United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC lowered its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) by 28.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,581 shares of the transportation company's stock after selling 4,119 shares during the period. Mutual Advisors LLC's holdings in United Airlines were worth $1,123,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Global Trust Asset Management LLC acquired a new stake in shares of United Airlines during the third quarter worth $29,000. Strategic Investment Solutions Inc. IL purchased a new position in United Airlines during the 2nd quarter worth $30,000. Armstrong Advisory Group Inc. acquired a new stake in shares of United Airlines in the 3rd quarter worth $36,000. Winch Advisory Services LLC purchased a new stake in shares of United Airlines in the fourth quarter valued at about $38,000. Finally, Blue Trust Inc. increased its stake in shares of United Airlines by 108.6% during the third quarter. Blue Trust Inc. now owns 753 shares of the transportation company's stock worth $43,000 after acquiring an additional 392 shares during the period. 69.69% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at United Airlines

In other United Airlines news, EVP Linda P. Jojo sold 60,000 shares of United Airlines stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $95.12, for a total value of $5,707,200.00. Following the completion of the sale, the executive vice president now owns 63,599 shares in the company, valued at $6,049,536.88. The trade was a 48.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kate Gebo sold 17,500 shares of the stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $80.44, for a total transaction of $1,407,700.00. Following the transaction, the executive vice president now owns 40,012 shares in the company, valued at approximately $3,218,565.28. The trade was a 30.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.63% of the company's stock.

Wall Street Analyst Weigh In

UAL has been the subject of a number of recent analyst reports. Melius Research upgraded shares of United Airlines to a "strong-buy" rating in a research report on Monday, December 2nd. The Goldman Sachs Group reissued a "buy" rating and issued a $119.00 price target on shares of United Airlines in a report on Friday, November 15th. Morgan Stanley upped their price objective on United Airlines from $130.00 to $140.00 and gave the stock an "overweight" rating in a report on Thursday. Barclays boosted their target price on shares of United Airlines from $75.00 to $150.00 and gave the stock an "overweight" rating in a research report on Thursday, November 14th. Finally, Jefferies Financial Group increased their price target on shares of United Airlines from $75.00 to $95.00 and gave the company a "buy" rating in a report on Monday, October 21st. One equities research analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $110.20.

United Airlines Price Performance

UAL stock traded up $2.00 on Friday, reaching $105.00. The company had a trading volume of 8,640,695 shares, compared to its average volume of 5,321,374. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.72 and a current ratio of 0.81. The company's fifty day moving average is $99.39 and its 200 day moving average is $71.30. The company has a market cap of $34.53 billion, a P/E ratio of 11.13, a PEG ratio of 0.77 and a beta of 1.44. 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 posted 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. The business 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%. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.00 earnings per share. On average, research analysts forecast that United Airlines Holdings, Inc. will post 12.7 earnings per share for the current year.

United Airlines announced that its board has approved a share repurchase program on Tuesday, October 15th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the transportation company to purchase up to 7.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

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.