United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Black Cypress Capital Management LLC

Black Cypress Capital Management LLC lessened its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 12.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 52,078 shares of the transportation company's stock after selling 7,083 shares during the period. United Airlines accounts for approximately 4.4% of Black Cypress Capital Management LLC's investment portfolio, making the stock its 8th biggest holding. Black Cypress Capital Management LLC's holdings in United Airlines were worth $5,057,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bank of Jackson Hole Trust purchased a new stake in United Airlines in the fourth quarter valued at approximately $25,000. Hemington Wealth Management increased 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 period. Roxbury Financial LLC purchased a new stake in United Airlines in the 4th quarter valued at $32,000. Whipplewood Advisors LLC acquired a new stake in United Airlines during the 4th quarter worth $32,000. Finally, Bell Investment Advisors Inc grew its position in United Airlines by 60.3% during the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after purchasing an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Barclays decreased their target price on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Susquehanna lowered their target price on United Airlines from $130.00 to $90.00 and set a "positive" rating on the stock in a research note on Monday, April 7th. JPMorgan Chase & Co. increased their price target on United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a report on Thursday, January 9th. TD Cowen lifted their price objective on shares of United Airlines from $142.00 to $165.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Finally, Raymond James downgraded shares of United Airlines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. Three equities research 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. According to MarketBeat, United Airlines presently has an average rating of "Moderate Buy" and a consensus target price of $102.01.

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United Airlines Price Performance

NASDAQ:UAL traded up $0.09 during mid-day trading on Monday, hitting $65.69. 8,037,001 shares of the company's stock traded hands, compared to its average volume of 7,966,932. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The company has a market cap of $21.50 billion, a PE ratio of 6.97, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The firm's 50 day simple moving average is $82.35 and its 200 day simple moving average is $87.47.

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

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.