United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. cut its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 13.1% during the fourth quarter, Holdings Channel reports. The firm owned 3,580 shares of the transportation company’s stock after selling 539 shares during the period. Harbour Investments Inc.’s holdings in United Airlines were worth $348,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Bank of Jackson Hole Trust acquired a new stake in United Airlines during the fourth quarter worth about $25,000. Hemington Wealth Management grew its holdings in United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after acquiring an additional 131 shares during the period. Whipplewood Advisors LLC acquired a new stake in United Airlines during the fourth quarter worth about $32,000. Roxbury Financial LLC acquired a new stake in United Airlines during the fourth quarter worth about $32,000. Finally, Bell Investment Advisors Inc grew its holdings in United Airlines by 60.3% during 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. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Price Performance

NASDAQ:UAL opened at $74.87 on Friday. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. 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 stock has a market cap of $24.51 billion, a PE ratio of 7.94, a P/E/G ratio of 0.67 and a beta of 1.41. The stock has a 50 day moving average price of $96.52 and a 200 day moving average price of $85.12.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating 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 quarter last year, the firm earned $2.00 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Equities research analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UAL has been the topic of a number of recent analyst reports. Barclays set a $140.00 price target on United Airlines and gave the stock an “overweight” rating in a research report on Wednesday, March 12th. Citigroup increased their price target on United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Dbs Bank upgraded United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. Susquehanna reiterated a “hold” rating on shares of United Airlines in a research report on Tuesday, February 25th. Finally, Morgan Stanley increased their price target on United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, United Airlines currently has an average rating of “Buy” and a consensus price target of $112.75.

About United Airlines

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.