Steward Partners Investment Advisory LLC Boosts Stock Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Steward Partners Investment Advisory LLC raised its stake in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 122.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,588 shares of the transportation company's stock after acquiring an additional 4,174 shares during the quarter. Steward Partners Investment Advisory LLC's holdings in United Airlines were worth $737,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new stake in United Airlines in the 4th quarter valued at about $25,000. Hemington Wealth Management raised its holdings in shares of United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock worth $30,000 after acquiring an additional 131 shares during the last quarter. Roxbury Financial LLC purchased a new stake in shares of United Airlines in the fourth quarter valued at $32,000. Whipplewood Advisors LLC purchased a new stake in United Airlines during the fourth quarter valued at about $32,000. Finally, Winch Advisory Services LLC acquired a new stake in shares of United Airlines in the fourth quarter valued at about $38,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

United Airlines Trading Down 2.0 %

NASDAQ:UAL opened at $76.06 on Wednesday. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The company has a market cap of $24.90 billion, a PE ratio of 8.07, a PEG ratio of 0.67 and a beta of 1.41. The firm has a 50-day moving average of $100.88 and a 200-day moving average of $84.01. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74.

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United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating analysts' consensus estimates of $2.96 by $0.30. The company had revenue of $14.70 billion for the quarter, compared to analysts' expectations of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. United Airlines's revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.00 EPS. As a group, equities research analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Citigroup increased their target price on United Airlines from $98.00 to $122.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Barclays raised their target price on United Airlines from $75.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, November 14th. JPMorgan Chase & Co. boosted their price target on United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a research note on Thursday, January 9th. TD Cowen boosted their target price on United Airlines from $142.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Finally, UBS Group upped their target price on shares of United Airlines from $139.00 to $140.00 and gave the company a "buy" rating in a research report on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $113.88.

United Airlines Company 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.

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