PSI Advisors LLC Has $45,000 Stock Holdings in United Airlines Holdings Inc (NASDAQ:UAL)

PSI Advisors LLC reduced its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 48.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 646 shares of the transportation company’s stock after selling 600 shares during the period. PSI Advisors LLC’s holdings in United Airlines were worth $45,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new position in shares of United Airlines in the 4th quarter valued at $25,000. Capital A Wealth Management LLC bought a new stake in shares of United Airlines during the 4th quarter worth $31,000. Whipplewood Advisors LLC acquired a new stake in United Airlines in the fourth quarter valued at about $32,000. Bell Investment Advisors Inc grew its position in United Airlines by 60.3% in the fourth 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. Finally, Murphy & Mullick Capital Management Corp acquired a new position in United Airlines during the fourth quarter worth about $36,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of United Airlines from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 7th. Sanford C. Bernstein restated an “outperform” rating on shares of United Airlines in a research report on Tuesday, May 13th. Raymond James Financial downgraded shares of United Airlines from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 2nd. Susquehanna dropped their price target on United Airlines from $90.00 to $81.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Finally, Cowen restated a “buy” rating on shares of United Airlines in a research report on Tuesday, April 22nd. One analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $104.64.

United Airlines Stock Performance

Shares of United Airlines stock opened at $74.30 on Thursday. The stock has a market cap of $24.27 billion, a price-to-earnings ratio of 6.77, a P/E/G ratio of 1.18 and a beta of 1.45. United Airlines Holdings Inc has a twelve month low of $37.02 and a twelve month high of $116.00. The company’s fifty day moving average is $74.44 and its 200 day moving average is $86.35. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.93.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.16. The firm had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. United Airlines had a return on equity of 32.90% and a net margin of 6.34%. Sell-side analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current year.

United Airlines Company 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.