United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC lifted its stake in United Airlines Holdings, Inc. (NASDAQ:UAL) by 23,449.4% in the fourth quarter, HoldingsChannel reports. The firm owned 55,341 shares of the transportation company’s stock after acquiring an additional 55,106 shares during the quarter. New Age Alpha Advisors LLC’s holdings in United Airlines were worth $5,374,000 as of its most recent SEC filing.

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

United Airlines Stock Performance

Shares of UAL opened at $70.23 on Friday. The stock has a market capitalization of $22.99 billion, a P/E ratio of 7.45, a P/E/G ratio of 0.67 and a beta of 1.41. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The company’s fifty day moving average is $93.52 and its two-hundred day moving average is $86.18.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on UAL shares. Barclays set a $140.00 price target on United Airlines and gave the company an “overweight” rating in a report on Wednesday, March 12th. TD Cowen increased their target price on shares of United Airlines from $142.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Raymond James reissued an “outperform” rating and issued a $130.00 price target (up from $120.00) on shares of United Airlines in a research report on Thursday, January 23rd. Melius Research raised United Airlines to a “strong-buy” rating in a report on Monday, December 2nd. Finally, Morgan Stanley boosted their target price on United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Two equities research 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 has a consensus rating of “Buy” and a consensus target price of $112.75.

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.