Three Seasons Wealth LLC Buys New Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Three Seasons Wealth LLC bought a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 28,312 shares of the transportation company's stock, valued at approximately $2,749,000. United Airlines makes up about 1.3% of Three Seasons Wealth LLC's holdings, making the stock its 20th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of Jackson Hole Trust acquired a new position in United Airlines in the fourth quarter valued at about $25,000. Hemington Wealth Management raised its position 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 buying an additional 131 shares in the last quarter. Roxbury Financial LLC acquired a new stake in shares of United Airlines during the 4th quarter worth approximately $32,000. Whipplewood Advisors LLC bought a new position in United Airlines in the fourth quarter valued at approximately $32,000. Finally, Bell Investment Advisors Inc raised its position in United Airlines by 60.3% during the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock valued at $35,000 after purchasing an additional 135 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Stock Performance

Shares of NASDAQ UAL traded down $0.85 during midday trading on Friday, reaching $68.20. The company's stock had a trading volume of 5,613,237 shares, compared to its average volume of 7,543,078. 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 $22.27 billion, a P/E ratio of 7.23, a PEG ratio of 0.67 and a beta of 1.19. The firm has a 50 day moving average price of $75.55 and a 200-day moving average price of $88.04. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.16. The company had revenue of $13.21 billion for the quarter, compared to the consensus estimate of $13.47 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. As a group, equities analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Jefferies Financial Group decreased their price target on United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. Raymond James downgraded shares of United Airlines from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd. Bank of America cut their price objective on United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a report on Thursday, April 3rd. Morgan Stanley raised 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, JPMorgan Chase & Co. boosted their price objective on shares of United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research note on Thursday, January 9th. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, United Airlines currently has a consensus rating of "Buy" and a consensus target price of $96.60.

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.