Integrated Wealth Concepts LLC Purchases 6,536 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Integrated Wealth Concepts LLC grew its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 62.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,052 shares of the transportation company’s stock after acquiring an additional 6,536 shares during the period. Integrated Wealth Concepts LLC’s holdings in United Airlines were worth $1,656,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Bank of Jackson Hole Trust bought a new position in United Airlines in the 4th quarter worth $25,000. Hemington Wealth Management increased its stake in shares of United Airlines by 70.8% in 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. Roxbury Financial LLC purchased a new position in United Airlines during the 4th quarter valued at about $32,000. Whipplewood Advisors LLC bought a new stake in United Airlines during the fourth quarter worth about $32,000. Finally, Bell Investment Advisors Inc grew its holdings in United Airlines by 60.3% in the fourth quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock worth $35,000 after purchasing an additional 135 shares during the period. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UAL. Cowen reiterated a “buy” rating on shares of United Airlines in a report on Tuesday, April 22nd. Cantor Fitzgerald set a $88.00 target price on shares of United Airlines in a report on Tuesday, April 22nd. Evercore ISI lowered their target price on shares of United Airlines from $145.00 to $100.00 and set an “outperform” rating for the company in a report on Friday, April 11th. UBS Group lifted their target price on shares of United Airlines from $59.00 to $67.00 and gave the company a “neutral” rating in a report on Thursday, April 17th. Finally, Morgan Stanley raised their price target on shares of United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, United Airlines currently has an average rating of “Buy” and a consensus target price of $96.60.

United Airlines Trading Up 0.9 %

Shares of UAL stock opened at $68.84 on Tuesday. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The firm has a fifty day moving average price of $74.79 and a 200-day moving average price of $88.09. 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 cap of $22.48 billion, a price-to-earnings ratio of 7.30, a PEG ratio of 0.67 and a beta of 1.19.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.16. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The firm had revenue of $13.21 billion during the quarter, compared to the consensus estimate of $13.47 billion. As a group, equities analysts predict that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current 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.