Gladstone Institutional Advisory LLC Makes New Investment in United Airlines Holdings, Inc. (NASDAQ:UAL)

Gladstone Institutional Advisory LLC purchased a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,555 shares of the transportation company’s stock, valued at approximately $636,000.

Several other large investors have also recently modified their holdings of UAL. Moody National Bank Trust Division raised its stake in shares of United Airlines by 2.1% in the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock worth $470,000 after purchasing an additional 98 shares during the last quarter. Diversify Advisory Services LLC raised its position in United Airlines by 2.2% in the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after buying an additional 101 shares during the last quarter. Huntington National Bank lifted its stake in United Airlines by 10.8% during the 3rd quarter. Huntington National Bank now owns 1,321 shares of the transportation company’s stock valued at $75,000 after acquiring an additional 129 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of United Airlines by 25.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 710 shares of the transportation company’s stock valued at $69,000 after acquiring an additional 142 shares during the last quarter. Finally, Mather Group LLC. grew its stake in shares of United Airlines by 17.8% in the fourth quarter. Mather Group LLC. now owns 1,236 shares of the transportation company’s stock worth $120,000 after acquiring an additional 187 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Insider Buying and Selling at United Airlines

In other United Airlines news, EVP Linda P. Jojo sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $95.12, for a total transaction of $5,707,200.00. Following the completion of the transaction, the executive vice president now owns 63,599 shares in the company, valued at $6,049,536.88. This trade represents a 48.54 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.63% of the stock is currently owned by insiders.

United Airlines Price Performance

Shares of United Airlines stock opened at $104.26 on Friday. The company has a market capitalization of $34.29 billion, a price-to-earnings ratio of 11.06, a PEG ratio of 0.71 and a beta of 1.43. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. The stock’s 50-day simple moving average is $102.26 and its 200-day simple moving average is $76.95. United Airlines Holdings, Inc. has a 52 week low of $37.02 and a 52 week high of $116.00.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $0.30. The company had revenue of $14.70 billion for the quarter, compared to analysts’ expectations of $14.40 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.00 EPS. As a group, analysts expect that United Airlines Holdings, Inc. will post 13.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on UAL. TD Cowen lifted their target price on shares of United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. JPMorgan Chase & Co. lifted their price objective on United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a report on Thursday, January 9th. Dbs Bank raised United Airlines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 26th. The Goldman Sachs Group restated a “buy” rating and set a $119.00 price target on shares of United Airlines in a research note on Friday, November 15th. Finally, Melius Research upgraded shares of United Airlines to a “strong-buy” rating in a research note on Monday, December 2nd. One research analyst has rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $113.88.

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.