United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Acquired by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 14.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,477 shares of the transportation company’s stock after acquiring an additional 2,703 shares during the period. O Shaughnessy Asset Management LLC’s holdings in United Airlines were worth $2,085,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of UAL. Bank of Jackson Hole Trust purchased a new stake in shares of United Airlines during the 4th quarter worth approximately $25,000. Hemington Wealth Management raised its holdings in United Airlines by 70.8% during the fourth 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 last quarter. Whipplewood Advisors LLC purchased a new stake in United Airlines during the fourth quarter worth $32,000. Roxbury Financial LLC acquired a new stake in United Airlines in the fourth quarter valued at $32,000. Finally, Bell Investment Advisors Inc raised its stake in shares of United Airlines by 60.3% during the 4th 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 last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Stock Performance

NASDAQ:UAL opened at $57.67 on Friday. The company has a market cap of $18.88 billion, a P/E ratio of 6.12, a P/E/G ratio of 0.67 and a beta of 1.19. The firm’s 50 day moving average is $89.38 and its two-hundred day moving average is $86.73. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. 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 (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the prior year, the firm posted $2.00 EPS. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on UAL. Bank of America lowered their price objective on shares of United Airlines from $110.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. raised their price objective on shares of United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. Morgan Stanley upped their target price on United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. UBS Group cut their price target on United Airlines from $140.00 to $107.00 and set a “buy” rating for the company in a report on Thursday, March 20th. Finally, Barclays set a $140.00 price objective on United Airlines and gave the company an “overweight” rating in a research report on Wednesday, March 12th. Three investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $111.08.

About United Airlines

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.