15,153 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Acquired by Retireful LLC

Retireful LLC acquired a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 15,153 shares of the transportation company’s stock, valued at approximately $1,471,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC acquired a new position in shares of United Airlines during the 3rd quarter worth approximately $29,000. Strategic Investment Solutions Inc. IL purchased a new position in United Airlines during the second quarter worth approximately $30,000. Armstrong Advisory Group Inc. acquired a new position in United Airlines during the third quarter worth $36,000. Quest Partners LLC grew its holdings in United Airlines by 3,504.8% in the 2nd quarter. Quest Partners LLC now owns 757 shares of the transportation company’s stock valued at $37,000 after buying an additional 736 shares in the last quarter. Finally, Winch Advisory Services LLC acquired a new stake in shares of United Airlines in the 4th quarter worth $38,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on UAL. Bank of America boosted their price target on shares of United Airlines from $70.00 to $84.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. Citigroup lifted their target price on shares of United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley increased their price target on shares of United Airlines from $88.00 to $130.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Sanford C. Bernstein lifted their price target on shares of United Airlines from $68.00 to $85.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Finally, UBS Group upped their price objective on United Airlines from $139.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. One analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, United Airlines has a consensus rating of “Buy” and a consensus target price of $106.45.

Insiders Place Their Bets

In other United Airlines news, EVP Linda P. Jojo sold 60,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $95.12, for a total transaction of $5,707,200.00. Following the sale, the executive vice president now owns 63,599 shares in the company, valued at $6,049,536.88. This represents a 48.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kate Gebo sold 17,500 shares of United Airlines stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $80.44, for a total value of $1,407,700.00. Following the completion of the transaction, the executive vice president now owns 40,012 shares of the company’s stock, valued at $3,218,565.28. The trade was a 30.43 % decrease in their position. The disclosure for this sale can be found here. 0.63% of the stock is owned by company insiders.

United Airlines Stock Performance

Shares of United Airlines stock opened at $106.11 on Friday. The stock has a market capitalization of $34.90 billion, a price-to-earnings ratio of 12.80, a price-to-earnings-growth ratio of 0.98 and a beta of 1.44. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.79 and a quick ratio of 0.72. The business has a 50-day moving average of $96.92 and a 200 day moving average of $68.42. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $110.92.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data on Tuesday, October 15th. The transportation company reported $3.33 EPS for the quarter, beating the consensus estimate of $3.10 by $0.23. The business had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.76 billion. United Airlines had a net margin of 4.94% and a return on equity of 30.72%. During the same quarter last year, the firm posted $3.65 earnings per share. As a group, sell-side analysts forecast that United Airlines Holdings, Inc. will post 10.32 earnings per share for the current year.

United Airlines announced that its Board of Directors has authorized a share buyback plan on Tuesday, October 15th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the transportation company to repurchase up to 7.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

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.