2,271 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Purchased by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC bought a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,271 shares of the transportation company’s stock, valued at approximately $221,000.

Other hedge funds have also made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new position in United Airlines during the fourth quarter worth about $25,000. Hemington Wealth Management boosted its position in shares of United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after purchasing an additional 131 shares during the period. Whipplewood Advisors LLC acquired a new stake in United Airlines in the 4th quarter valued at approximately $32,000. Roxbury Financial LLC acquired a new position in United Airlines during the fourth quarter worth $32,000. Finally, Bell Investment Advisors Inc boosted its position in shares of United Airlines by 60.3% during the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock worth $35,000 after buying an additional 135 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Stock Performance

Shares of United Airlines stock opened at $77.27 on Friday. The firm has a market capitalization of $25.24 billion, a P/E ratio of 8.19, a P/E/G ratio of 0.67 and a beta of 1.39. 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 52 week low of $37.02 and a 52 week high of $116.00. The firm’s 50 day moving average is $70.94 and its two-hundred day moving average is $88.02.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.16. The firm had revenue of $13.21 billion during the quarter, compared to analysts’ expectations of $13.47 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. Research analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on UAL. TD Cowen raised their target price on United Airlines from $73.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, April 22nd. Cantor Fitzgerald set a $88.00 price objective on shares of United Airlines in a research note on Tuesday, April 22nd. Susquehanna reduced their target price on shares of United Airlines from $90.00 to $81.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Barclays dropped their price target on shares of United Airlines from $140.00 to $94.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Finally, Morgan Stanley upped their price objective on United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $96.60.

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.