3,574 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Bought by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. bought a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 3,574 shares of the transportation company’s stock, valued at approximately $347,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new stake in shares of United Airlines in the 4th quarter worth approximately $25,000. Hemington Wealth Management lifted its stake in United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after buying an additional 131 shares during the last quarter. Roxbury Financial LLC acquired a new position in shares of United Airlines during the fourth quarter valued at $32,000. Whipplewood Advisors LLC bought a new position in shares of United Airlines during the fourth quarter worth about $32,000. Finally, Bell Investment Advisors Inc increased its holdings in shares of United Airlines by 60.3% in the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock worth $35,000 after acquiring an additional 135 shares during the period. Institutional investors own 69.69% of the company’s stock.

United Airlines Stock Down 4.5 %

Shares of United Airlines stock opened at $70.23 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month high of $116.00. The firm has a market capitalization of $22.99 billion, a PE ratio of 7.45, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The stock’s fifty day moving average is $93.52 and its 200-day moving average is $86.18.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. The company had revenue of $14.70 billion during 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%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.00 earnings per share. Equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Wall Street Analysts Forecast Growth

UAL has been the subject of several recent analyst reports. Susquehanna restated a “hold” rating on shares of United Airlines in a research report on Tuesday, February 25th. Morgan Stanley raised their target price on United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Raymond James reiterated an “outperform” rating and set a $130.00 price target (up previously from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. UBS Group lowered their price target on United Airlines from $140.00 to $107.00 and set a “buy” rating on the stock in a report on Thursday, March 20th. Finally, JPMorgan Chase & Co. upped their price objective on shares of United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a report on Thursday, January 9th. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $112.75.

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.