Roxbury Financial LLC Takes $32,000 Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Roxbury Financial LLC purchased a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) during the 4th quarter, Holdings Channel.com reports. The fund purchased 330 shares of the transportation company’s stock, valued at approximately $32,000.

Other hedge funds have also modified their holdings of the company. Global Trust Asset Management LLC bought a new stake in shares of United Airlines during the third quarter valued at approximately $29,000. Hemington Wealth Management boosted its stake in 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 acquiring an additional 131 shares during the last quarter. Winch Advisory Services LLC bought a new position in United Airlines in the fourth quarter valued at approximately $38,000. Blue Trust Inc. boosted its stake in United Airlines by 108.6% in the third quarter. Blue Trust Inc. now owns 753 shares of the transportation company’s stock valued at $43,000 after acquiring an additional 392 shares during the last quarter. Finally, Cromwell Holdings LLC boosted its stake in United Airlines by 31.4% in the third quarter. Cromwell Holdings LLC now owns 930 shares of the transportation company’s stock valued at $53,000 after acquiring an additional 222 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Linda P. Jojo sold 60,000 shares of United Airlines stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $95.12, for a total value of $5,707,200.00. Following the completion of the transaction, the executive vice president now owns 63,599 shares of the company’s stock, valued at $6,049,536.88. This trade represents a 48.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.63% of the company’s stock.

Analysts Set New Price Targets

UAL has been the topic of a number of recent research reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price objective on shares of United Airlines in a research note on Friday, November 15th. JPMorgan Chase & Co. lifted their price target on shares of United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Jefferies Financial Group lifted their price target on shares of United Airlines from $75.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. UBS Group lifted their price target on shares of United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Finally, Raymond James reissued an “outperform” rating and set a $130.00 price target (up from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $113.88.

United Airlines Stock Up 3.3 %

Shares of UAL stock opened at $104.26 on Friday. 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 1 year low of $37.02 and a 1 year high of $116.00. The firm’s fifty day moving average price is $102.34 and its two-hundred day moving average price is $77.35. The firm has a market capitalization of $34.29 billion, a P/E ratio of 11.06, a PEG ratio of 0.71 and a beta of 1.43.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $0.30. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The firm had revenue of $14.70 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same period in the previous year, the business earned $2.00 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. On average, equities analysts predict that United Airlines Holdings, Inc. will post 13.09 EPS for the current fiscal year.

United Airlines Company 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.