Level Four Advisory Services LLC Makes New Investment in United Airlines Holdings, Inc. (NASDAQ:UAL)

Level Four Advisory Services LLC bought a new position in United Airlines Holdings, Inc. (NASDAQ:UAL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,309 shares of the transportation company’s stock, valued at approximately $224,000.

Several other hedge funds also recently made changes to their positions in UAL. Bank of Jackson Hole Trust bought a new stake in United Airlines in the 4th quarter worth $25,000. Hemington Wealth Management boosted 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 worth $30,000 after purchasing an additional 131 shares during the period. Roxbury Financial LLC bought a new stake in shares of United Airlines in the fourth quarter worth about $32,000. Whipplewood Advisors LLC purchased a new position in United Airlines during the 4th quarter valued at about $32,000. Finally, Bell Investment Advisors Inc raised its position in United Airlines by 60.3% during the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 135 shares during the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UAL has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Barclays set a $140.00 price objective on shares of United Airlines and gave the stock an “overweight” rating in a report on Wednesday, March 12th. Bank of America cut 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. Jefferies Financial Group decreased their price target on shares of United Airlines from $154.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, UBS Group reduced their target price on United Airlines from $140.00 to $107.00 and set a “buy” rating on the stock in a report on Thursday, March 20th. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, United Airlines currently has an average rating of “Buy” and an average target price of $111.75.

United Airlines Stock Performance

Shares of UAL stock opened at $68.20 on Wednesday. The company has a market capitalization of $22.32 billion, a price-to-earnings ratio of 7.23, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. 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 one year low of $37.02 and a one year high of $116.00. The company’s 50-day moving average is $91.91 and its 200 day moving average is $86.98.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results 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. The company had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.00 earnings per share. Sell-side analysts expect that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

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.