Murphy & Mullick Capital Management Corp Invests $36,000 in United Airlines Holdings, Inc. (NASDAQ:UAL)

Murphy & Mullick Capital Management Corp acquired a new position in United Airlines Holdings, Inc. (NASDAQ:UAL) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 375 shares of the transportation company’s stock, valued at approximately $36,000.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in United Airlines by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 36,547,863 shares of the transportation company’s stock worth $3,548,797,000 after purchasing an additional 369,500 shares during the last quarter. State Street Corp grew its position in United Airlines by 0.8% during the third quarter. State Street Corp now owns 10,320,253 shares of the transportation company’s stock worth $588,874,000 after buying an additional 78,470 shares in the last quarter. Geode Capital Management LLC grew its position in United Airlines by 2.1% during the third quarter. Geode Capital Management LLC now owns 8,311,220 shares of the transportation company’s stock worth $477,526,000 after buying an additional 168,498 shares in the last quarter. Castle Hook Partners LP increased its stake in 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 acquiring an additional 2,707,442 shares during the period. Finally, Boston Partners bought a new stake in shares of United Airlines in the 4th quarter worth approximately $323,508,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UAL. UBS Group decreased their price objective on United Airlines from $140.00 to $107.00 and set a “buy” rating on the stock in a report on Thursday, March 20th. TD Cowen increased their price objective on shares of United Airlines from $142.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. increased their price objective on shares of United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. Bank of America lowered their target price on shares of United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, March 12th. Finally, Susquehanna restated a “hold” rating on shares of United Airlines in a research note on Tuesday, February 25th. Two investment 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 company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $112.75.

United Airlines Stock Performance

Shares of NASDAQ:UAL opened at $73.53 on Friday. The business has a fifty day moving average of $94.27 and a 200-day moving average of $86.03. 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 twelve month low of $37.02 and a twelve month high of $116.00. The firm has a market cap of $24.07 billion, a PE ratio of 7.80, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share 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 during the quarter, compared to analysts’ expectations of $14.40 billion. During the same quarter last year, the company posted $2.00 EPS. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, equities research analysts predict that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal 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.