Private Advisor Group LLC Has $1.12 Million Stock Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Private Advisor Group LLC decreased its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 66.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,572 shares of the transportation company's stock after selling 22,561 shares during the quarter. Private Advisor Group LLC's holdings in United Airlines were worth $1,124,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Convergence Investment Partners LLC bought a new position in United Airlines during the 4th quarter valued at $1,062,000. Bank of Jackson Hole Trust bought a new position in United Airlines during the fourth quarter valued at about $25,000. New York State Common Retirement Fund grew its holdings in United Airlines by 1.8% during the fourth quarter. New York State Common Retirement Fund now owns 185,137 shares of the transportation company's stock worth $17,977,000 after acquiring an additional 3,257 shares during the period. Kestra Investment Management LLC bought a new position in shares of United Airlines during the 4th quarter valued at about $957,000. Finally, Venturi Wealth Management LLC grew its stake in shares of United Airlines by 25.5% in the 4th quarter. Venturi Wealth Management LLC now owns 1,544 shares of the transportation company's stock worth $150,000 after purchasing an additional 314 shares during the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Stock Down 2.4 %

Shares of UAL stock traded down $2.28 on Monday, hitting $91.53. The company's stock had a trading volume of 6,585,396 shares, compared to its average volume of 6,652,730. 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 stock has a market capitalization of $30.10 billion, a price-to-earnings ratio of 9.71, a P/E/G ratio of 0.67 and a beta of 1.43. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The firm's fifty day moving average price is $103.00 and its 200-day moving average price is $81.93.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its earnings results 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 firm had revenue of $14.70 billion during the quarter, compared to analysts' expectations of $14.40 billion. During the same quarter in the prior year, the business earned $2.00 earnings per share. The company's revenue was up 7.8% on a year-over-year basis. Research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Wall Street Analysts Forecast Growth

UAL has been the topic of several analyst reports. UBS Group lifted their target price on shares of 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 reissued a "buy" rating and set a $119.00 target price on shares of United Airlines in a research note on Friday, November 15th. JPMorgan Chase & Co. raised their target price on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research report on Thursday, January 9th. Dbs Bank raised United Airlines from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 26th. Finally, Morgan Stanley raised 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. Two 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's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $113.88.

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.