Mpwm Advisory Solutions LLC Takes Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Mpwm Advisory Solutions LLC purchased a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,612 shares of the transportation company’s stock, valued at approximately $254,000.

Several other institutional investors have also modified their holdings of the business. Proficio Capital Partners LLC purchased a new position in United Airlines in the fourth quarter valued at $137,000. Longbow Finance SA acquired a new stake in United Airlines in the 4th quarter valued at about $9,359,000. KBC Group NV purchased a new position in shares of United Airlines in the 4th quarter valued at about $485,000. Bleakley Financial Group LLC grew its position in shares of United Airlines by 293.7% during the fourth quarter. Bleakley Financial Group LLC now owns 23,458 shares of the transportation company’s stock worth $2,278,000 after buying an additional 17,499 shares in the last quarter. Finally, Islay Capital Management LLC purchased a new stake in shares of United Airlines during the fourth quarter worth approximately $790,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on UAL. Susquehanna decreased their price target on shares of United Airlines from $90.00 to $81.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. TD Cowen lifted their price objective on shares of United Airlines from $73.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, April 22nd. Cowen reiterated a “buy” rating on shares of United Airlines in a research note on Tuesday, April 22nd. Barclays cut their price target on United Airlines from $140.00 to $94.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Finally, Cantor Fitzgerald set a $88.00 price objective on United Airlines in a research report on Tuesday, April 22nd. One equities research analyst has rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $102.33.

United Airlines Stock Performance

Shares of UAL opened at $78.62 on Tuesday. The company has a 50-day simple moving average of $70.68 and a 200-day simple moving average of $88.26. United Airlines Holdings, Inc. has a 52-week low of $37.02 and a 52-week high of $116.00. 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 $25.68 billion, a PE ratio of 8.34, a P/E/G ratio of 0.67 and a beta of 1.39.

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