RIA Advisory Group LLC Takes Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

RIA Advisory Group LLC acquired a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,634 shares of the transportation company’s stock, valued at approximately $67,000.

A number of other hedge funds have also made changes to their positions in UAL. Calamos Advisors LLC boosted its position in shares of United Airlines by 36.6% in the 4th quarter. Calamos Advisors LLC now owns 895,684 shares of the transportation company’s stock valued at $36,956,000 after purchasing an additional 240,224 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of United Airlines by 1,026.3% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,976 shares of the transportation company’s stock valued at $167,000 after purchasing an additional 3,623 shares during the period. Rakuten Securities Inc. acquired a new stake in shares of United Airlines in the 4th quarter valued at about $520,000. Mackenzie Financial Corp boosted its position in shares of United Airlines by 47.7% in the 4th quarter. Mackenzie Financial Corp now owns 490,836 shares of the transportation company’s stock valued at $20,252,000 after purchasing an additional 158,563 shares during the period. Finally, Lecap Asset Management Ltd. acquired a new stake in shares of United Airlines in the 4th quarter valued at about $551,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Analyst Ratings Changes

UAL has been the subject of a number of research analyst reports. StockNews.com raised United Airlines from a “sell” rating to a “hold” rating in a research report on Thursday. Susquehanna upped their target price on United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a research report on Thursday. Morgan Stanley upped their target price on United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday. Raymond James increased their price objective on United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Redburn Atlantic cut United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 price objective for the company. in a research report on Tuesday, February 13th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, United Airlines has an average rating of “Moderate Buy” and a consensus target price of $66.53.

United Airlines Stock Down 0.1 %

UAL opened at $51.38 on Friday. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.76. The business has a 50 day simple moving average of $44.47 and a 200-day simple moving average of $41.49. The stock has a market capitalization of $16.89 billion, a P/E ratio of 6.35, a P/E/G ratio of 0.52 and a beta of 1.55. United Airlines Holdings, Inc. has a 12 month low of $33.68 and a 12 month high of $58.23.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.61 by $0.39. The business had revenue of $13.63 billion during the quarter, compared to analysts’ expectations of $13.55 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period last year, the firm earned $2.46 EPS. On average, equities analysts anticipate that United Airlines Holdings, Inc. will post 9.78 earnings per share 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.