Park Capital Management LLC WI Makes New $227,000 Investment in United Airlines Holdings, Inc. (NASDAQ:UAL)

Park Capital Management LLC WI bought a new position in United Airlines Holdings, Inc. (NASDAQ:UAL) during the 4th quarter, Holdings Channel.com reports. The firm bought 2,337 shares of the transportation company’s stock, valued at approximately $227,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Winch Advisory Services LLC bought a new position in shares of United Airlines in the fourth quarter worth approximately $38,000. Global Trust Asset Management LLC bought a new position in shares of United Airlines in the third quarter worth approximately $29,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of United Airlines by 25.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 710 shares of the transportation company’s stock worth $69,000 after purchasing an additional 142 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of United Airlines by 108.6% in the third quarter. Blue Trust Inc. now owns 753 shares of the transportation company’s stock worth $43,000 after purchasing an additional 392 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in United Airlines by 40.4% in the fourth quarter. UMB Bank n.a. now owns 896 shares of the transportation company’s stock valued at $87,000 after acquiring an additional 258 shares in the last quarter. Institutional investors own 69.69% of the company’s stock.

Insider Transactions at United Airlines

In other United Airlines news, EVP Linda P. Jojo sold 60,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $95.12, for a total value of $5,707,200.00. Following the completion of the transaction, the executive vice president now owns 63,599 shares of the company’s stock, valued at approximately $6,049,536.88. The trade was a 48.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.63% of the stock is owned by insiders.

United Airlines Price Performance

UAL opened at $104.18 on Thursday. The stock has a 50-day moving average price of $102.20 and a 200-day moving average price of $76.59. 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 firm has a market cap of $34.26 billion, a PE ratio of 11.05, a P/E/G ratio of 0.71 and a beta of 1.43. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.96 by $0.30. The firm had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. United Airlines’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.00 EPS. Sell-side analysts predict that United Airlines Holdings, Inc. will post 13.09 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UAL has been the topic of several recent analyst reports. Melius Research upgraded shares of United Airlines to a “strong-buy” rating in a report on Monday, December 2nd. Dbs Bank upgraded shares of United Airlines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 26th. Raymond James reiterated an “outperform” rating and issued a $130.00 price target (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. Susquehanna lifted their price target on shares of United Airlines from $120.00 to $130.00 and gave the company a “positive” rating in a report on Tuesday, February 4th. Finally, UBS Group lifted their price target on shares of United Airlines from $139.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. One research analyst has rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $113.88.

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.