United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Bought by Tucker Asset Management LLC

Tucker Asset Management LLC boosted its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 87.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 821 shares of the transportation company’s stock after purchasing an additional 383 shares during the period. Tucker Asset Management LLC’s holdings in United Airlines were worth $80,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of Jackson Hole Trust bought a new position in United Airlines during the fourth quarter valued at about $25,000. Hemington Wealth Management grew 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 valued at $30,000 after purchasing an additional 131 shares during the last quarter. Whipplewood Advisors LLC bought a new position in shares of United Airlines in the fourth quarter worth about $32,000. Roxbury Financial LLC acquired a new position in United Airlines during the 4th quarter valued at $32,000. Finally, Bell Investment Advisors Inc grew its holdings 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 purchasing an additional 135 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Performance

NASDAQ:UAL opened at $70.23 on Friday. The business has a 50 day moving average price of $93.52 and a 200-day moving average price of $86.45. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The firm has a market cap of $22.99 billion, a PE ratio of 7.45, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results 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 company had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same quarter last year, the firm posted $2.00 earnings per share. The firm’s revenue was up 7.8% on a year-over-year basis. Equities research analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Analyst Ratings Changes

UAL has been the subject of several recent analyst reports. Raymond James reaffirmed an “outperform” rating and set a $130.00 price objective (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. Susquehanna reaffirmed a “hold” rating on shares of United Airlines in a research note on Tuesday, February 25th. Barclays set a $140.00 price target on shares of United Airlines and gave the company an “overweight” rating in a research report on Wednesday, March 12th. Morgan Stanley boosted 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. Finally, UBS Group dropped their target price on United Airlines from $140.00 to $107.00 and set a “buy” rating on the stock in a research report on Thursday, March 20th. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $112.75.

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.