United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Acquired by Hemington Wealth Management

Hemington Wealth Management lifted its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 70.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 316 shares of the transportation company’s stock after buying an additional 131 shares during the period. Hemington Wealth Management’s holdings in United Airlines were worth $30,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Moody National Bank Trust Division boosted its position in United Airlines by 2.1% during the 4th 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 period. Diversify Advisory Services LLC boosted its position in United Airlines by 2.2% during the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after purchasing an additional 101 shares during the period. Huntington National Bank boosted its position in United Airlines by 10.8% during the 3rd quarter. Huntington National Bank now owns 1,321 shares of the transportation company’s stock worth $75,000 after purchasing an additional 129 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in United Airlines by 25.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 710 shares of the transportation company’s stock worth $69,000 after purchasing an additional 142 shares during the period. Finally, Mather Group LLC. boosted its position in United Airlines by 17.8% during the 4th quarter. Mather Group LLC. now owns 1,236 shares of the transportation company’s stock worth $120,000 after purchasing an additional 187 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UAL has been the subject of a number of research reports. Bank of America upped their price target 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. Sanford C. Bernstein upped their price objective on shares of United Airlines from $68.00 to $85.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Susquehanna upped their price objective on shares of United Airlines from $120.00 to $130.00 and gave the company a “positive” rating in a research report on Tuesday, February 4th. Melius Research raised shares of United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. Finally, Dbs Bank raised shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, United Airlines presently has a consensus rating of “Buy” and a consensus target price of $113.88.

Insider Buying and Selling

In related news, EVP Linda P. Jojo sold 60,000 shares of the stock in a transaction dated 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 sale, the executive vice president now owns 63,599 shares in the company, valued at $6,049,536.88. This represents a 48.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.63% of the stock is owned by company insiders.

United Airlines Stock Performance

Shares of UAL stock opened at $100.89 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The company’s 50-day simple moving average is $102.29 and its 200-day simple moving average is $76.78. The stock has a market capitalization of $33.18 billion, a price-to-earnings ratio of 10.70, a PEG ratio of 0.71 and a beta of 1.43.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, topping the consensus estimate of $2.96 by $0.30. The firm had revenue of $14.70 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the business earned $2.00 earnings per share. Equities analysts anticipate that United Airlines Holdings, Inc. will post 13.09 earnings per share for the current fiscal 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.