Blair William & Co. IL Lowers Stock Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Blair William & Co. IL lessened its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 14.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,300 shares of the transportation company’s stock after selling 2,848 shares during the quarter. Blair William & Co. IL’s holdings in United Airlines were worth $1,680,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UAL. Bank of Jackson Hole Trust purchased a new position in shares of United Airlines in the 4th quarter valued at about $25,000. Hemington Wealth Management increased its position 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 buying an additional 131 shares in the last quarter. Roxbury Financial LLC acquired a new position in shares of United Airlines during the 4th quarter worth approximately $32,000. Whipplewood Advisors LLC purchased a new position in shares of United Airlines during the 4th quarter valued at approximately $32,000. Finally, Bell Investment Advisors Inc grew its stake in United Airlines by 60.3% in the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock valued at $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.

United Airlines Stock Down 1.2 %

Shares of United Airlines stock opened at $68.20 on Wednesday. United Airlines Holdings, Inc. has a 52-week low of $37.02 and a 52-week high of $116.00. The company has a 50 day moving average of $91.91 and a 200 day moving average of $86.98. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. The company has a market capitalization of $22.32 billion, a P/E ratio of 7.23, a P/E/G ratio of 0.67 and a beta of 1.41.

United Airlines (NASDAQ:UAL) last issued its earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the previous year, the firm posted $2.00 earnings per share. The company’s revenue was up 7.8% compared to the same quarter last year. As a group, research analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on UAL. Barclays set a $140.00 price objective on shares of United Airlines and gave the company an “overweight” rating in a report on Wednesday, March 12th. Raymond James reaffirmed an “outperform” rating and set a $130.00 target price (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price target on shares of United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. TD Cowen upped their price objective 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. Finally, Jefferies Financial Group decreased their target price on shares of United Airlines from $154.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $111.75.

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.