Blair William & Co. IL Acquires 8,414 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Blair William & Co. IL grew its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 44.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 27,395 shares of the transportation company’s stock after buying an additional 8,414 shares during the period. Blair William & Co. IL’s holdings in United Airlines were worth $1,212,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. CoreCap Advisors LLC purchased a new position in shares of United Airlines in the 4th quarter worth about $25,000. Koesten Hirschmann & Crabtree INC. purchased a new position in shares of United Airlines in the 4th quarter worth about $26,000. Massmutual Trust Co. FSB ADV raised its position in shares of United Airlines by 99.7% in the 1st quarter. Massmutual Trust Co. FSB ADV now owns 611 shares of the transportation company’s stock worth $27,000 after purchasing an additional 305 shares during the last quarter. Sound Income Strategies LLC purchased a new position in shares of United Airlines in the 1st quarter worth about $32,000. Finally, CI Investments Inc. raised its position in United Airlines by 110.4% in the 4th quarter. CI Investments Inc. now owns 911 shares of the transportation company’s stock worth $34,000 after buying an additional 478 shares during the last quarter. Institutional investors own 70.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. boosted their target price on United Airlines from $70.00 to $93.00 and gave the stock an “overweight” rating in a research report on Friday, July 21st. Citigroup boosted their target price on United Airlines from $75.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday, July 24th. Bank of America boosted their target price on United Airlines from $43.00 to $50.00 in a research report on Monday, June 26th. TheStreet raised United Airlines from a “c” rating to a “b-” rating in a research report on Wednesday, July 19th. Finally, TD Cowen boosted their target price on United Airlines from $65.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, July 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, United Airlines has a consensus rating of “Moderate Buy” and an average price target of $70.14.

Insider Activity at United Airlines

In other United Airlines news, CFO Gerald Laderman sold 4,491 shares of the company’s stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $57.05, for a total value of $256,211.55. Following the completion of the transaction, the chief financial officer now directly owns 133,213 shares in the company, valued at approximately $7,599,801.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other United Airlines news, EVP Gregory L. Hart sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $52.26, for a total value of $627,120.00. Following the completion of the transaction, the executive vice president now directly owns 26,434 shares in the company, valued at approximately $1,381,440.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Gerald Laderman sold 4,491 shares of the company’s stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $57.05, for a total value of $256,211.55. Following the completion of the transaction, the chief financial officer now owns 133,213 shares of the company’s stock, valued at $7,599,801.65. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by corporate insiders.

United Airlines Trading Down 1.4 %

Shares of NASDAQ:UAL opened at $47.68 on Friday. The stock has a 50 day moving average of $52.65 and a 200 day moving average of $48.82. The company has a market cap of $15.64 billion, a PE ratio of 5.92 and a beta of 1.42. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 3.49. United Airlines Holdings, Inc. has a 12-month low of $31.58 and a 12-month high of $58.23.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Thursday, July 20th. The transportation company reported $5.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.03 by $1.00. The company had revenue of $14.18 billion during the quarter, compared to the consensus estimate of $13.90 billion. United Airlines had a return on equity of 48.89% and a net margin of 5.24%. The firm’s revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.43 EPS. As a group, equities research analysts expect that United Airlines Holdings, Inc. will post 11.29 EPS for the current year.

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, training, and maintenance services for third parties.