Level Four Advisory Services LLC Purchases New Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Level Four Advisory Services LLC acquired a new position in United Airlines Holdings, Inc. (NASDAQ:UAL) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,309 shares of the transportation company’s stock, valued at approximately $224,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of Jackson Hole Trust bought a new stake in shares of United Airlines in the 4th quarter worth approximately $25,000. Hemington Wealth Management increased its position in United Airlines by 70.8% in the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after buying an additional 131 shares during the last quarter. Roxbury Financial LLC bought a new stake in shares of United Airlines in the fourth quarter valued at $32,000. Whipplewood Advisors LLC purchased a new position in shares of United Airlines during the 4th quarter valued at $32,000. Finally, Bell Investment Advisors Inc grew 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 acquiring an additional 135 shares during the period. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

United Airlines Trading Down 1.2 %

Shares of UAL stock opened at $68.20 on Wednesday. The business has a 50-day moving average price of $91.91 and a two-hundred day moving average price of $86.98. United Airlines Holdings, Inc. has a 12-month low of $37.02 and a 12-month 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. The firm has a market cap of $22.32 billion, a P/E ratio of 7.23, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41.

United Airlines (NASDAQ:UAL) last released its earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $0.30. The company had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. United Airlines’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.00 EPS. Equities analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. UBS Group cut their target price on shares of United Airlines from $140.00 to $107.00 and set a “buy” rating for the company in a research report on Thursday, March 20th. Raymond James reissued an “outperform” rating and set a $130.00 target price (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. Barclays set a $140.00 price target on United Airlines and gave the stock an “overweight” rating in a report on Wednesday, March 12th. Morgan Stanley boosted their price objective 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, Bank of America cut their target price on United Airlines from $125.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, March 12th. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $111.75.

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.