United Airlines Holdings, Inc. (NASDAQ:UAL) Position Lifted by Diversify Advisory Services LLC

Diversify Advisory Services LLC raised its stake in United Airlines Holdings, Inc. (NASDAQ:UAL) by 2.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,739 shares of the transportation company’s stock after purchasing an additional 101 shares during the period. Diversify Advisory Services LLC’s holdings in United Airlines were worth $508,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of UAL. Winch Advisory Services LLC acquired a new stake in United Airlines during the fourth quarter valued at approximately $38,000. Global Trust Asset Management LLC acquired a new stake in shares of United Airlines during the 3rd quarter valued at approximately $29,000. Strategic Investment Solutions Inc. IL bought a new position in United Airlines during the second quarter worth $30,000. Armstrong Advisory Group Inc. acquired a new position in United Airlines in the third quarter worth $36,000. Finally, Blue Trust Inc. increased its stake in United Airlines by 108.6% during the third quarter. Blue Trust Inc. now owns 753 shares of the transportation company’s stock valued at $43,000 after purchasing an additional 392 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

Insider Activity

In other United Airlines news, EVP Linda P. Jojo sold 60,000 shares of United Airlines stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $95.12, for a total value of $5,707,200.00. Following the completion of the sale, the executive vice president now directly owns 63,599 shares in the company, valued at $6,049,536.88. The trade was a 48.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kate Gebo sold 17,500 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $80.44, for a total transaction of $1,407,700.00. Following the transaction, the executive vice president now owns 40,012 shares in the company, valued at approximately $3,218,565.28. This trade represents a 30.43 % decrease in their position. The disclosure for this sale can be found here. 0.63% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

UAL has been the subject of a number of recent research reports. Barclays boosted their price objective on shares of United Airlines from $75.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Susquehanna increased their target price on United Airlines from $85.00 to $120.00 and gave the stock a “positive” rating in a research report on Tuesday, January 7th. Bank of America boosted their price objective on United Airlines from $70.00 to $84.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. Sanford C. Bernstein lifted their target price on United Airlines from $68.00 to $85.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Finally, UBS Group increased their price target on United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. One analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $106.45.

United Airlines Price Performance

Shares of NASDAQ:UAL opened at $110.52 on Wednesday. The company has a market capitalization of $36.35 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 0.78 and a beta of 1.44. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.72 and a current ratio of 0.79. The stock has a fifty day moving average of $98.09 and a 200-day moving average of $69.80. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $110.92.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating the consensus estimate of $2.96 by $0.30. United Airlines had a net margin of 4.94% and a return on equity of 30.72%. The business had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the prior year, the firm earned $2.00 EPS. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. As a group, equities analysts anticipate that United Airlines Holdings, Inc. will post 10.34 EPS for the current fiscal year.

United Airlines declared that its board has authorized a stock buyback plan on Tuesday, October 15th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the transportation company to repurchase up to 7.1% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

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.