3,002 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Purchased by Strategic Advisors LLC

Strategic Advisors LLC purchased a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,002 shares of the transportation company's stock, valued at approximately $291,000.

A number of other hedge funds have also bought and sold shares of UAL. Global Trust Asset Management LLC purchased a new stake in shares of United Airlines in the 3rd quarter valued at $29,000. Hemington Wealth Management boosted its holdings in shares of 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 during the last quarter. Roxbury Financial LLC purchased a new stake in shares of United Airlines in the 4th quarter valued at $32,000. Winch Advisory Services LLC purchased a new stake in shares of United Airlines in the 4th quarter valued at $38,000. Finally, Blue Trust Inc. boosted its holdings in shares of United Airlines by 108.6% in the 3rd quarter. Blue Trust Inc. now owns 753 shares of the transportation company's stock valued at $43,000 after acquiring an additional 392 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on UAL. Morgan Stanley upped 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. Dbs Bank raised shares of United Airlines from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 26th. Susquehanna increased their price target on shares of United Airlines from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday, February 4th. Barclays increased their price target on shares of United Airlines from $75.00 to $150.00 and gave the stock an "overweight" rating in a report on Thursday, November 14th. Finally, Raymond James reissued an "outperform" rating and set a $130.00 price target (up from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $113.88.

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United Airlines Price Performance

Shares of NASDAQ UAL traded down $6.60 during mid-day trading on Friday, reaching $95.89. The company's stock had a trading volume of 10,962,344 shares, compared to its average volume of 6,559,311. The stock has a 50-day moving average of $102.92 and a two-hundred day moving average of $79.03. The stock has a market capitalization of $31.54 billion, a P/E ratio of 10.17, a P/E/G ratio of 0.70 and a beta of 1.43. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its 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 business had revenue of $14.70 billion during 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%. The company's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.00 earnings per share. On average, equities research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

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.