United Airlines Holdings, Inc. (NASDAQ:UAL) Holdings Raised by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. lifted its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 428.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,992 shares of the transportation company’s stock after acquiring an additional 1,615 shares during the period. SRS Capital Advisors Inc.’s holdings in United Airlines were worth $193,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of UAL. Wealth Enhancement Advisory Services LLC raised its stake in shares of United Airlines by 4.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 21,232 shares of the transportation company’s stock valued at $1,211,000 after purchasing an additional 943 shares in the last quarter. US Bancorp DE raised its stake in shares of United Airlines by 13.2% during the third quarter. US Bancorp DE now owns 11,961 shares of the transportation company’s stock valued at $682,000 after purchasing an additional 1,391 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of United Airlines by 13.0% during the third quarter. Farther Finance Advisors LLC now owns 1,647 shares of the transportation company’s stock valued at $94,000 after purchasing an additional 189 shares in the last quarter. Chicago Partners Investment Group LLC bought a new stake in United Airlines in the third quarter worth about $194,000. Finally, Janney Montgomery Scott LLC raised its position in United Airlines by 1.1% in the third quarter. Janney Montgomery Scott LLC now owns 22,404 shares of the transportation company’s stock worth $1,278,000 after acquiring an additional 248 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on UAL. Melius Research upgraded shares of United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. Morgan Stanley boosted their price target 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. Dbs Bank upgraded shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. Barclays boosted their price target on shares of United Airlines from $75.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 price target on shares of United Airlines in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $113.88.

United Airlines Trading Down 6.0 %

NASDAQ:UAL opened at $86.21 on Wednesday. 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 fifty-two week low of $37.02 and a fifty-two week high of $116.00. The stock’s 50-day moving average is $102.54 and its two-hundred day moving average is $82.58. The stock has a market cap of $28.35 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 0.67 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 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $0.30. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The firm had revenue of $14.70 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the prior year, the company posted $2.00 earnings per share. The firm’s revenue was up 7.8% on a year-over-year basis. As a group, equities research analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

About United Airlines

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.