Inceptionr LLC Has $956,000 Holdings in United Airlines Holdings, Inc. (NASDAQ:UAL)

Inceptionr LLC cut its holdings in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 32.8% in the fourth quarter, HoldingsChannel reports. The fund owned 9,841 shares of the transportation company’s stock after selling 4,802 shares during the quarter. Inceptionr LLC’s holdings in United Airlines were worth $956,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bank of Jackson Hole Trust purchased a new stake in shares of United Airlines during the 4th quarter worth about $25,000. Hemington Wealth Management raised its stake in shares of United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after purchasing an additional 131 shares in the last quarter. Roxbury Financial LLC purchased a new stake in shares of United Airlines during the 4th quarter worth about $32,000. Whipplewood Advisors LLC purchased a new stake in shares of United Airlines during the 4th quarter worth about $32,000. Finally, Winch Advisory Services LLC purchased a new stake in shares of United Airlines during the 4th quarter worth about $38,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UAL has been the subject of a number of recent research reports. TD Cowen raised their price target on United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Dbs Bank raised United Airlines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 26th. Citigroup raised their price objective on United Airlines from $98.00 to $122.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Susquehanna reissued a “hold” rating on shares of United Airlines in a research note on Tuesday, February 25th. Finally, UBS Group raised their price objective on United Airlines from $139.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $113.88.

United Airlines Stock Performance

Shares of NASDAQ UAL opened at $86.27 on Friday. United Airlines Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $116.00. The company has a market cap of $28.24 billion, a P/E ratio of 9.15, a P/E/G ratio of 0.67 and a beta of 1.41. The business’s 50 day moving average is $102.05 and its two-hundred day moving average is $82.67. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, topping 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 company had revenue of $14.70 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same quarter last year, the firm earned $2.00 EPS. United Airlines’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, equities analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current 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.