Avantax Advisory Services Inc. Has $1.02 Million Stock Position in United Airlines Holdings, Inc. (NASDAQ:UAL)

Avantax Advisory Services Inc. boosted its stake in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 17.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,520 shares of the transportation company’s stock after buying an additional 1,589 shares during the period. Avantax Advisory Services Inc.’s holdings in United Airlines were worth $1,022,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Moody National Bank Trust Division raised its holdings in United Airlines by 2.1% during the 4th quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock worth $470,000 after buying an additional 98 shares during the period. Diversify Advisory Services LLC grew its stake in shares of United Airlines by 2.2% during the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after acquiring an additional 101 shares in the last quarter. Metis Global Partners LLC grew its stake in shares of United Airlines by 2.0% during the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company’s stock worth $631,000 after acquiring an additional 129 shares in the last quarter. Hemington Wealth Management grew 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 acquiring an additional 131 shares in the last quarter. Finally, Bell Investment Advisors Inc grew its stake in shares of United Airlines by 60.3% during the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock worth $35,000 after acquiring an additional 135 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Melius Research raised shares of United Airlines to a “strong-buy” rating in a research note on Monday, December 2nd. Susquehanna reaffirmed a “hold” rating on shares of United Airlines in a research note on Tuesday, February 25th. Barclays set a $140.00 price target on shares of United Airlines and gave the stock an “overweight” rating in a research note on Wednesday, March 12th. Morgan Stanley raised their price target on shares of United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Finally, UBS Group raised their target price on shares of 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 given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $114.95.

United Airlines Price Performance

NASDAQ:UAL opened at $74.43 on Thursday. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The company has a market cap of $24.36 billion, a P/E ratio of 7.89, a P/E/G ratio of 0.67 and a beta of 1.41. The firm’s fifty day moving average price is $97.76 and its two-hundred day moving average price is $84.98. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data 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 5.52% and a return on equity of 32.26%. The firm had revenue of $14.70 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the previous year, the company earned $2.00 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Equities analysts expect that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

United Airlines Company 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.