TFO Wealth Partners LLC Buys 2,404 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

TFO Wealth Partners LLC boosted its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UALFree Report) by 34,342.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,411 shares of the transportation company’s stock after purchasing an additional 2,404 shares during the period. TFO Wealth Partners LLC’s holdings in United Airlines were worth $99,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in United Airlines in the third quarter worth approximately $25,000. Loomis Sayles & Co. L P raised its position in United Airlines by 707.8% in the third 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 during the period. Venturi Wealth Management LLC raised its position in United Airlines by 72.1% in the fourth quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock worth $27,000 after acquiring an additional 274 shares during the period. Wetzel Investment Advisors Inc. bought a new position in United Airlines in the fourth quarter worth approximately $27,000. Finally, Clear Street Markets LLC raised its position in United Airlines by 116.8% in the third quarter. Clear Street Markets LLC now owns 930 shares of the transportation company’s stock worth $39,000 after acquiring an additional 501 shares during the period. Institutional investors own 69.69% of the company’s stock.

Insider Activity at United Airlines

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on UAL. Morgan Stanley increased their price target on shares of United Airlines from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. Redburn Atlantic cut shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price for the company. in a research note on Tuesday, February 13th. Raymond James raised their target price on shares of United Airlines from $66.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Jefferies Financial Group raised shares of United Airlines from a “hold” rating to a “buy” rating and raised their target price for the company from $54.00 to $65.00 in a research note on Wednesday, May 29th. Finally, HSBC initiated coverage on shares of United Airlines in a research note on Monday, May 13th. They set a “buy” rating and a $69.20 target price for the company. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, United Airlines presently has an average rating of “Moderate Buy” and a consensus price target of $69.72.

View Our Latest Stock Report on UAL

United Airlines Price Performance

United Airlines stock opened at $52.91 on Thursday. The firm has a 50-day moving average price of $50.25 and a 200-day moving average price of $44.98. The firm has a market capitalization of $17.40 billion, a PE ratio of 6.54, a price-to-earnings-growth ratio of 0.52 and a beta of 1.47. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 2.52. United Airlines Holdings, Inc. has a 12-month low of $33.68 and a 12-month high of $58.23.

United Airlines (NASDAQ:UALGet Free Report) last announced its quarterly earnings data on Tuesday, April 16th. The transportation company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.38. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The company had revenue of $12.54 billion during the quarter, compared to analyst estimates of $12.43 billion. As a group, equities research analysts forecast that United Airlines Holdings, Inc. will post 9.93 EPS for the current year.

United Airlines Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

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