Murphy & Mullick Capital Management Corp acquired a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 375 shares of the transportation company’s stock, valued at approximately $36,000.
Several other large investors have also modified their holdings of the stock. Bank of Jackson Hole Trust acquired a new stake in shares of United Airlines during the fourth quarter valued at approximately $25,000. Hemington Wealth Management raised its stake in United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 131 shares during the period. Whipplewood Advisors LLC purchased a new stake in shares of United Airlines in the fourth quarter valued at $32,000. Roxbury Financial LLC acquired a new stake in shares of United Airlines in the fourth quarter worth $32,000. Finally, Bell Investment Advisors Inc raised its position in United Airlines by 60.3% during the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock valued at $35,000 after buying an additional 135 shares during the period. 69.69% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
UAL has been the subject of a number of research reports. UBS Group decreased their price objective on United Airlines from $140.00 to $107.00 and set a “buy” rating for the company in a research report on Thursday, March 20th. Barclays set a $140.00 price target on shares of United Airlines and gave the stock an “overweight” rating in a report on Wednesday, March 12th. Morgan Stanley upped their price objective on shares of United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. lifted their target price on shares of United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. Finally, Susquehanna reaffirmed a “hold” rating on shares of United Airlines in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $112.75.
United Airlines Stock Down 5.6 %
UAL opened at $73.53 on Friday. The firm has a market cap of $24.07 billion, a P/E ratio of 7.80, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The business has a 50 day moving average price of $94.27 and a 200 day moving average price of $86.03. United Airlines Holdings, Inc. has a twelve month low of $37.02 and a twelve month high of $116.00.
United Airlines (NASDAQ:UAL – Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $0.30. The business had revenue of $14.70 billion during the quarter, compared to analysts’ expectations of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. United Airlines’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.00 earnings per share. Research analysts forecast that United Airlines Holdings, Inc. will post 12.96 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, flight academy, and maintenance services for third parties.
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