9,851 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Bought by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC purchased a new stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 9,851 shares of the transportation company’s stock, valued at approximately $957,000.

Several other institutional investors have also recently bought and sold shares of the business. Castle Hook Partners LP boosted its position in shares of United Airlines by 176.1% during the third quarter. Castle Hook Partners LP now owns 4,245,120 shares of the transportation company’s stock valued at $242,227,000 after buying an additional 2,707,442 shares during the last quarter. Rubric Capital Management LP purchased a new position in United Airlines during the 3rd quarter worth $63,486,000. Sanders Capital LLC boosted its holdings in United Airlines by 12.4% during the 3rd quarter. Sanders Capital LLC now owns 9,457,587 shares of the transportation company’s stock worth $539,650,000 after acquiring an additional 1,040,589 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of United Airlines by 41.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company’s stock worth $177,604,000 after acquiring an additional 908,558 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of United Airlines by 1,492.8% in the fourth quarter. SG Americas Securities LLC now owns 912,019 shares of the transportation company’s stock valued at $88,557,000 after purchasing an additional 854,759 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Ratings Changes

UAL has been the topic of a number of recent analyst reports. 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. Citigroup lifted their target price on United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. JPMorgan Chase & Co. increased their price target on shares of United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. Morgan Stanley boosted their target price 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, TD Cowen raised their price objective on shares of United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, United Airlines presently has an average rating of “Buy” and an average target price of $113.88.

United Airlines Stock Performance

United Airlines stock opened at $93.81 on Friday. United Airlines Holdings, Inc. has a 1-year low of $37.02 and a 1-year high of $116.00. The firm has a market cap of $30.85 billion, a P/E ratio of 9.95, a P/E/G ratio of 0.67 and a beta of 1.43. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The firm has a 50-day moving average of $103.00 and a 200-day moving average of $81.35.

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

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.