Crewe Advisors LLC Decreases Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Crewe Advisors LLC cut its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 20.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 404 shares of the transportation company’s stock after selling 107 shares during the period. Crewe Advisors LLC’s holdings in United Airlines were worth $39,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Moody National Bank Trust Division increased its stake in shares of United Airlines by 2.1% in the 4th quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock worth $470,000 after purchasing an additional 98 shares in the last quarter. Diversify Advisory Services LLC increased its stake in shares of United Airlines by 2.2% in the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after purchasing an additional 101 shares in the last quarter. Huntington National Bank increased its stake in shares of United Airlines by 10.8% in the 3rd quarter. Huntington National Bank now owns 1,321 shares of the transportation company’s stock worth $75,000 after purchasing an additional 129 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of United Airlines by 25.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 710 shares of the transportation company’s stock worth $69,000 after purchasing an additional 142 shares in the last quarter. Finally, Mather Group LLC. increased its stake in shares of United Airlines by 17.8% in the 4th quarter. Mather Group LLC. now owns 1,236 shares of the transportation company’s stock worth $120,000 after purchasing an additional 187 shares in the last quarter. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

UAL has been the subject of a number of analyst reports. Dbs Bank upgraded United Airlines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 26th. Melius Research upgraded United Airlines to a “strong-buy” rating in a research note on Monday, December 2nd. Barclays increased their price target on United Airlines from $75.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Sanford C. Bernstein increased their price target on United Airlines from $68.00 to $85.00 and gave the stock 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 equities research analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, United Airlines presently has an average rating of “Buy” and an average target price of $110.83.

Insider Activity at United Airlines

In other United Airlines news, EVP Linda P. Jojo sold 60,000 shares of the firm’s stock in a transaction dated 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 owns 63,599 shares of the company’s stock, valued at $6,049,536.88. This trade represents a 48.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.63% of the stock is owned by insiders.

United Airlines Stock Up 1.2 %

Shares of NASDAQ:UAL opened at $109.15 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00. The company has a 50-day moving average price of $101.37 and a 200 day moving average price of $74.71. The company has a market cap of $35.90 billion, a price-to-earnings ratio of 11.57, a PEG ratio of 0.69 and a beta of 1.43.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The firm had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter last year, the firm earned $2.00 EPS. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. As a group, equities research analysts predict that United Airlines Holdings, Inc. will post 13.09 earnings per share for the current year.

United Airlines announced that its Board of Directors has initiated a stock buyback program on Tuesday, October 15th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the transportation company to reacquire up to 7.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

About United Airlines

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.