Bay Colony Advisory Group Inc d b a Bay Colony Advisors Makes New $296,000 Investment in United Airlines Holdings, Inc. (NASDAQ:UAL)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in United Airlines Holdings, Inc. (NASDAQ:UAL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,048 shares of the transportation company’s stock, valued at approximately $296,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp grew its stake in shares of United Airlines by 0.8% in the 3rd quarter. State Street Corp now owns 10,320,253 shares of the transportation company’s stock worth $588,874,000 after buying an additional 78,470 shares in the last quarter. Longbow Finance SA purchased a new position in shares of United Airlines in the 4th quarter worth $9,359,000. Charles Schwab Investment Management Inc. grew its stake in shares of United Airlines by 41.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company’s stock worth $177,604,000 after buying an additional 908,558 shares in the last quarter. MidWestOne Financial Group Inc. grew its stake in shares of United Airlines by 28.0% in the 3rd quarter. MidWestOne Financial Group Inc. now owns 53,704 shares of the transportation company’s stock worth $3,064,000 after buying an additional 11,743 shares in the last quarter. Finally, KBC Group NV purchased a new position in shares of United Airlines in the 4th quarter worth $485,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Trading Down 3.9 %

NASDAQ:UAL opened at $82.88 on Friday. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The firm has a market cap of $27.13 billion, a P/E ratio of 8.79, a P/E/G ratio of 0.67 and a beta of 1.41. The firm has a 50-day simple moving average of $101.72 and a 200-day simple moving average of $83.24.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating the consensus estimate of $2.96 by $0.30. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The business had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same quarter in the previous year, the business posted $2.00 EPS. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. Equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UAL has been the subject of a number of recent analyst reports. Barclays lifted their price target on shares of United Airlines from $75.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. UBS Group lifted their price target on shares of United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. TD Cowen lifted their price target on shares of United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Dbs Bank raised shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 26th. Finally, Susquehanna reaffirmed a “hold” rating on shares of United Airlines in a research note on Tuesday, February 25th. Two investment 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. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price 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.