Affinity Investment Advisors LLC Acquires $201,000 Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Financial Advisors


Affinity Investment Advisors LLC purchased new shares in United Airlines Holdings, Inc. (NASDAQ: UAL – Get Rating) in the fourth quarter, the company said in its most recent filings with the U.S. Securities and Exchange Commission. bottom. Institutional investors purchased 5,320 shares of the shipping company’s stock worth approximately $201,000.

Several other institutional investors and hedge funds have also recently changed positions in UAL. EWG Elevate Inc. earned his $25,000 worth of new positions at United Airlines in the fourth quarter. Hollencrest Capital Management won a new position in United Airlines worth $25,000 in the fourth quarter. US Capital Wealth Advisors LLC won a new position worth $32,000 at United Airlines in the fourth quarter. Guardian Wealth Advisors LLC won a new position worth $33,000 at United Airlines in the third quarter. Finally, Ameliora Wealth Management Ltd. won a new position in United Airlines worth $34,000 in the third quarter. Institutional investors and hedge funds own 59.73% of the company’s shares.

Analyst upgrades and downgrades

Several research analysts have recently commented on the stock. Raymond James raised his price target on United Airlines stock from his $55.00 to his $64.00 in a report on Monday, April 3, giving it an “outperform” rating. Barclays upgraded United Airlines shares from an ‘equal-weighted’ rating to an ‘overweight’ rating in a research note on Friday, March 10, raising the company’s price target from $52.00 to $80.00. . BNP Paribas upgraded its share of United Airlines from ‘underperform’ to ‘outperform’ in its research notes on Tuesday, March 7, and set a target price for the company at $70.00. StockNews.com began covering United Airlines shares in a research note on Thursday, March 16. They issued a “pending” rating to the company. Finally, Redburn Partners upgraded United Airlines’ stock from a ‘sell’ rating to a ‘neutral’ rating and set a price target for the company at $55.00 in its research notes on Wednesday, February 8th. Two analysts rated the stock with a sell rating, five issued a hold rating, and nine analysts assigned a buy rating to the company’s stock. Based on MarketBeat.com data, United Airlines has an average rating of “pending” and a consensus price target of $54.14.

united airlines price performance

Shares of UAL opened at $44.81 on Friday. The company has a market capitalization of $14.7 billion, a PE ratio of 7.70 and a beta of 1.42. The company has a 50-day moving average of $43.00 and a 200-day moving average of $44.89. United Airlines Holdings, Inc. hit a 52-week low of $31.58 and a 52-week high of $55.04. The company has a debt-to-equity ratio of 4.13, a current ratio of 0.91 and a quick ratio of 0.86.

United Airlines (NASDAQ:UAL – Get Rating) last published its quarterly earnings data on Wednesday, April 19. The transportation company reported his earnings per share ($0.63) for the quarter, beating consensus expectations ($0.73) by $0.10. United Airlines had a net profit margin of 3.93% and a return on equity of 35.71%. The company’s revenue for the quarter was $11.43 billion, compared with analyst estimates of $11.43 billion. During the same period last year, the company earned his earnings per share of $4.24. The company’s revenue increased by 51.1% year-on-year. Equity analysts expect United Airlines Holdings, Inc. to record 9.44 EPS this year.

insider trading

In other United Airlines news, Director Edward Shapiro purchased 25,000 shares in a transaction that took place on Wednesday, March 15. Shares were acquired at an average price of $42.59 per share and an aggregate purchase price of $1,064,750.00. Following the closing of the transaction, the directors now own 200,000 shares of the company’s stock valued at $8,518,000. The acquisition is disclosed in documents filed with the Securities and Exchange Commission, which can be accessed via this hyperlink. In other United Airlines news, director Edward Shapiro purchased 25,000 shares of his stock in a transaction that took place on Wednesday, March 15. Shares were acquired at an average price of $42.59 per share and an aggregate purchase price of $1,064,750.00. Following the closing of the transaction, the directors now own 200,000 shares of the company’s stock valued at $8,518,000. The acquisition is disclosed in documents filed with the Securities and Exchange Commission, which can be accessed via this hyperlink. In addition, EVP Gregory L. Hart sold 20,000 shares of the company’s stock in a transaction on Monday, February 6th. The shares were sold at an average price of $50.73 and the total transaction value was he $1,014,600.00. Post-transaction, the Executive Vice President now owns 19,652 shares in the company directly, valued at $996,945.96. Please see here for the disclosure of this sale. His 0.60% of the shares are owned by insiders.

United Airlines Profile

(get rating)

United Airlines Holdings Inc. is a holding company engaged in the provision of transportation services. It operates through the geographic segments of Domestic, Atlantic, Pacific and Latin America. The company was founded on his December 30, 1968 and is headquartered in Chicago, Illinois.

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Want to know which other hedge funds hold UAL? Visit HoldingsChannel.com to get the latest United Airlines Holdings, Inc. (NASDAQ:UAL – Get Rating) 13F filings and insider trading.

United Airlines (NASDAQ:UAL) Quarterly Institutional Ownership

This instant news alert was generated by Narrative Science Technology and MarketBeat financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to contact@marketbeat.com.

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