6,256 Shares in United Airlines Holdings, Inc. (NASDAQ:UAL) Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 6,256 shares of the transportation company’s stock, valued at approximately $607,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Moody National Bank Trust Division lifted its holdings in shares of United Airlines by 2.1% during the fourth 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 lifted its stake in United Airlines by 2.2% during 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 in the last quarter. Metis Global Partners LLC boosted its holdings in shares of United Airlines by 2.0% in the fourth quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company’s stock worth $631,000 after buying an additional 129 shares during the period. Hemington Wealth Management raised its holdings in shares of United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 131 shares during the period. Finally, Bell Investment Advisors Inc lifted its position 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 in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Trading Up 7.1 %

United Airlines stock opened at $80.22 on Tuesday. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00. The company’s fifty day moving average price is $96.04 and its two-hundred day moving average price is $85.95. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The company has a market capitalization of $26.26 billion, a price-to-earnings ratio of 8.51, a PEG ratio of 0.67 and a beta of 1.41.

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

Wall Street Analyst Weigh In

Several research firms have weighed in on UAL. UBS Group lowered their price objective on shares of United Airlines from $140.00 to $107.00 and set a “buy” rating on the stock in a research report on Thursday, March 20th. Barclays set a $140.00 price objective on United Airlines and gave the stock an “overweight” rating in a research note on Wednesday, March 12th. Bank of America lowered their target price on United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, March 12th. Dbs Bank raised shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 26th. Finally, Melius Research raised shares of United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. Two investment 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. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $112.75.

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.