from $75.00 to $95.00 and gave the company a "buy" rating in a research note on Monday, October 21st. One research analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $110.20.

Insider Activity

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

United Airlines Stock Performance

Shares of NASDAQ UAL traded down $0.40 during trading hours on Tuesday, reaching $106.34. The stock had a trading volume of 4,697,283 shares, compared to its average volume of 7,296,101. The company has a market cap of $34.97 billion, a price-to-earnings ratio of 11.28, a PEG ratio of 0.77 and a beta of 1.44. United Airlines Holdings, Inc. has a twelve month low of $37.02 and a twelve month high of $116.00. The business's fifty day moving average is $99.72 and its two-hundred day moving average is $71.90. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.72.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.96 by $0.30. The firm had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company's quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.00 earnings per share. As a group, research analysts expect that United Airlines Holdings, Inc. will post 12.7 EPS for the current year.

United Airlines declared that its Board of Directors has initiated a stock buyback plan on Tuesday, October 15th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the transportation company to buy up to 7.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

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.