United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Sold by Simplicity Solutions LLC

Simplicity Solutions LLC reduced its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 10.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,376 shares of the transportation company’s stock after selling 1,007 shares during the quarter. Simplicity Solutions LLC’s holdings in United Airlines were worth $346,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. NBC Securities Inc. acquired a new position in United Airlines during the 3rd quarter worth approximately $25,000. Loomis Sayles & Co. L P lifted its position in United Airlines by 707.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock worth $26,000 after acquiring an additional 545 shares in the last quarter. Venturi Wealth Management LLC lifted its position in United Airlines by 72.1% during the 4th quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock worth $27,000 after acquiring an additional 274 shares in the last quarter. Clear Street Markets LLC lifted its position in United Airlines by 101.8% during the 1st quarter. Clear Street Markets LLC now owns 642 shares of the transportation company’s stock worth $28,000 after acquiring an additional 36,811 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. acquired a new position in United Airlines during the 4th quarter worth approximately $45,000. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Stock Performance

UAL stock opened at $51.38 on Friday. United Airlines Holdings, Inc. has a 12-month low of $33.68 and a 12-month high of $58.23. The company has a current ratio of 0.75, a quick ratio of 0.76 and a debt-to-equity ratio of 2.52. The stock’s 50 day simple moving average is $44.47 and its 200 day simple moving average is $41.49. The firm has a market cap of $16.89 billion, a P/E ratio of 6.35, a P/E/G ratio of 0.52 and a beta of 1.55.

United Airlines (NASDAQ:UAL) last issued its earnings results on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.39. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The firm had revenue of $13.63 billion for the quarter, compared to analyst estimates of $13.55 billion. During the same period last year, the company earned $2.46 earnings per share. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. As a group, equities research analysts predict that United Airlines Holdings, Inc. will post 9.78 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on UAL. Redburn Atlantic downgraded United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 price objective on the stock. in a report on Tuesday, February 13th. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $58.00 to $65.00 in a report on Friday, February 9th. StockNews.com upgraded United Airlines from a “sell” rating to a “hold” rating in a report on Thursday. Susquehanna lifted their price objective on United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a report on Thursday. Finally, UBS Group began coverage on United Airlines in a report on Wednesday, March 20th. They set a “neutral” rating and a $47.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.53.

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.