Whipplewood Advisors LLC Invests $32,000 in United Airlines Holdings, Inc. (NASDAQ:UAL)

Whipplewood Advisors LLC bought a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 327 shares of the transportation company’s stock, valued at approximately $32,000.

Several other hedge funds also recently bought and sold shares of UAL. Bank of Jackson Hole Trust purchased a new stake in United Airlines during the 4th quarter valued at approximately $25,000. Hemington Wealth Management grew its stake in United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 131 shares in the last quarter. Roxbury Financial LLC bought a new stake in United Airlines in the 4th quarter valued at $32,000. Winch Advisory Services LLC purchased a new stake in United Airlines in the 4th quarter worth $38,000. Finally, Blue Trust Inc. boosted its holdings in shares of United Airlines by 108.6% during the 3rd quarter. Blue Trust Inc. now owns 753 shares of the transportation company’s stock valued at $43,000 after purchasing an additional 392 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on UAL. Dbs Bank raised United Airlines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 26th. Morgan Stanley lifted their price objective on United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Citigroup increased their target price on United Airlines from $98.00 to $122.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. JPMorgan Chase & Co. lifted their price target on United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Finally, Raymond James reissued an “outperform” rating and set a $130.00 target price (up previously from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. Two 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 company. According to data from MarketBeat, United Airlines has an average rating of “Buy” and an average price target of $113.88.

United Airlines Trading Up 1.8 %

NASDAQ:UAL opened at $93.81 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. The firm has a 50-day simple moving average of $103.00 and a 200-day simple moving average of $81.64. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The firm has a market cap of $30.85 billion, a P/E ratio of 9.95, a P/E/G ratio of 0.67 and a beta of 1.43.

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, beating the consensus estimate 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 analysts’ expectations of $14.40 billion. During the same quarter last year, the firm earned $2.00 EPS. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

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.