XML Financial LLC Sells 512 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

XML Financial LLC lowered its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 5.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,670 shares of the transportation company’s stock after selling 512 shares during the quarter. XML Financial LLC’s holdings in United Airlines were worth $942,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Global Trust Asset Management LLC bought a new stake in shares of United Airlines in the 3rd quarter worth approximately $29,000. Strategic Investment Solutions Inc. IL bought a new position in United Airlines in the second quarter worth $30,000. Armstrong Advisory Group Inc. acquired a new stake in United Airlines during the third quarter worth $36,000. Winch Advisory Services LLC bought a new stake in United Airlines in the 4th quarter valued at $38,000. Finally, Blue Trust Inc. raised its stake in shares of United Airlines by 108.6% in the 3rd quarter. Blue Trust Inc. now owns 753 shares of the transportation company’s stock valued at $43,000 after buying an additional 392 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Stock Down 2.3 %

NASDAQ UAL opened at $107.97 on Thursday. The stock has a market capitalization of $35.51 billion, a P/E ratio of 11.45, a price-to-earnings-growth ratio of 0.80 and a beta of 1.44. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.72 and a current ratio of 0.79. The stock has a fifty day moving average of $98.51 and a 200-day moving average of $70.24.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, topping the consensus estimate of $2.96 by $0.30. The firm had revenue of $14.70 billion during the quarter, compared to analysts’ expectations of $14.40 billion. United Airlines had a return on equity of 34.03% and a net margin of 5.52%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.00 EPS. On average, equities research analysts forecast that United Airlines Holdings, Inc. will post 12.56 EPS for the current year.

United Airlines declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, October 15th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the transportation company to buy up to 7.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its shares are undervalued.

Insider Activity at United Airlines

In other United Airlines news, EVP Linda P. Jojo sold 60,000 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $95.12, for a total value of $5,707,200.00. Following the transaction, the executive vice president now owns 63,599 shares of the company’s stock, valued at approximately $6,049,536.88. This represents a 48.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kate Gebo sold 17,500 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $80.44, for a total value of $1,407,700.00. Following the transaction, the executive vice president now owns 40,012 shares of the company’s stock, valued at $3,218,565.28. The trade was a 30.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.63% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

UAL has been the topic of several recent research reports. Jefferies Financial Group lifted their target price on shares of United Airlines from $75.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Melius Research upgraded United Airlines to a “strong-buy” rating in a research note on Monday, December 2nd. Citigroup raised their target price on United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Barclays boosted their price target on United Airlines from $75.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Finally, Susquehanna increased their price objective on United Airlines from $85.00 to $120.00 and gave the stock a “positive” rating in a research note on Tuesday, January 7th. One analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $106.45.

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.