Landscape Capital Management L.L.C. Sells 79,026 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Landscape Capital Management L.L.C. lessened its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 74.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,619 shares of the transportation company's stock after selling 79,026 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in United Airlines were worth $2,682,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Bank of Jackson Hole Trust acquired a new stake in shares of United Airlines during the 4th quarter valued at about $25,000. Hemington Wealth Management increased 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 valued at $30,000 after purchasing an additional 131 shares during the last quarter. Roxbury Financial LLC purchased a new position in shares of United Airlines during the 4th quarter worth $32,000. Whipplewood Advisors LLC acquired a new position in United Airlines in the 4th quarter valued at about $32,000. Finally, Bell Investment Advisors Inc grew its position in United Airlines by 60.3% in the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company's stock worth $35,000 after acquiring an additional 135 shares during the period. Hedge funds and other institutional investors own 69.69% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Jefferies Financial Group lowered their target price on United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a report on Tuesday, April 1st. Raymond James cut shares of United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. UBS Group cut United Airlines from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $107.00 to $59.00 in a research note on Monday. Barclays set a $140.00 price target on United Airlines and gave the company an "overweight" rating in a research report on Wednesday, March 12th. Finally, Morgan Stanley increased their price target on shares of United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $105.21.

Remove Ads

United Airlines Stock Performance

United Airlines stock traded up $1.10 during trading hours on Monday, reaching $58.77. 13,626,963 shares of the company were exchanged, compared to its average volume of 7,847,600. The firm has a market cap of $19.24 billion, a price-to-earnings ratio of 6.23, a PEG ratio of 0.67 and a beta of 1.19. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00. The stock has a 50-day moving average of $89.38 and a 200 day moving average of $87.21.

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, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $14.40 billion. During the same period last year, the business earned $2.00 earnings per share. United Airlines's quarterly revenue was up 7.8% compared to the same quarter last year. As a group, research 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.