Capital Analysts LLC Decreases Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Capital Analysts LLC trimmed its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 22.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 717 shares of the transportation company’s stock after selling 207 shares during the period. Capital Analysts LLC’s holdings in United Airlines were worth $69,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Moody National Bank Trust Division boosted its position in shares of United Airlines by 2.1% during the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock valued at $470,000 after purchasing an additional 98 shares in the last quarter. Diversify Advisory Services LLC lifted its position in United Airlines by 2.2% during the fourth quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock valued at $508,000 after buying an additional 101 shares during the period. Metis Global Partners LLC boosted its holdings in shares of United Airlines by 2.0% during the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company’s stock valued at $631,000 after buying an additional 129 shares in the last quarter. Hemington Wealth Management grew its position in shares of United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after buying an additional 131 shares during the period. Finally, Bell Investment Advisors Inc lifted its position in United Airlines by 60.3% during 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. 69.69% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

UAL has been the topic of a number of recent research reports. TD Cowen upped their price objective on shares of United Airlines from $73.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, April 22nd. JPMorgan Chase & Co. raised their price objective on United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. Cantor Fitzgerald set a $88.00 target price on United Airlines in a report on Tuesday, April 22nd. Evercore ISI reduced their price target on United Airlines from $145.00 to $100.00 and set an “outperform” rating for the company in a report on Friday, April 11th. Finally, Raymond James cut shares of United Airlines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 2nd. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $96.60.

United Airlines Price Performance

Shares of UAL opened at $68.93 on Wednesday. The firm has a fifty day simple moving average of $74.12 and a two-hundred day simple moving average of $87.96. The firm has a market cap of $22.51 billion, a PE ratio of 7.31, a P/E/G 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 1-year low of $37.02 and a 1-year high of $116.00.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The business had revenue of $13.21 billion during the quarter, compared to the consensus estimate of $13.47 billion. On average, equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

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.