Atria Investments Inc Boosts Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Atria Investments Inc lifted its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 175.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,304 shares of the transportation company's stock after purchasing an additional 7,196 shares during the quarter. Atria Investments Inc's holdings in United Airlines were worth $1,098,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust purchased a new position in United Airlines in the 4th quarter worth $25,000. Hemington Wealth Management raised its stake 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 purchasing an additional 131 shares during the last quarter. Roxbury Financial LLC acquired a new stake in shares of United Airlines during the fourth quarter worth about $32,000. Whipplewood Advisors LLC acquired a new position in United Airlines in the 4th quarter worth approximately $32,000. Finally, Winch Advisory Services LLC purchased a new position in United Airlines during the 4th quarter worth approximately $38,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on UAL shares. UBS Group increased their price objective on shares of United Airlines from $139.00 to $140.00 and gave the stock a "buy" rating in a research note on Tuesday, January 7th. JPMorgan Chase & Co. lifted their price objective on United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a research note on Thursday, January 9th. Citigroup lifted their price target on United Airlines from $98.00 to $122.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Melius Research raised shares of United Airlines to a "strong-buy" rating in a research note on Monday, December 2nd. Finally, TD Cowen boosted their target price on shares of United Airlines from $142.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Two 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. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $114.95.

Remove Ads

United Airlines Price Performance

Shares of UAL stock traded down $2.56 during trading hours on Thursday, reaching $69.90. The company had a trading volume of 10,928,614 shares, compared to its average volume of 7,645,242. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00. The company has a market capitalization of $22.88 billion, a price-to-earnings ratio of 7.41, a PEG ratio of 0.67 and a beta of 1.41. The stock has a fifty day moving average of $100.39 and a 200-day moving average of $83.93. 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 (NASDAQ:UAL - Get Free Report) last released its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating 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 for the quarter, compared to analysts' expectations of $14.40 billion. During the same period in the prior year, the firm posted $2.00 earnings per share. The firm's quarterly revenue was up 7.8% on a year-over-year basis. On average, equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share 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.