Jackson Creek Investment Advisors LLC Takes Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Jackson Creek Investment Advisors LLC bought a new position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,039 shares of the transportation company’s stock, valued at approximately $683,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of Jackson Hole Trust acquired a new stake in shares of United Airlines during the fourth quarter worth $25,000. Hemington Wealth Management boosted its stake in United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after buying an additional 131 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in United Airlines in the 4th quarter valued at about $32,000. Roxbury Financial LLC acquired a new position in shares of United Airlines during the 4th quarter valued at about $32,000. Finally, Winch Advisory Services LLC purchased a new position in shares of United Airlines during the 4th quarter worth about $38,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Performance

United Airlines stock opened at $82.88 on Friday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The firm’s fifty day moving average price is $101.72 and its 200 day moving average price is $82.95. The company has a market capitalization of $27.13 billion, a price-to-earnings ratio of 8.79, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month 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 (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 business had revenue of $14.70 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same period in the previous year, the company earned $2.00 earnings per share. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, research analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analysts Set New Price Targets

UAL has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price target 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 upped their price objective on United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Barclays lifted their target price on United Airlines from $75.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, November 14th. Citigroup upped their price target on United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Raymond James reaffirmed an “outperform” rating and issued a $130.00 price objective (up from $120.00) on shares of United Airlines in a research note on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, United Airlines presently has an average rating of “Buy” and a consensus target price of $113.88.

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.