Cerity Partners LLC Purchases 6,069 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Cerity Partners LLC increased its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 70.6% during the 4th quarter, Holdings Channel reports. The firm owned 14,669 shares of the transportation company’s stock after acquiring an additional 6,069 shares during the quarter. Cerity Partners LLC’s holdings in United Airlines were worth $605,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of UAL. NBC Securities Inc. bought a new stake in United Airlines during the 3rd quarter valued at $25,000. Loomis Sayles & Co. L P boosted 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 valued at $26,000 after acquiring an additional 545 shares in the last quarter. Venturi Wealth Management LLC boosted 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 valued at $27,000 after acquiring an additional 274 shares in the last quarter. Clear Street Markets LLC boosted its position in United Airlines by 116.8% during the 3rd quarter. Clear Street Markets LLC now owns 930 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 501 shares in the last quarter. Finally, Cullen Frost Bankers Inc. boosted its position in United Airlines by 1,000.0% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,100 shares of the transportation company’s stock valued at $47,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors own 69.69% of the company’s stock.

Insider Buying and Selling at United Airlines

In other United Airlines news, EVP Kate Gebo sold 15,000 shares of United Airlines stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total transaction of $762,900.00. Following the completion of the transaction, the executive vice president now owns 57,512 shares in the company, valued at approximately $2,925,060.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.63% of the company’s stock.

United Airlines Stock Performance

Shares of UAL stock opened at $52.67 on Thursday. The business has a fifty day moving average of $45.13 and a 200 day moving average of $41.75. The firm has a market capitalization of $17.32 billion, a price-to-earnings ratio of 6.51, a price-to-earnings-growth ratio of 0.53 and a beta of 1.55. United Airlines Holdings, Inc. has a 1 year low of $33.68 and a 1 year high of $58.23. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.69.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.39. The business had revenue of $13.63 billion during the quarter, compared to analyst estimates of $13.55 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The company’s revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the business posted $2.46 EPS. As a group, research analysts expect that United Airlines Holdings, Inc. will post 9.98 earnings per share for the current year.

Wall Street Analysts Forecast Growth

UAL has been the topic of several recent research reports. Morgan Stanley increased their target price on United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, April 18th. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $58.00 to $65.00 in a report on Friday, February 9th. Redburn Atlantic lowered United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 price objective for the company. in a report on Tuesday, February 13th. TD Cowen increased their price objective on United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. Finally, UBS Group initiated coverage on United Airlines in a report on Wednesday, March 20th. They set a “neutral” rating and a $47.00 price objective for the company. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, United Airlines has an average rating of “Moderate Buy” and a consensus price target of $66.53.

About United Airlines

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.