Park Capital Management LLC WI Takes Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Park Capital Management LLC WI bought a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,337 shares of the transportation company’s stock, valued at approximately $227,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Moody National Bank Trust Division grew its position in United Airlines by 2.1% during the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock valued at $470,000 after buying an additional 98 shares during the period. Diversify Advisory Services LLC grew its position in United Airlines by 2.2% during the fourth quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock valued at $508,000 after buying an additional 101 shares during the period. Huntington National Bank grew its position in United Airlines by 10.8% during the third quarter. Huntington National Bank now owns 1,321 shares of the transportation company’s stock valued at $75,000 after buying an additional 129 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in United Airlines by 25.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 710 shares of the transportation company’s stock valued at $69,000 after buying an additional 142 shares during the period. Finally, Mather Group LLC. grew its position in United Airlines by 17.8% during the fourth quarter. Mather Group LLC. now owns 1,236 shares of the transportation company’s stock valued at $120,000 after buying an additional 187 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on UAL. JPMorgan Chase & Co. increased their target price on shares of United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Morgan Stanley increased their target price on shares of United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Susquehanna increased their target price on shares of United Airlines from $120.00 to $130.00 and gave the stock a “positive” rating in a research report on Tuesday, February 4th. The Goldman Sachs Group reiterated a “buy” rating and set a $119.00 target price on shares of United Airlines in a research report on Friday, November 15th. Finally, Bank of America increased their target price on shares of United Airlines from $70.00 to $84.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. One equities research analyst has rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $113.88.

Insider Activity at United Airlines

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

United Airlines Trading Up 0.8 %

Shares of UAL opened at $104.18 on Thursday. The firm’s 50 day simple moving average is $102.20 and its 200 day simple moving average is $76.59. The company has a market capitalization of $34.26 billion, a P/E ratio of 11.05, a P/E/G ratio of 0.71 and a beta of 1.43. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00.

United Airlines (NASDAQ:UAL) last announced its earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. The business had revenue of $14.70 billion for the quarter, compared to the consensus estimate of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. United Airlines’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm posted $2.00 earnings per share. Sell-side analysts forecast that United Airlines Holdings, Inc. will post 13.09 earnings per share for the current fiscal year.

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.