Sentry Investment Management LLC Has $119,000 Stake in United Airlines Holdings, Inc. (NASDAQ:UAL)

Sentry Investment Management LLC trimmed its stake in United Airlines Holdings, Inc. (NASDAQ:UAL) by 14.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,222 shares of the transportation company’s stock after selling 199 shares during the period. Sentry Investment Management LLC’s holdings in United Airlines were worth $119,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of Jackson Hole Trust acquired a new stake in United Airlines in the fourth quarter valued at $25,000. Hemington Wealth Management increased its holdings in United Airlines by 70.8% in 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 period. Roxbury Financial LLC acquired a new stake in United Airlines during the 4th quarter worth about $32,000. Winch Advisory Services LLC acquired a new stake in United Airlines during the 4th quarter worth about $38,000. Finally, Blue Trust Inc. grew its holdings in United Airlines by 108.6% during the 3rd quarter. Blue Trust Inc. now owns 753 shares of the transportation company’s stock worth $43,000 after acquiring an additional 392 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Raymond James reiterated an “outperform” rating and set a $130.00 price target (up from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. JPMorgan Chase & Co. increased their price target on United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a report on Thursday, January 9th. Morgan Stanley increased their price target on United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. The Goldman Sachs Group reiterated a “buy” rating and set a $119.00 price target on shares of United Airlines in a report on Friday, November 15th. Finally, TD Cowen increased their price target on United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $113.88.

United Airlines Price Performance

Shares of NASDAQ UAL opened at $97.40 on Thursday. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The stock has a market cap of $32.03 billion, a price-to-earnings ratio of 10.33, a PEG ratio of 0.67 and a beta of 1.43. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The firm’s 50-day simple moving average is $103.14 and its 200 day simple moving average is $80.90.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, beating the consensus estimate of $2.96 by $0.30. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The business had revenue of $14.70 billion for the quarter, compared to analysts’ expectations 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, research analysts anticipate that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current fiscal year.

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.