Venturi Wealth Management LLC Purchases 314 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Venturi Wealth Management LLC raised its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 25.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,544 shares of the transportation company’s stock after purchasing an additional 314 shares during the quarter. Venturi Wealth Management LLC’s holdings in United Airlines were worth $150,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. State Street Corp grew its stake in shares of United Airlines by 0.8% during the 3rd quarter. State Street Corp now owns 10,320,253 shares of the transportation company’s stock valued at $588,874,000 after acquiring an additional 78,470 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of United Airlines by 41.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company’s stock valued at $177,604,000 after acquiring an additional 908,558 shares during the period. MidWestOne Financial Group Inc. grew its stake in shares of United Airlines by 28.0% during the 3rd quarter. MidWestOne Financial Group Inc. now owns 53,704 shares of the transportation company’s stock valued at $3,064,000 after acquiring an additional 11,743 shares during the period. KBC Group NV bought a new position in shares of United Airlines during the 4th quarter valued at approximately $485,000. Finally, Aigen Investment Management LP grew its stake in shares of United Airlines by 87.2% during the 3rd quarter. Aigen Investment Management LP now owns 18,912 shares of the transportation company’s stock valued at $1,079,000 after acquiring an additional 8,808 shares during the period. 69.69% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on UAL. JPMorgan Chase & Co. boosted their price target on United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a report on Thursday, January 9th. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price target on shares of United Airlines in a report on Friday, November 15th. TD Cowen boosted their price target on United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Citigroup boosted their price target on United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Finally, Dbs Bank raised United Airlines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, United Airlines presently has an average rating of “Buy” and an average price target of $113.88.

United Airlines Stock Performance

NASDAQ UAL opened at $95.89 on Friday. The company has a market cap of $31.54 billion, a P/E ratio of 10.17, a P/E/G ratio of 0.67 and a beta of 1.43. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The business’s 50 day moving average price is $102.94 and its 200-day moving average price is $79.43. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00.

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