Wealth Enhancement Advisory Services LLC Grows Stock Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Wealth Enhancement Advisory Services LLC increased its holdings in United Airlines Holdings, Inc. (NASDAQ:UALFree Report) by 1.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,416 shares of the transportation company’s stock after buying an additional 287 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in United Airlines were worth $930,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UAL. Venturi Wealth Management LLC grew its stake in shares of 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 during the period. Wetzel Investment Advisors Inc. bought a new position in shares of United Airlines in the fourth quarter worth approximately $27,000. GoalVest Advisory LLC purchased a new stake in shares of United Airlines in the first quarter worth $33,000. Mather Group LLC. bought a new stake in shares of United Airlines during the 1st quarter valued at $44,000. Finally, Baystate Wealth Management LLC lifted its stake in shares of United Airlines by 5,820.0% during the 4th quarter. Baystate Wealth Management LLC now owns 1,184 shares of the transportation company’s stock valued at $49,000 after buying an additional 1,164 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Down 0.4 %

NASDAQ UAL opened at $46.82 on Tuesday. United Airlines Holdings, Inc. has a 52 week low of $33.68 and a 52 week high of $58.23. The firm has a market capitalization of $15.39 billion, a price-to-earnings ratio of 5.79, a PEG ratio of 0.46 and a beta of 1.44. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. The company has a fifty day moving average of $51.35 and a two-hundred day moving average of $46.45.

United Airlines (NASDAQ:UALGet Free Report) last issued its quarterly earnings results on Tuesday, April 16th. The transportation company reported ($0.15) EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $12.43 billion. On average, analysts predict that United Airlines Holdings, Inc. will post 9.95 earnings per share for the current year.

Analyst Ratings Changes

UAL has been the topic of a number of recent analyst reports. Bank of America raised their price target on United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, April 18th. UBS Group initiated coverage on United Airlines in a research note on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 price target for the company. Jefferies Financial Group upgraded shares of United Airlines from a “hold” rating to a “buy” rating and lifted their price objective for the company from $54.00 to $65.00 in a research report on Wednesday, May 29th. Citigroup upped their target price on shares of United Airlines from $80.00 to $96.00 and gave the stock a “buy” rating in a research report on Wednesday, May 29th. Finally, Wolfe Research upgraded shares of United Airlines from a “peer perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a report on Friday, May 17th. Two research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $70.89.

Get Our Latest Report on United Airlines

Insider Buying and Selling

In other news, EVP Kate Gebo sold 15,000 shares of the business’s stock in a transaction on 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 directly owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.63% of the stock is owned by corporate insiders.

United Airlines 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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