William B. Walkup & Associates Inc. Purchases Shares of 2,158 United Airlines Holdings, Inc. (NASDAQ:UAL)

William B. Walkup & Associates Inc. purchased a new stake in United Airlines Holdings, Inc. (NASDAQ:UAL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,158 shares of the transportation company’s stock, valued at approximately $105,000.

Several other large investors have also recently bought and sold shares of the company. BNP Paribas bought a new stake in United Airlines in the 1st quarter worth approximately $25,000. Fidelis Capital Partners LLC bought a new stake in United Airlines in the first quarter worth $27,000. Crewe Advisors LLC purchased a new stake in United Airlines during the first quarter valued at about $32,000. UMB Bank n.a. increased its holdings in shares of United Airlines by 59.7% in the second quarter. UMB Bank n.a. now owns 682 shares of the transportation company’s stock worth $33,000 after buying an additional 255 shares during the period. Finally, GoalVest Advisory LLC purchased a new stake in United Airlines during the 1st quarter valued at about $33,000. 69.69% of the stock is owned by institutional investors.

United Airlines Trading Down 1.5 %

United Airlines stock opened at $57.99 on Monday. The stock has a 50-day moving average of $45.87 and a two-hundred day moving average of $48.00. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.71 and a current ratio of 0.77. United Airlines Holdings, Inc. has a one year low of $33.68 and a one year high of $60.23. The stock has a market cap of $19.07 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 1.12 and a beta of 1.43.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Wednesday, July 17th. The transportation company reported $4.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.97 by $0.17. The firm had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $15.04 billion. United Airlines had a return on equity of 33.90% and a net margin of 5.28%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the business posted $5.03 earnings per share. On average, research analysts anticipate that United Airlines Holdings, Inc. will post 9.78 EPS for the current fiscal year.

Analyst Ratings Changes

UAL has been the topic of a number of recent analyst reports. Redburn Atlantic upgraded United Airlines from a “neutral” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Thursday, June 6th. TD Cowen boosted their price objective on shares of United Airlines from $65.00 to $80.00 and gave the company a “buy” rating in a research report on Wednesday, July 17th. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $71.87.

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.