United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Acquired by Bell Investment Advisors Inc

Bell Investment Advisors Inc boosted its stake in United Airlines Holdings, Inc. (NASDAQ:UAL) by 60.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 359 shares of the transportation company’s stock after buying an additional 135 shares during the period. Bell Investment Advisors Inc’s holdings in United Airlines were worth $35,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new position in United Airlines during the 4th quarter valued at about $25,000. Hemington Wealth Management increased its position in United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 131 shares during the period. Whipplewood Advisors LLC acquired a new stake in United Airlines in the 4th quarter valued at approximately $32,000. Roxbury Financial LLC bought a new stake in United Airlines during the 4th quarter valued at $32,000. Finally, Winch Advisory Services LLC acquired a new position in United Airlines during the 4th quarter worth $38,000. 69.69% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on UAL shares. Dbs Bank upgraded shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 26th. Raymond James reissued an “outperform” rating and set a $130.00 target price (up previously from $120.00) on shares of United Airlines in a research note on Thursday, January 23rd. Melius Research upgraded shares of United Airlines to a “strong-buy” rating in a report on Monday, December 2nd. UBS Group boosted their target price on United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 price target on shares of United Airlines in a research note on Friday, November 15th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $113.88.

United Airlines Trading Down 3.9 %

Shares of NASDAQ UAL opened at $82.88 on Monday. The business has a fifty day simple moving average of $101.72 and a 200-day simple moving average of $83.53. The company has a market cap of $27.13 billion, a price-to-earnings ratio of 8.79, a P/E/G ratio of 0.67 and a beta of 1.41. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month 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.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, beating 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 business had revenue of $14.70 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same quarter in the previous year, the business earned $2.00 earnings per share. The firm’s revenue was up 7.8% compared to the same quarter last year. Sell-side analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current 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.